Nordea Investment Management AB Sells 15,780 Shares of Synaptics Incorporated $SYNA

Nordea Investment Management AB lessened its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 14.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 94,588 shares of the software maker’s stock after selling 15,780 shares during the quarter. Nordea Investment Management AB’s holdings in Synaptics were worth $7,048,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Optiver Holding B.V. grew its position in 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 buying an additional 170 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Synaptics by 143.9% in the 3rd 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. Lazard Asset Management LLC purchased a new stake in shares of Synaptics in the 2nd quarter valued at about $54,000. GAMMA Investing LLC boosted its position in shares of Synaptics by 21.9% during the 4th quarter. GAMMA Investing LLC now owns 1,414 shares of the software maker’s stock valued at $105,000 after acquiring an additional 254 shares during the last quarter. Finally, Globeflex Capital L P bought a new stake in shares of Synaptics during the 2nd quarter valued at about $95,000. Institutional investors own 99.43% of the company’s stock.

Synaptics Price Performance

SYNA opened at $74.96 on Thursday. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2.90 billion, a P/E ratio of -47.14, a PEG ratio of 3.08 and a beta of 1.68. The stock has a 50-day moving average price of $82.11 and a 200-day moving average price of $75.32. Synaptics Incorporated has a 12-month low of $41.80 and a 12-month high of $97.00.

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 analysts’ consensus estimates of $1.15 by $0.06. The company had revenue of $302.50 million for the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.Synaptics’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the firm posted $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities analysts predict that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other 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 completion of the sale, the insider owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This represents a 0.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 directly owned 95,996 shares in the company, valued at approximately $7,830,393.72. This represents a 0.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,454 shares of company stock worth $202,505 over the last quarter. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

SYNA has been the subject of several recent analyst reports. Craig Hallum reissued a “hold” rating and set a $80.00 price objective on shares of Synaptics in a report on Friday, February 6th. Needham & Company LLC raised their target price on shares of Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Northland Securities increased their price target on shares of Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Monday, December 29th. Ten 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’s stock. According to data from MarketBeat, Synaptics presently has an average rating of “Moderate Buy” and an average price target of $99.91.

Synaptics Company 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.