Synaptics (NASDAQ:SYNA) Insider Esther Song Sells 126 Shares

Synaptics Incorporated (NASDAQ:SYNA) insider Esther Song sold 126 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $138.28, for a total transaction of $17,423.28. Following the sale, the insider directly owned 12,157 shares of the company’s stock, valued at approximately $1,681,069.96. This trade represents a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Esther Song also recently made the following trade(s):

• On Thursday, May 28th, Esther Song sold 8,833 shares of Synaptics stock. The shares were sold at an average price of $141.17, for a total transaction of $1,246,954.61.

Synaptics Price Performance

SYNA opened at $140.89 on Friday. The company has a fifty day moving average price of $115.10 and a two-hundred day moving average price of $91.97. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. Synaptics Incorporated has a 52 week low of $58.28 and a 52 week high of $149.11. The firm has a market capitalization of $5.44 billion, a PE ratio of -113.62, a P/E/G ratio of 4.28 and a beta of 1.98.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share 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 company had revenue of $294.20 million for the quarter, compared to the consensus estimate of $290.51 million. During the same quarter in the prior year, the business posted $0.90 EPS. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, analysts anticipate that Synaptics Incorporated will post 1.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SYNA. Needham & Company LLC restated a “buy” rating and set a $120.00 target price on shares of Synaptics in a research report on Friday, May 8th. Barclays lifted their price objective on shares of Synaptics from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Mizuho set a $128.00 price objective on shares of Synaptics in a report on Friday, May 8th. Rosenblatt Securities upped their target price on shares of Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a report on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Synaptics has a consensus rating of “Moderate Buy” and a consensus target price of $124.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Synaptics by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock worth $5,780,000 after acquiring an additional 4,917 shares during the period. M&T Bank Corp acquired a new stake in shares of Synaptics in the 2nd quarter valued at about $205,000. First Trust Advisors LP raised its stake in shares of Synaptics by 9.8% in the 2nd quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock valued at $3,915,000 after purchasing an additional 5,393 shares during the period. Marshall Wace LLP lifted its holdings in shares of Synaptics by 472.1% in the second quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock valued at $5,801,000 after purchasing an additional 73,848 shares in the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of Synaptics by 9.1% in the second quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock valued at $1,514,000 after purchasing an additional 1,939 shares in the last quarter. Institutional investors and hedge funds own 99.43% of the company’s stock.

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.