Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells $147,202.26 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 1,798 shares of the company’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26. Following the completion of the transaction, the insider directly owned 65,183 shares in the company, valued at $5,336,532.21. This trade represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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.

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

• On Wednesday, March 18th, Lisa Bodensteiner sold 334 shares of Synaptics stock. The shares were sold at an average price of $74.83, for a total value of $24,993.22.
• 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.

Synaptics Price Performance

NASDAQ SYNA opened at $84.95 on Friday. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60. Synaptics Incorporated has a 1 year low of $53.17 and a 1 year high of $97.00. The company has a fifty day simple moving average of $77.38 and a 200 day simple moving average of $76.10. The company has a market cap of $3.29 billion, a P/E ratio of -53.43, a P/E/G ratio of 3.21 and a beta of 1.71.

Synaptics (NASDAQ:SYNA) last issued 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. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The company had revenue of $302.50 million for the quarter, compared to the consensus estimate of $300.31 million. During the same period last year, the business posted $0.92 earnings per share. The firm’s revenue was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, sell-side analysts predict that Synaptics Incorporated will post 1.18 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on SYNA shares. Rosenblatt Securities upped their target price on shares of Synaptics from $95.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Wells Fargo & Company increased their price objective on Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. raised their price objective on shares of Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research report on Tuesday. Finally, Craig Hallum reissued a “hold” rating and issued a $80.00 target price on shares of Synaptics in a research note on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $99.91.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its holdings in Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after purchasing an additional 190 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Synaptics by 143.9% in the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock valued at $41,000 after acquiring an additional 351 shares during the last quarter. Optiver Holding B.V. raised its holdings in shares of Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares in the last quarter. Leonteq Securities AG bought a new position in shares of Synaptics in the fourth quarter worth about $43,000. Finally, Lazard Asset Management LLC acquired a new stake in Synaptics in the second quarter valued at approximately $54,000. Institutional investors own 99.43% of the company’s stock.

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.