Synaptics (NASDAQ:SYNA) Insider Lisa Bodensteiner Sells 576 Shares

Synaptics Incorporated (NASDAQ:SYNAGet Free Report) insider Lisa Bodensteiner sold 576 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total transaction of $48,919.68. Following the transaction, the insider directly owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This trade represents a 0.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • 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 value of $25,478.88.
  • On Tuesday, December 9th, Lisa Bodensteiner sold 7,182 shares of Synaptics stock. The stock was sold at an average price of $78.68, for a total value of $565,079.76.

Synaptics Stock Performance

NASDAQ SYNA opened at $84.76 on Thursday. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. Synaptics Incorporated has a fifty-two week low of $41.80 and a fifty-two week high of $97.00. The business has a fifty day moving average of $82.65 and a 200-day moving average of $73.66. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of -53.31, a price-to-earnings-growth ratio of 3.24 and a beta of 1.72.

Synaptics (NASDAQ:SYNAGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06. The firm had revenue of $302.50 million during 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%.The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, analysts predict that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Synaptics

A number of large investors have recently modified their holdings of the company. Nordea Investment Management AB bought a new position in shares of Synaptics during the second quarter worth about $6,991,000. SG Americas Securities LLC boosted its stake in Synaptics by 632.6% during the 3rd quarter. SG Americas Securities LLC now owns 31,485 shares of the software maker’s stock valued at $2,152,000 after purchasing an additional 27,187 shares during the period. Norges Bank bought a new position in Synaptics in the 2nd quarter worth about $25,876,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Synaptics in the second quarter valued at approximately $750,000. Finally, Icon Advisers Inc. Co. bought a new stake in Synaptics during the 2nd quarter valued at $1,381,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SYNA. Wall Street Zen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. Mizuho upped their target price on Synaptics from $94.00 to $103.00 and gave the company an “outperform” 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. Finally, Barclays reissued an “overweight” rating and issued a $100.00 price target on shares of Synaptics in a research note on Thursday, January 15th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Synaptics presently has an average rating of “Moderate Buy” and a consensus price target of $99.91.

View Our Latest Report on Synaptics

About Synaptics

(Get Free Report)

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.

Further Reading

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