Synaptics (NASDAQ:SYNA) Insider Sells $102,070.00 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 692 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $147.50, for a total transaction of $102,070.00. Following the completion of the sale, the insider directly owned 83,434 shares of the company’s stock, valued at approximately $12,306,515. The trade was a 0.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 19th, Vikram Gupta sold 692 shares of Synaptics stock. The shares were sold at an average price of $114.83, for a total transaction of $79,462.36.
• On Monday, April 27th, Vikram Gupta sold 1,548 shares of Synaptics stock. The shares were sold at an average price of $92.90, for a total transaction of $143,809.20.
• On Monday, April 20th, Vikram Gupta sold 1,548 shares of Synaptics stock. The shares were sold at an average price of $80.95, for a total transaction of $125,310.60.

Synaptics Trading Down 4.2%

Shares of Synaptics stock opened at $137.28 on Friday. The firm has a 50-day moving average of $97.17 and a 200-day moving average of $84.78. The stock has a market cap of $5.30 billion, a PE ratio of -110.71, a PEG ratio of 4.59 and a beta of 1.86. Synaptics Incorporated has a 52-week low of $57.54 and a 52-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.

Synaptics (NASDAQ:SYNA) last announced its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. Synaptics’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, sell-side analysts forecast that Synaptics Incorporated will post 1.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on SYNA. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price target on shares of Synaptics in a research note on Friday, May 8th. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Barclays boosted their price target on Synaptics from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $125.00 price target on shares of Synaptics in a research note on Friday, May 8th. Finally, Rosenblatt Securities boosted their price target on Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $119.18.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SYNA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Synaptics by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock worth $5,780,000 after purchasing an additional 4,917 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Synaptics during the second quarter worth about $205,000. First Trust Advisors LP grew its holdings in shares of Synaptics by 9.8% during the second quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock worth $3,915,000 after purchasing an additional 5,393 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Synaptics by 472.1% during the second quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock worth $5,801,000 after purchasing an additional 73,848 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings 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. Institutional investors and hedge funds own 99.43% of the company’s stock.

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.