Caxton Associates LLP Buys Shares of 5,146 Synaptics Incorporated $SYNA

Caxton Associates LLP purchased a new stake in Synaptics Incorporated (NASDAQ:SYNA) during the first quarter, according to its most recent filing with the SEC. The firm purchased 5,146 shares of the software maker’s stock, valued at approximately $360,000.

Several other large investors have also recently made changes to their positions in SYNA. Swiss National Bank boosted its position in Synaptics by 1.0% during the first quarter. Swiss National Bank now owns 77,100 shares of the software maker’s stock valued at $5,400,000 after purchasing an additional 800 shares in the last quarter. D.A. Davidson & CO. bought a new position in Synaptics in the first quarter worth about $1,336,000. Hillsdale Investment Management Inc. bought a new position in Synaptics in the first quarter worth about $266,000. State of Michigan Retirement System lifted its position in shares of Synaptics by 1.1% during the first quarter. State of Michigan Retirement System now owns 9,333 shares of the software maker’s stock valued at $654,000 after buying an additional 100 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Synaptics by 8.9% during the first quarter. Principal Financial Group Inc. now owns 92,037 shares of the software maker’s stock valued at $6,446,000 after buying an additional 7,529 shares during the last quarter. 99.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Synaptics

In other news, insider Esther Song sold 8,833 shares of Synaptics stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the sale, the insider directly owned 12,421 shares in the company, valued at approximately $1,753,472.57. The trade was a 41.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikram Gupta sold 692 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total transaction of $79,462.36. Following the sale, the insider directly owned 84,126 shares in the company, valued at $9,660,188.58. This trade represents a 0.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 11,649 shares of company stock worth $1,603,484. 0.50% of the stock is owned by corporate insiders.

Synaptics Price Performance

Shares of SYNA stock opened at $110.87 on Wednesday. Synaptics Incorporated has a fifty-two week low of $58.28 and a fifty-two week high of $149.11. 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 has a market capitalization of $4.28 billion, a price-to-earnings ratio of -89.41 and a beta of 1.97. The stock’s 50-day simple moving average is $129.18 and its 200-day simple moving average is $101.14.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, beating the consensus estimate of $1.01 by $0.08. The firm had revenue of $294.20 million during the quarter, compared to analyst estimates 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 was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, equities analysts forecast that Synaptics Incorporated will post 1.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SYNA shares. Needham & Company LLC downgraded shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Friday, June 26th. Wells Fargo & Company increased their target price 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. TD Cowen downgraded shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Friday, June 26th. Deutsche Bank Aktiengesellschaft downgraded Synaptics from a “buy” rating to a “hold” rating and set a $125.00 price target on the stock. in a research report on Monday, June 29th. Finally, Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Synaptics currently has a consensus 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.