Synaptics (NASDAQ:SYNA) Insider Sells $70,275.96 in Stock

Synaptics Incorporated (NASDAQ:SYNAGet Free Report) insider Lisa Bodensteiner sold 612 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total value of $70,275.96. Following the sale, the insider owned 63,106 shares of the company’s stock, valued at approximately $7,246,461.98. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The shares were sold at an average price of $81.87, for a total value of $147,202.26.
  • On Wednesday, March 18th, Lisa Bodensteiner sold 334 shares of Synaptics stock. The shares were sold at an average price of $74.83, for a total value of $24,993.22.

Synaptics Stock Performance

NASDAQ:SYNA opened at $143.69 on Friday. The stock has a 50-day simple moving average of $90.30 and a two-hundred day simple moving average of $82.20. Synaptics Incorporated has a 52-week low of $57.54 and a 52-week high of $144.23. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. The firm has a market capitalization of $5.55 billion, a PE ratio of -115.88, a P/E/G ratio of 4.24 and a beta of 1.86.

Synaptics (NASDAQ:SYNAGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company posted $0.90 earnings per share. Synaptics’s revenue for the quarter was up 10.4% on a year-over-year basis. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Analysts forecast that Synaptics Incorporated will post 1.3 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on SYNA. Craig Hallum reissued a “hold” rating and set a $95.00 price target on shares of Synaptics in a report on Friday, May 8th. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. boosted their price target on Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Rosenblatt Securities boosted their price target on Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Mizuho set a $128.00 price target on Synaptics in a report on Friday, May 8th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.18.

Check Out Our Latest Stock Analysis on SYNA

Hedge Funds Weigh In On Synaptics

A number of hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC boosted its stake in shares of Synaptics by 21.3% in the first quarter. Segall Bryant & Hamill LLC now owns 333,602 shares of the software maker’s stock worth $23,365,000 after acquiring an additional 58,509 shares during the period. California State Teachers Retirement System boosted its stake in shares of Synaptics by 24.4% in the first quarter. California State Teachers Retirement System now owns 45,791 shares of the software maker’s stock worth $3,207,000 after acquiring an additional 8,978 shares during the period. Royal Bank of Canada boosted its stake in shares of Synaptics by 337.0% in the first quarter. Royal Bank of Canada now owns 24,939 shares of the software maker’s stock worth $1,747,000 after acquiring an additional 19,232 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Synaptics by 2,384.4% in the first quarter. The Manufacturers Life Insurance Company now owns 939,182 shares of the software maker’s stock worth $65,780,000 after acquiring an additional 901,379 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in shares of Synaptics by 16.6% in the first quarter. Quantinno Capital Management LP now owns 13,390 shares of the software maker’s stock worth $938,000 after acquiring an additional 1,903 shares during the period. Institutional investors own 99.43% of the company’s stock.

Synaptics Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Synaptics (NASDAQ:SYNA)

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