Synaptics Incorporated $SYNA Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 32.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,776 shares of the software maker’s stock after selling 4,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Synaptics were worth $724,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its position 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 acquiring an additional 351 shares during the period. Optiver Holding B.V. increased its holdings in shares of Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after buying an additional 170 shares in the last quarter. Lazard Asset Management LLC purchased a new position in shares of Synaptics during the second quarter valued at $54,000. Globeflex Capital L P purchased a new position in shares of Synaptics during the second quarter valued at $95,000. Finally, GAMMA Investing LLC grew its holdings in shares of Synaptics by 21.9% during the fourth quarter. GAMMA Investing LLC now owns 1,414 shares of the software maker’s stock valued at $105,000 after buying an additional 254 shares in the last quarter. 99.43% of the stock is currently owned by institutional investors and hedge funds.

Synaptics Stock Performance

Shares of NASDAQ:SYNA opened at $128.23 on Monday. The stock has a market capitalization of $4.95 billion, a PE ratio of -103.41, a P/E/G ratio of 4.42 and a beta of 1.86. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62. Synaptics Incorporated has a 1 year low of $57.54 and a 1 year high of $134.27. The firm has a fifty day moving average price of $84.78 and a 200 day moving average price of $80.20.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $294.20 million during the quarter, compared to analyst estimates of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Analysts expect that Synaptics Incorporated will post 1.21 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on SYNA shares. Mizuho set a $128.00 price target on Synaptics in a report on Friday, May 8th. Barclays boosted their price target on shares of Synaptics from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Craig Hallum restated a “hold” rating and set a $95.00 price target on shares of Synaptics in a report on Friday, May 8th. Susquehanna boosted their price target on shares of Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a report on Friday, May 8th. Finally, Northland Securities set a $123.00 price target on shares of Synaptics in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.18.

Insiders Place Their Bets

In other news, insider Vikram Gupta sold 1,548 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $92.90, for a total transaction of $143,809.20. Following the completion of the transaction, the insider owned 87,382 shares of the company’s stock, valued at approximately $8,117,787.80. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26. Following the completion of the transaction, the insider directly owned 65,183 shares of the company’s stock, valued at $5,336,532.21. This trade represents a 2.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 7,348 shares of company stock valued at $618,827. Company insiders own 0.50% of the company’s stock.

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.