Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells 334 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 334 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $74.83, for a total transaction of $24,993.22. Following the transaction, the insider owned 71,191 shares in the company, valued at $5,327,222.53. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Lisa Bodensteiner also recently made the following trade(s):

• On Wednesday, February 18th, Lisa Bodensteiner sold 576 shares of Synaptics stock. The stock was sold at an average price of $84.93, for a total transaction of $48,919.68.
• On Thursday, December 18th, Lisa Bodensteiner sold 336 shares of Synaptics stock. The shares were sold at an average price of $75.83, for a total transaction of $25,478.88.

Synaptics Trading Down 3.0%

NASDAQ:SYNA traded down $2.20 during trading hours on Wednesday, reaching $72.36. The company’s stock had a trading volume of 943,906 shares, compared to its average volume of 666,258. 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 firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of -45.51, a PEG ratio of 3.02 and a beta of 1.68. The firm has a 50-day simple moving average of $83.28 and a 200-day simple moving average of $75.16. Synaptics Incorporated has a 1 year low of $41.80 and a 1 year high of $97.00.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.06. The business had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The company’s revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Research analysts expect that Synaptics Incorporated will post 0.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SYNA shares. Barclays reaffirmed an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a research note on Thursday, January 15th. Oppenheimer reissued 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 report on Saturday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research note on Thursday, January 22nd. Finally, Northland Securities raised their target price on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Monday, December 29th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Synaptics has an average rating of “Moderate Buy” and an average target price of $99.91.

Institutional Investors Weigh In On Synaptics

Large investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its stake in Synaptics by 469.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock worth $60,304,000 after purchasing an additional 671,647 shares during the period. Ameriprise Financial Inc. lifted its position in Synaptics by 10.0% during the third quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after buying an additional 594,235 shares during the period. Norges Bank bought a new stake in shares of Synaptics during the 2nd quarter valued at $25,876,000. AQR Capital Management LLC boosted its holdings in shares of Synaptics by 186.2% during the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock valued at $28,744,000 after buying an additional 288,523 shares in the last quarter. Finally, Primecap Management Co. CA purchased a new stake in shares of Synaptics in the 4th quarter worth about $15,670,000. Institutional investors own 99.43% of the company’s stock.

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.