Synaptics Incorporated $SYNA Shares Bought by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp grew its position in Synaptics Incorporated (NASDAQ:SYNA) by 55.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,152 shares of the software maker’s stock after acquiring an additional 8,221 shares during the period. Texas Permanent School Fund Corp’s holdings in Synaptics were worth $1,501,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Quarry LP lifted its position in Synaptics by 220.0% in the first quarter. Quarry LP now owns 528 shares of the software maker’s stock valued at $34,000 after purchasing an additional 363 shares during the period. Fifth Third Bancorp raised its stake in shares of Synaptics by 443.1% during the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after buying an additional 514 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Synaptics by 480.3% in the 2nd quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after buying an additional 586 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Synaptics by 50.3% in the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after buying an additional 237 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in Synaptics by 408.2% during the second quarter. UMB Bank n.a. now owns 742 shares of the software maker’s stock worth $48,000 after acquiring an additional 596 shares during the period. 99.43% of the stock is owned by hedge funds and other institutional investors.

Synaptics Trading Down 1.4%

Shares of SYNA stock opened at $73.41 on Wednesday. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of -63.28, a PEG ratio of 3.12 and a beta of 1.76. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60. The firm has a 50-day moving average price of $70.42 and a 200 day moving average price of $68.38. Synaptics Incorporated has a twelve month low of $41.80 and a twelve month high of $89.81.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. The business had revenue of $292.50 million during the quarter, compared to the consensus estimate of $289.93 million. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 earnings per share. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. Research analysts forecast that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SYNA shares. Wells Fargo & Company assumed coverage on Synaptics in a report on Friday. They issued an “overweight” rating and a $95.00 target price for the company. Oppenheimer reiterated a “market perform” rating on shares of Synaptics in a report on Tuesday, December 16th. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Saturday. Rosenblatt Securities restated a “buy” rating and set a $95.00 target price on shares of Synaptics in a research report on Tuesday, November 11th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $88.67.

Insider Activity at Synaptics

In other Synaptics news, insider Vikram Gupta sold 694 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total value of $52,050.00. Following the completion of the transaction, the insider directly owned 100,082 shares in the company, valued at approximately $7,506,150. The trade was a 0.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Lisa Bodensteiner sold 336 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total value of $25,478.88. Following the sale, the insider owned 74,425 shares in the company, valued at $5,643,647.75. This trade represents a 0.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,906 shares of company stock valued at $698,177 over the last ninety days. 0.50% of the stock is owned by corporate insiders.

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.