Esther Song Sells 126 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Esther Song sold 126 shares of the business’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 $17,423.28. Following the completion of the transaction, the insider directly owned 12,157 shares of the company’s stock, valued at approximately $1,681,069.96. This trade represents a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.

Esther Song also recently made the following trade(s):

• On Thursday, May 28th, Esther Song sold 8,833 shares of Synaptics stock. The stock was sold at an average price of $141.17, for a total transaction of $1,246,954.61.

Synaptics Stock Performance

Shares of SYNA opened at $140.89 on Friday. Synaptics Incorporated has a 1 year low of $58.28 and a 1 year high of $149.11. The company has a market capitalization of $5.44 billion, a price-to-earnings ratio of -113.62, a PEG ratio of 4.51 and a beta of 1.98. The company’s 50 day simple moving average is $116.39 and its 200 day simple moving average is $92.31. 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 quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, beating 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 business had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. During the same quarter in the previous year, the business earned $0.90 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, sell-side analysts predict that Synaptics Incorporated will post 1.3 EPS for the current year.

Institutional Investors Weigh In On Synaptics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in Synaptics by 119.5% in the 4th 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. Leonteq Securities AG acquired a new stake in shares of Synaptics during the fourth quarter valued at about $43,000. Optiver Holding B.V. increased its position in shares of Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after acquiring an additional 170 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Synaptics during the second quarter worth about $54,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Synaptics in the fourth quarter worth about $70,000. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on SYNA shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. Susquehanna increased their target price on shares of Synaptics from $105.00 to $125.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Wells Fargo & Company raised their price target on shares of Synaptics from $120.00 to $155.00 and gave the company an “overweight” rating in a report on Tuesday, June 9th. Rosenblatt Securities lifted their price target on shares of Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Craig Hallum reiterated a “hold” rating and set a $95.00 price objective on shares of Synaptics in a research note on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $124.18.

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.