Vanguard Group Inc. Sells 22,734 Shares of Synaptics Incorporated $SYNA

Vanguard Group Inc. decreased its stake in shares of Synaptics Incorporated (NASDAQ:SYNA) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,628,403 shares of the software maker’s stock after selling 22,734 shares during the period. Vanguard Group Inc. owned approximately 11.85% of Synaptics worth $316,305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. grew its stake in shares of Synaptics by 143.9% in the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Synaptics by 50.3% during the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after purchasing an additional 237 shares during the period. Lazard Asset Management LLC purchased a new stake in Synaptics in the second quarter worth approximately $54,000. Globeflex Capital L P bought a new stake in Synaptics in the 2nd quarter worth approximately $95,000. Finally, AlphaQuest LLC raised its stake in Synaptics by 52,540.0% during the 2nd quarter. AlphaQuest LLC now owns 2,632 shares of the software maker’s stock valued at $171,000 after buying an additional 2,627 shares during the last quarter. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Susquehanna increased their price target on shares of Synaptics from $95.00 to $105.00 and gave the stock a “positive” rating in a research report on Thursday, January 22nd. Barclays reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a report on Thursday, January 15th. Oppenheimer reissued a “market perform” rating on shares of Synaptics in a report on Tuesday, December 16th. Needham & Company LLC raised their price objective on Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Wells Fargo & Company boosted their price objective on Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Synaptics presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.91.

Synaptics Price Performance

Synaptics stock opened at $81.46 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of -51.23, a price-to-earnings-growth ratio of 3.09 and a beta of 1.72. The firm has a 50-day moving average of $83.56 and a two-hundred day moving average of $74.56. Synaptics Incorporated has a 1 year low of $41.80 and a 1 year high of $97.00.

Synaptics (NASDAQ:SYNA) last posted its quarterly 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 negative net margin of 5.41% and a positive return on equity of 4.77%. The firm had revenue of $302.50 million during the quarter, compared to the consensus estimate of $300.31 million. During the same quarter in the previous year, the firm posted $0.92 earnings per share. The company’s revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, research analysts forecast that Synaptics Incorporated will post 0.96 earnings per share for the current year.

Insider Buying and Selling at Synaptics

In related news, insider Lisa Bodensteiner sold 7,182 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total transaction of $565,079.76. Following the transaction, the insider directly owned 75,542 shares of the company’s stock, valued at $5,943,644.56. This represents a 8.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Vikram Gupta sold 772 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the transaction, the insider owned 95,996 shares in the company, valued at approximately $7,830,393.72. This trade represents a 0.80% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,026 shares of company stock worth $875,689. Insiders own 0.50% of the company’s stock.

Synaptics 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.