Synaptics (NASDAQ:SYNA) Insider Lisa Bodensteiner Sells 1,798 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 1,798 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $81.87, for a total value of $147,202.26. Following the completion of the transaction, the insider directly owned 65,183 shares of the company’s stock, valued at approximately $5,336,532.21. The trade was a 2.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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.

Lisa Bodensteiner also recently made the following trade(s):

• On Wednesday, March 18th, Lisa Bodensteiner sold 334 shares of Synaptics stock. The stock was sold at an average price of $74.83, for a total value of $24,993.22.
• On Wednesday, February 18th, Lisa Bodensteiner sold 576 shares of Synaptics stock. The stock was sold at an average price of $84.93, for a total value of $48,919.68.

Synaptics Trading Up 4.5%

NASDAQ:SYNA opened at $86.83 on Wednesday. Synaptics Incorporated has a 1 year low of $48.97 and a 1 year high of $97.00. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of -54.61, a PEG ratio of 3.15 and a beta of 1.71. The business has a fifty day moving average of $77.65 and a 200-day moving average of $75.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.06. The business had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The company’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities analysts predict that Synaptics Incorporated will post 1.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Mizuho upped their price objective on Synaptics from $94.00 to $103.00 and gave the company an “outperform” rating in a report on Friday, February 6th. TD Cowen restated a “buy” rating on shares of Synaptics in a report on Friday, February 6th. Barclays restated an “overweight” rating and issued a $100.00 price objective on shares of Synaptics in a report on Thursday, January 15th. Northland Securities upped their price objective on Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Monday, December 29th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.91.

Institutional Investors Weigh In On Synaptics

Several hedge funds have recently modified their holdings of SYNA. Price T Rowe Associates Inc. MD grew its position in Synaptics by 469.6% during 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 purchasing an additional 671,647 shares in the last quarter. Ameriprise Financial Inc. grew its position in Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after purchasing an additional 594,235 shares in the last quarter. AQR Capital Management LLC grew its position in Synaptics by 186.2% during the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after purchasing an additional 288,523 shares in the last quarter. Primecap Management Co. CA purchased a new position in Synaptics during the 4th quarter worth approximately $15,670,000. Finally, JPMorgan Chase & Co. lifted its stake in Synaptics by 51.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock worth $37,243,000 after acquiring an additional 184,303 shares in the last quarter. 99.43% of the stock is owned by hedge funds and other institutional investors.

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.