Vikram Gupta Sells 360 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 360 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $114.20, for a total transaction of $41,112.00. Following the transaction, the insider owned 81,226 shares in the company, valued at approximately $9,276,009.20. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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

NASDAQ SYNA opened at $103.64 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. The firm’s 50 day moving average price is $128.66 and its 200-day moving average price is $101.29. Synaptics Incorporated has a 52-week low of $58.28 and a 52-week high of $149.11. The company has a market cap of $4.00 billion, a PE ratio of -83.58 and a beta of 1.97.

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. The company had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. Synaptics’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.90 earnings per share. 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 Trading of Synaptics

Institutional investors have recently made changes to their positions in the business. Handelsbanken Fonder AB boosted its position in shares of Synaptics by 34.2% in the 2nd quarter. Handelsbanken Fonder AB now owns 19,637 shares of the software maker’s stock worth $2,440,000 after purchasing an additional 5,000 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Synaptics in the second quarter valued at about $1,428,000. PensionDanmark Pensionsforsikringsaktieselskab purchased a new stake in Synaptics in the second quarter valued at about $994,000. CoreCap Advisors LLC purchased a new stake in Synaptics in the second quarter valued at about $25,000. Finally, Segall Bryant & Hamill LLC boosted its holdings in Synaptics by 21.3% in the first quarter. Segall Bryant & Hamill LLC now owns 333,602 shares of the software maker’s stock worth $23,365,000 after acquiring an additional 58,509 shares in the last quarter. Institutional investors and hedge funds own 99.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Susquehanna reduced their price target on Synaptics from $140.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Barclays reiterated an “equal weight” rating and issued a $135.00 target price (up from $110.00) on shares of Synaptics in a research note on Friday, June 26th. Rosenblatt Securities downgraded shares of Synaptics from a “buy” rating to a “hold” rating and reduced their target price for the stock from $180.00 to $160.00 in a report on Friday, June 26th. Wells Fargo & Company increased their price target on shares of Synaptics from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Finally, Mizuho raised their price target on shares of Synaptics from $128.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $133.45.

Synaptics Company Profile

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.