Synaptics (NASDAQ:SYNA) Insider Sells $62,972.04 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 772 shares of Synaptics stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the sale, the insider owned 95,996 shares of the company’s stock, valued at approximately $7,830,393.72. The trade was a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Vikram Gupta also recently made the following trade(s):

• On Wednesday, February 18th, Vikram Gupta sold 772 shares of Synaptics stock. The stock was sold at an average price of $85.00, for a total value of $65,620.00.
• On Wednesday, December 17th, Vikram Gupta sold 694 shares of Synaptics stock. The shares were sold at an average price of $75.00, for a total value of $52,050.00.
• On Friday, December 12th, Vikram Gupta sold 694 shares of Synaptics stock. The stock was sold at an average price of $80.07, for a total value of $55,568.58.

Synaptics Price Performance

SYNA traded up $0.94 during trading on Wednesday, reaching $82.00. 306,613 shares of the stock were exchanged, compared to its average volume of 801,089. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of -51.57, a P/E/G ratio of 3.07 and a beta of 1.72. Synaptics Incorporated has a 1 year low of $41.80 and a 1 year high of $97.00. The business’s 50 day moving average price is $83.26 and its two-hundred day moving average price is $74.39.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.06. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The business had revenue of $302.50 million during the quarter, compared to the consensus estimate of $300.31 million. During the same quarter in the previous year, the company posted $0.92 EPS. The business’s revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, equities research analysts anticipate that Synaptics Incorporated will post 0.96 earnings per share for the current year.

Hedge Funds Weigh In On Synaptics

Several large investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its stake in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after acquiring an additional 594,235 shares during the last quarter. State Street Corp boosted its holdings in shares of Synaptics by 0.5% in the 2nd quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock valued at $132,181,000 after purchasing an additional 9,335 shares during the last quarter. Orbis Allan Gray Ltd grew its stake in shares of Synaptics by 9.9% during the 4th quarter. Orbis Allan Gray Ltd now owns 1,536,228 shares of the software maker’s stock valued at $113,712,000 after buying an additional 137,926 shares during the period. Geode Capital Management LLC increased its holdings in shares of Synaptics by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,000,456 shares of the software maker’s stock worth $74,066,000 after buying an additional 17,088 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Synaptics by 469.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock worth $60,304,000 after buying an additional 671,647 shares during the period. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SYNA. JPMorgan Chase & Co. lifted their price objective on Synaptics from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Rosenblatt Securities increased their target price on Synaptics from $95.00 to $125.00 and gave the company a “buy” rating in a report on Friday, February 6th. Northland Securities boosted their price target on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Monday, December 29th. Needham & Company LLC upped their price objective on Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Susquehanna increased their price objective on Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.91.

About Synaptics

Synaptics Incorporated is a global developer and supplier of human interface solutions for computing, networking, communications, and entertainment devices. The company specializes in the design, development and integration of custom chips and software that enable intuitive, natural user interactions. Synaptics solutions support touch, display, audio and biometrics functions, facilitating seamless human-to-machine interfaces across a broad range of end markets.

Key product offerings include touch controllers for laptops and tablets, capacitive touchscreens and display drivers for mobile devices, fingerprint sensors and secure authentication modules, as well as advanced audio processing and voice enhancement technologies.