Hsbc Holdings PLC increased its position in shares of Synaptics Incorporated (NASDAQ:SYNA – Free Report) by 115.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 110,101 shares of the software maker’s stock after buying an additional 58,900 shares during the quarter. Hsbc Holdings PLC’s holdings in Synaptics were worth $8,219,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its position in Synaptics by 119.5% in the fourth 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 period. Optiver Holding B.V. raised its position in 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 purchasing an additional 170 shares during the period. Leonteq Securities AG purchased a new stake in Synaptics in the fourth quarter valued at $43,000. Lazard Asset Management LLC acquired a new position in shares of Synaptics in the 2nd quarter valued at $54,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Synaptics in the 4th quarter valued at $70,000. 99.43% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on SYNA. Needham & Company LLC downgraded Synaptics from a “buy” rating to a “hold” rating in a research report on Friday. Craig Hallum reaffirmed a “hold” rating and issued a $145.00 target price on shares of Synaptics in a research report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $125.00 target price on shares of Synaptics in a research note on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on shares of Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Wells Fargo & Company increased their price objective on shares of Synaptics from $155.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Synaptics presently has a consensus rating of “Hold” and an average target price of $131.00.
Synaptics Price Performance
SYNA opened at $121.00 on Friday. The stock’s 50-day moving average price is $121.96 and its 200 day moving average price is $94.32. Synaptics Incorporated has a 12-month low of $58.28 and a 12-month high of $149.11. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of -97.58, a PEG ratio of 4.02 and a beta of 1.98. 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 (NASDAQ:SYNA – Get Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.08. The company had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.Synaptics’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, sell-side analysts expect that Synaptics Incorporated will post 1.3 earnings per share for the current year.
Insider Activity
In other Synaptics news, insider Lisa Bodensteiner sold 1,798 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $81.87, for a total transaction of $147,202.26. Following the sale, the insider directly owned 65,183 shares in the company, valued at $5,336,532.21. This represents a 2.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 1,548 shares of the firm’s stock in a transaction that occurred on 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 directly owned 87,382 shares of the company’s stock, valued at $8,117,787.80. This represents a 1.74% 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. Over the last quarter, insiders sold 16,183 shares of company stock valued at $1,978,694. 0.50% of the stock is currently owned by company insiders.
Trending Headlines about Synaptics
Here are the key news stories impacting Synaptics this week:
- Positive Sentiment: onsemi’s announced acquisition of Synaptics is boosting investor attention and lifting the stock on the prospect of a takeover premium and strategic value in physical AI. Reuters article
- Positive Sentiment: Wells Fargo raised its price target on Synaptics to $160 from $155 and reiterated an overweight rating, signaling confidence in further upside from current levels. Benzinga article
- Neutral Sentiment: Rosenblatt maintained a neutral rating while trimming its price target to $160 from $180, suggesting analysts still see value but are more cautious after the deal announcement. Benzinga article
- Neutral Sentiment: Several law firms have launched shareholder investigations into whether the acquisition delivers a fair price, which could create headline risk but does not change the deal terms yet. PR Newswire article
- Negative Sentiment: Needham downgraded Synaptics from buy to hold, reflecting concern that much of the near-term upside may already be captured following the takeover announcement. Benzinga/The Fly article
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.
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