Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells $125,310.60 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 1,548 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $80.95, for a total transaction of $125,310.60. Following the transaction, the insider directly owned 88,930 shares in the company, valued at approximately $7,198,883.50. This represents a 1.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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.

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

• On Wednesday, February 25th, Vikram Gupta sold 772 shares of Synaptics stock. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04.
• On Wednesday, February 18th, Vikram Gupta sold 772 shares of Synaptics stock. The shares were sold at an average price of $85.00, for a total transaction of $65,620.00.

Synaptics Trading Up 0.3%

SYNA stock opened at $84.95 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. The company has a market cap of $3.29 billion, a price-to-earnings ratio of -53.43, a PEG ratio of 3.21 and a beta of 1.71. The business has a fifty day simple moving average of $77.38 and a 200-day simple moving average of $76.10. Synaptics Incorporated has a 52 week low of $53.17 and a 52 week high of $97.00.

Synaptics (NASDAQ:SYNA) last issued its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $302.50 million for the quarter, compared to analysts’ expectations of $300.31 million. During the same quarter last year, the firm earned $0.92 earnings per share. The firm’s revenue for the quarter 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, equities research analysts expect that Synaptics Incorporated will post 1.18 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in 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 purchasing an additional 4,917 shares in the last quarter. M&T Bank Corp bought a new stake in shares of Synaptics in the second quarter worth $205,000. First Trust Advisors LP raised its holdings in Synaptics by 9.8% in the second 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 in the last quarter. Marshall Wace LLP grew its holdings in Synaptics by 472.1% during the 2nd quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock worth $5,801,000 after acquiring an additional 73,848 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in shares of Synaptics by 9.1% during the second quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock worth $1,514,000 after purchasing an additional 1,939 shares during the last quarter. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Barclays reissued an “overweight” rating and set a $100.00 target price on shares of Synaptics in a research report on Thursday, January 15th. Craig Hallum reiterated a “hold” rating and issued a $80.00 price target on shares of Synaptics in a report on Friday, February 6th. TD Cowen reissued a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Rosenblatt Securities boosted their price objective on Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research report on Tuesday. Ten investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Synaptics has a consensus rating of “Moderate Buy” and a consensus target price of $99.91.

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.