Vikram Gupta Sells 1,548 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 1,548 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $92.90, for a total value of $143,809.20. Following the completion of the sale, the insider owned 87,382 shares in the company, valued at approximately $8,117,787.80. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 20th, Vikram Gupta sold 1,548 shares of Synaptics stock. The stock was sold at an average price of $80.95, for a total value of $125,310.60.
• On Wednesday, February 25th, Vikram Gupta sold 772 shares of Synaptics stock. The stock was sold at an average price of $81.57, for a total value of $62,972.04.
• 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.

Synaptics Stock Performance

SYNA opened at $88.54 on Thursday. Synaptics Incorporated has a 52-week low of $53.17 and a 52-week high of $97.00. The firm has a market capitalization of $3.43 billion, a PE ratio of -55.69, a PEG ratio of 3.48 and a beta of 1.71. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. The business’s 50-day simple moving average is $77.56 and its 200 day simple moving average is $76.83.

Synaptics (NASDAQ:SYNA) last released its 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 for the quarter, compared to analyst estimates of $300.31 million. During the same quarter in the prior year, the company posted $0.92 earnings per share. Synaptics’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, sell-side analysts expect that Synaptics Incorporated will post 1.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Synaptics

Several institutional investors and hedge funds have recently made changes to their positions in the company. Collaborative Fund Advisors LLC acquired a new position in shares of Synaptics in the first quarter valued at approximately $224,000. Counterpoint Mutual Funds LLC acquired a new position in shares of Synaptics in the first quarter valued at approximately $537,000. MQS Management LLC acquired a new position in shares of Synaptics in the first quarter valued at approximately $232,000. Pictet Asset Management Holding SA grew its position in shares of Synaptics by 11.7% in the first quarter. Pictet Asset Management Holding SA now owns 6,334 shares of the software maker’s stock valued at $444,000 after purchasing an additional 661 shares during the last quarter. Finally, Louisiana State Employees Retirement System acquired a new position in shares of Synaptics in the first quarter valued at approximately $784,000. Institutional investors and hedge funds own 99.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SYNA. Rosenblatt Securities upped their target price on Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, February 6th. JPMorgan Chase & Co. upped their price objective on Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Craig Hallum restated a “hold” rating and issued a $80.00 price objective on shares of Synaptics in a research note on Friday, February 6th. TD Cowen restated a “buy” rating on shares of Synaptics in a research note on Friday, February 6th. Finally, Barclays restated an “overweight” rating and issued a $100.00 price objective on shares of Synaptics in a research note on Thursday, January 15th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.91.

Synaptics Company Profile

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.