Synaptics (NASDAQ:SYNA) Insider Vikram Gupta Sells 692 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 692 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total value of $79,462.36. Following the completion of the transaction, the insider owned 84,126 shares of the company’s stock, valued at $9,660,188.58. The trade was a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 27th, Vikram Gupta sold 1,548 shares of Synaptics stock. The stock was sold at an average price of $92.90, for a total value of $143,809.20.
• 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 value 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 value of $62,972.04.

Synaptics Price Performance

SYNA opened at $129.82 on Thursday. The stock has a 50-day moving average price of $87.82 and a 200-day moving average price of $81.33. Synaptics Incorporated has a 12-month low of $57.54 and a 12-month high of $134.84. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $5.02 billion, a P/E ratio of -104.69, a PEG ratio of 4.22 and a beta of 1.86.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. During the same period in the prior year, the business earned $0.90 EPS. The company’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. Equities analysts predict that Synaptics Incorporated will post 1.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Craig Hallum reiterated a “hold” rating and issued a $95.00 price objective on shares of Synaptics in a report on Friday, May 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. TD Cowen reissued a “buy” rating on shares of Synaptics in a research note on Friday, February 6th. Susquehanna boosted their target price on Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a research note on Friday, May 8th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $120.00 target price on shares of Synaptics in a research note on Friday, May 8th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Synaptics currently has an average 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 bought and sold shares of the business. State of Michigan Retirement System raised its position in Synaptics by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 9,333 shares of the software maker’s stock valued at $654,000 after purchasing an additional 100 shares during the last quarter. LPL Financial LLC raised its position in Synaptics by 3.9% during the 4th quarter. LPL Financial LLC now owns 3,216 shares of the software maker’s stock valued at $238,000 after purchasing an additional 121 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in Synaptics by 1.5% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 8,724 shares of the software maker’s stock valued at $646,000 after purchasing an additional 132 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Synaptics by 0.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock valued at $1,146,000 after purchasing an additional 134 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in Synaptics by 4.0% during the 4th quarter. Captrust Financial Advisors now owns 4,262 shares of the software maker’s stock valued at $315,000 after purchasing an additional 163 shares during 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.