Dean Capital Management Sells 7,793 Shares of Synaptics Incorporated $SYNA

Dean Capital Management cut its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 50.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 7,720 shares of the software maker’s stock after selling 7,793 shares during the quarter. Dean Capital Management’s holdings in Synaptics were worth $541,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. CIBC Private Wealth Group LLC boosted its position in Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after acquiring an additional 190 shares during the last quarter. Leonteq Securities AG bought a new position in shares of Synaptics during the 4th quarter worth approximately $43,000. Lazard Asset Management LLC bought a new stake in shares of Synaptics in the second quarter worth $54,000. Kemnay Advisory Services Inc. acquired a new position in Synaptics during the fourth quarter worth $70,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Synaptics by 21.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,119 shares of the software maker’s stock worth $83,000 after purchasing an additional 200 shares during the last quarter. 99.43% of the stock is currently owned by institutional investors.

Insider Transactions at Synaptics

In other news, insider Lisa Bodensteiner sold 334 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $138.28, for a total value of $46,185.52. Following the transaction, the insider owned 61,989 shares of the company’s stock, valued at approximately $8,571,838.92. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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. Also, insider Vikram Gupta sold 692 shares of Synaptics stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $147.50, for a total value of $102,070.00. Following the sale, the insider directly owned 83,434 shares of the company’s stock, valued at approximately $12,306,515. The trade was a 0.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,289 shares of company stock worth $1,562,372 over the last quarter. Company insiders own 0.50% of the company’s stock.

Synaptics Stock Performance

NASDAQ SYNA opened at $113.00 on Monday. The stock has a market cap of $4.37 billion, a PE ratio of -91.13 and a beta of 1.97. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. The firm has a 50-day moving average of $129.49 and a 200-day moving average of $100.74. Synaptics Incorporated has a 52-week low of $58.28 and a 52-week high of $149.11.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $294.20 million for 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%. Synaptics’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, sell-side analysts anticipate that Synaptics Incorporated will post 1.29 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on SYNA. TD Cowen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Friday, June 26th. Northland Securities downgraded Synaptics from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Rosenblatt Securities cut Synaptics from a “buy” rating to a “hold” rating and reduced their price target for the company from $180.00 to $160.00 in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft downgraded Synaptics from a “buy” rating to a “hold” rating and set a $125.00 price target for the company. in a research note on Monday, June 29th. Finally, Barclays reaffirmed an “equal weight” rating and set a $135.00 price target (up from $110.00) on shares of Synaptics in a research report on Friday, June 26th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Synaptics has a consensus rating of “Hold” and a consensus target price of $133.45.

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.