Lisa Bodensteiner Sells 612 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 612 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total value of $70,275.96. Following the transaction, the insider owned 63,106 shares of the company’s stock, valued at approximately $7,246,461.98. This trade represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The shares were sold at an average price of $81.87, for a total value of $147,202.26.
• 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.

Synaptics Trading Up 1.9%

Shares of NASDAQ:SYNA opened at $132.33 on Friday. The stock has a 50 day moving average of $88.96 and a 200 day moving average of $81.76. The company has a market cap of $5.11 billion, a PE ratio of -106.72, a price-to-earnings-growth ratio of 4.16 and a beta of 1.86. 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 Incorporated has a 12-month low of $57.54 and a 12-month high of $134.84.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The business had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. During the same period in the prior year, the company posted $0.90 EPS. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, equities research analysts expect that Synaptics Incorporated will post 1.3 EPS for the current year.

More Synaptics News

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Rosenblatt Securities raised its price target on Synaptics to $180 from $125 and kept a buy rating, signaling significant upside potential for Synaptics Incorporated (NASDAQ: SYNA). Benzinga article
• Positive Sentiment: Synaptics is being highlighted for new optical fingerprint technology, which could strengthen its biometrics business and expand its role in smartphone hardware. Mashable article
• Positive Sentiment: Recent earnings were solid, with Synaptics beating EPS and revenue estimates and posting year-over-year revenue growth, reinforcing the case that business momentum remains strong. MarketBeat report

Wall Street Analyst Weigh In

SYNA has been the subject of several recent analyst reports. TD Cowen restated a “buy” rating on shares of Synaptics in a research note on Friday, February 6th. Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Synaptics in a research note on Friday, May 8th. Mizuho set a $128.00 price target on Synaptics in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their price target on Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $119.18.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SYNA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Synaptics by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock valued at $5,780,000 after acquiring an additional 4,917 shares during the last quarter. M&T Bank Corp bought a new position in shares of Synaptics during the 2nd quarter valued at approximately $205,000. First Trust Advisors LP boosted its position in shares of Synaptics by 9.8% during the 2nd quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock valued at $3,915,000 after acquiring an additional 5,393 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Synaptics by 472.1% during the 2nd quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock valued at $5,801,000 after acquiring an additional 73,848 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Synaptics by 9.1% during the 2nd quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock valued at $1,514,000 after acquiring an additional 1,939 shares during the last quarter. 99.43% of the stock is currently owned by institutional investors.

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.