Dean Capital Management Takes Position in Synaptics Incorporated $SYNA

Dean Capital Management bought a new stake in shares of Synaptics Incorporated (NASDAQ:SYNAFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 24,218 shares of the software maker’s stock, valued at approximately $1,655,000.

A number of other institutional investors have also recently added to or reduced their stakes in SYNA. Hantz Financial Services Inc. increased its holdings in Synaptics by 143.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock valued at $41,000 after purchasing an additional 351 shares in the last quarter. Optiver Holding B.V. lifted its stake in shares of Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after purchasing an additional 170 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Synaptics during the second quarter worth about $54,000. Globeflex Capital L P purchased a new stake in shares of Synaptics in the second quarter worth about $95,000. Finally, M&T Bank Corp purchased a new stake in shares of Synaptics in the second quarter worth about $205,000. 99.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SYNA has been the topic of several analyst reports. Craig Hallum reiterated a “hold” rating and set a $80.00 target price on shares of Synaptics in a report on Friday, February 6th. Barclays restated an “overweight” rating and issued a $100.00 price target on shares of Synaptics in a report on Thursday, January 15th. Mizuho increased their price objective on shares of Synaptics from $94.00 to $103.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Susquehanna lifted their price objective on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen downgraded shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Saturday. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Synaptics has a consensus rating of “Moderate Buy” and an average target price of $99.91.

Get Our Latest Stock Report on SYNA

Synaptics Trading Down 0.7%

NASDAQ:SYNA opened at $73.87 on Monday. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of -46.46, a price-to-earnings-growth ratio of 2.99 and a beta of 1.68. Synaptics Incorporated has a one year low of $41.80 and a one year high of $97.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. The business’s 50-day simple moving average is $83.83 and its 200 day simple moving average is $75.12.

Synaptics (NASDAQ:SYNAGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. During the same quarter last year, the firm earned $0.92 EPS. Synaptics’s quarterly revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, sell-side analysts predict that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Lisa Bodensteiner sold 576 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total value of $48,919.68. Following the sale, the insider directly owned 72,307 shares of the company’s stock, valued at $6,141,033.51. This represents a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Vikram Gupta sold 772 shares of the stock in a transaction on 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 $7,830,393.72. This trade represents a 0.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,150 shares of company stock valued at $255,041 in the last three months. Corporate insiders own 0.50% of the company’s stock.

About Synaptics

(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.

See Also

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Institutional Ownership by Quarter for Synaptics (NASDAQ:SYNA)

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