Lisa Bodensteiner Sells 334 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 334 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $138.28, for a total value of $46,185.52. Following the transaction, the insider directly owned 61,989 shares in the company, valued at approximately $8,571,838.92. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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.

Lisa Bodensteiner also recently made the following trade(s):

• On Tuesday, May 19th, Lisa Bodensteiner sold 612 shares of Synaptics stock. The stock was sold at an average price of $114.83, for a total value of $70,275.96.
• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The stock was sold at an average price of $81.87, for a total value of $147,202.26.

Synaptics Stock Up 5.5%

NASDAQ:SYNA traded up $7.36 during mid-day trading on Thursday, hitting $140.89. 1,034,174 shares of the company’s stock traded hands, compared to its average volume of 782,790. The company has a fifty day moving average of $115.10 and a 200 day moving average of $91.97. Synaptics Incorporated has a twelve month low of $58.28 and a twelve month high of $149.11. The company has a market capitalization of $5.44 billion, a P/E ratio of -113.62, a P/E/G ratio of 4.28 and a beta of 1.98. 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 issued its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, analysts forecast that Synaptics Incorporated will post 1.3 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on SYNA. Craig Hallum reiterated a “hold” rating and issued a $95.00 target price on shares of Synaptics in a research note on Friday, May 8th. JPMorgan Chase & Co. upped their price target on shares of Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Northland Securities set a $123.00 price objective on shares of Synaptics in a research note on Friday, May 8th. Finally, Mizuho set a $128.00 price objective on shares of Synaptics in a research note on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.18.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its position in Synaptics by 119.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after buying an additional 190 shares during the last quarter. Optiver Holding B.V. raised its position in Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares during the last quarter. Leonteq Securities AG purchased a new position in Synaptics during the 4th quarter worth approximately $43,000. Lazard Asset Management LLC acquired a new stake in Synaptics during the 2nd quarter valued at approximately $54,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Synaptics during the 4th quarter valued at approximately $70,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

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.