Synaptics (NASDAQ:SYNA) Insider Sells $41,112.00 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 360 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $114.20, for a total value of $41,112.00. Following the sale, the insider directly owned 81,226 shares in the company, valued at $9,276,009.20. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vikram Gupta also recently made the following trade(s):

• On Tuesday, May 26th, Vikram Gupta sold 692 shares of Synaptics stock. The shares were sold at an average price of $147.50, for a total transaction of $102,070.00.
• On Tuesday, May 19th, Vikram Gupta sold 692 shares of Synaptics stock. The stock was sold at an average price of $114.83, for a total transaction of $79,462.36.

Synaptics Price Performance

Synaptics stock opened at $108.85 on Friday. The company has a market cap of $4.21 billion, a price-to-earnings ratio of -87.78 and a beta of 1.97. The firm’s fifty day moving average is $128.19 and its 200 day moving average is $101.48. The company has a quick ratio of 2.39, a current ratio of 3.04 and a debt-to-equity ratio of 0.62. Synaptics Incorporated has a 52-week low of $58.28 and a 52-week high of $149.11.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The business had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. During the same period last year, the company posted $0.90 EPS. The business’s revenue was up 10.4% on a year-over-year basis. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Sell-side analysts forecast that Synaptics Incorporated will post 1.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Synaptics

Hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC bought a new position in shares of Synaptics during the 2nd quarter worth $25,000. CIBC Private Wealth Group LLC raised its holdings in shares of Synaptics by 119.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Leonteq Securities AG purchased a new stake in Synaptics in the fourth quarter worth about $43,000. Lazard Asset Management LLC purchased a new stake in Synaptics in the second quarter worth about $54,000. Finally, Kemnay Advisory Services Inc. bought a new position in Synaptics during the 4th quarter worth about $70,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SYNA shares. Susquehanna decreased their price objective on Synaptics from $140.00 to $125.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Needham & Company LLC cut Synaptics from a “buy” rating to a “hold” rating in a report on Friday, June 26th. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Rosenblatt Securities lowered Synaptics from a “buy” rating to a “hold” rating and decreased their price target for the company from $180.00 to $160.00 in a report on Friday, June 26th. Finally, Craig Hallum reaffirmed a “hold” rating and set a $145.00 price objective on shares of Synaptics in a research note on Friday, June 26th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $133.45.

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.