Synaptics (NASDAQ:SYNA) Insider Sells $62,972.04 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 772 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total value of $62,972.04. Following the sale, the insider directly owned 95,996 shares in the company, valued at approximately $7,830,393.72. This trade represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 transaction of $65,620.00.
• On Wednesday, December 17th, Vikram Gupta sold 694 shares of Synaptics stock. The stock was sold at an average price of $75.00, for a total value of $52,050.00.
• On Friday, December 12th, Vikram Gupta sold 694 shares of Synaptics stock. The shares were sold at an average price of $80.07, for a total value of $55,568.58.

Synaptics Stock Performance

SYNA opened at $81.46 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. The company has a market cap of $3.15 billion, a price-to-earnings ratio of -51.23, a PEG ratio of 3.09 and a beta of 1.72. Synaptics Incorporated has a 52-week low of $41.80 and a 52-week high of $97.00. The firm’s fifty day simple moving average is $83.56 and its two-hundred day simple moving average is $74.56.

Synaptics (NASDAQ:SYNA) last released its earnings results 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. 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 the consensus estimate of $300.31 million. During the same quarter last year, the business posted $0.92 earnings per share. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities analysts anticipate that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its stake 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 buying an additional 594,235 shares during the last quarter. State Street Corp boosted its holdings in shares of Synaptics by 0.5% in the second quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock valued at $132,181,000 after acquiring an additional 9,335 shares during the period. Orbis Allan Gray Ltd grew its position in shares of Synaptics by 9.9% during the fourth quarter. Orbis Allan Gray Ltd now owns 1,536,228 shares of the software maker’s stock worth $113,712,000 after acquiring an additional 137,926 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Synaptics by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 1,000,456 shares of the software maker’s stock worth $74,066,000 after acquiring an additional 17,088 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in Synaptics by 469.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock valued at $60,304,000 after purchasing an additional 671,647 shares during the last quarter. 99.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SYNA. Oppenheimer restated a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Needham & Company LLC boosted their price objective on shares of Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a report on Friday, February 6th. Wells Fargo & Company upped their target price on shares of Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. TD Cowen reiterated a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. 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 stock. According to MarketBeat.com, Synaptics currently has a consensus rating of “Moderate Buy” and an average target price of $99.91.

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.