Synaptics (NASDAQ:SYNA) Insider Vikram Gupta Sells 1,548 Shares

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 1,548 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $92.90, for a total transaction of $143,809.20. Following the completion of the transaction, the insider directly owned 87,382 shares of the company’s stock, valued at $8,117,787.80. This represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 20th, Vikram Gupta sold 1,548 shares of Synaptics stock. The stock was sold at an average price of $80.95, for a total transaction of $125,310.60.
• On Wednesday, February 25th, Vikram Gupta sold 772 shares of Synaptics stock. The stock was 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 stock was sold at an average price of $85.00, for a total transaction of $65,620.00.

Synaptics Trading Down 6.4%

Synaptics stock traded down $5.86 during midday trading on Tuesday, reaching $85.88. The stock had a trading volume of 402,360 shares, compared to its average volume of 767,783. The firm’s fifty day simple moving average is $77.46 and its two-hundred day simple moving average is $76.58. Synaptics Incorporated has a twelve month low of $53.17 and a twelve month high of $97.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of -53.98, a PEG ratio of 3.56 and a beta of 1.71.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The firm had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. During the same quarter last year, the business posted $0.92 EPS. The company’s revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities analysts anticipate that Synaptics Incorporated will post 1.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SYNA has been the subject of a number of research analyst reports. Rosenblatt Securities increased their target price on shares of Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Zacks Research downgraded shares of Synaptics from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Susquehanna increased their target price on shares of Synaptics from $95.00 to $105.00 and gave the stock a “positive” rating in a research report on Thursday, January 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research report on Tuesday, April 21st. Finally, Wall Street Zen downgraded shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Ten analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $99.91.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. raised its holdings in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after purchasing an additional 594,235 shares in the last quarter. State Street Corp raised its holdings in shares of Synaptics by 0.5% during the 2nd quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock valued at $132,181,000 after purchasing an additional 9,335 shares in the last quarter. Orbis Allan Gray Ltd raised its holdings in shares of Synaptics by 9.9% during the 4th quarter. Orbis Allan Gray Ltd now owns 1,536,228 shares of the software maker’s stock valued at $113,712,000 after purchasing an additional 137,926 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Synaptics by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,000,456 shares of the software maker’s stock valued at $74,066,000 after purchasing an additional 17,088 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Synaptics by 469.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock valued at $60,304,000 after purchasing an additional 671,647 shares in the last quarter. 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.