Synaptics (NASDAQ:SYNA) Insider Vikram Gupta Sells 692 Shares

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 692 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total value of $79,462.36. Following the completion of the sale, the insider owned 84,126 shares of the company’s stock, valued at $9,660,188.58. This trade represents a 0.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through 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 27th, Vikram Gupta sold 1,548 shares of Synaptics stock. The shares were sold at an average price of $92.90, for a total value of $143,809.20.
• On Monday, April 20th, Vikram Gupta sold 1,548 shares of Synaptics stock. The shares were 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 shares were sold at an average price of $81.57, for a total value of $62,972.04.

Synaptics Stock Performance

NASDAQ:SYNA traded up $8.44 during midday trading on Wednesday, reaching $132.08. 829,738 shares of the company traded hands, compared to its average volume of 827,934. Synaptics Incorporated has a twelve month low of $57.54 and a twelve month high of $134.84. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of -106.60, a price-to-earnings-growth ratio of 4.11 and a beta of 1.86. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The company has a fifty day moving average price of $86.71 and a 200 day moving average price of $80.91.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The business had revenue of $294.20 million during the quarter, compared to analyst estimates of $290.51 million. During the same quarter in the previous year, the firm posted $0.90 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, analysts expect that Synaptics Incorporated will post 1.21 EPS for the current fiscal year.

Institutional Trading of Synaptics

Several institutional investors have recently modified their holdings of SYNA. CIBC Private Wealth Group LLC increased its position in Synaptics by 119.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after purchasing an additional 190 shares during the last quarter. Hantz Financial Services Inc. increased its position in Synaptics by 143.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after purchasing an additional 351 shares during the last quarter. Optiver Holding B.V. increased its position in Synaptics by 40.2% in the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after purchasing an additional 170 shares during the last quarter. Leonteq Securities AG acquired a new position in Synaptics in the 4th quarter worth about $43,000. Finally, Lazard Asset Management LLC acquired a new position in Synaptics in the 2nd quarter worth about $54,000. Institutional investors and hedge funds own 99.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SYNA. Northland Securities set a $123.00 price target on Synaptics in a research report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 price target on shares of Synaptics in a research report on Friday, May 8th. Mizuho set a $128.00 price target on Synaptics in a research report on Friday, May 8th. Finally, Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $119.18.

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.