Segall Bryant & Hamill LLC Acquires 58,509 Shares of Synaptics Incorporated $SYNA

Segall Bryant & Hamill LLC grew its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 21.3% during the first quarter, Holdings Channel.com reports. The firm owned 333,602 shares of the software maker’s stock after acquiring an additional 58,509 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Synaptics were worth $23,365,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. CIBC Private Wealth Group LLC lifted its position in shares of Synaptics by 119.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after purchasing an additional 190 shares in the last quarter. Leonteq Securities AG bought a new position in Synaptics in the fourth quarter valued at $43,000. Lazard Asset Management LLC bought a new position in Synaptics in the second quarter valued at $54,000. Kemnay Advisory Services Inc. acquired a new stake in Synaptics in the 4th quarter valued at $70,000. Finally, PNC Financial Services Group Inc. increased its stake in Synaptics by 21.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,119 shares of the software maker’s stock valued at $83,000 after buying an additional 200 shares during the last quarter. Institutional investors own 99.43% of the company’s stock.

Insider Activity

In other news, insider Lisa Bodensteiner sold 334 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $138.28, for a total value of $46,185.52. Following the sale, the insider directly owned 61,989 shares of the company’s stock, valued at approximately $8,571,838.92. This represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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. Also, insider Esther Song sold 8,833 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the sale, the insider owned 12,421 shares of the company’s stock, valued at $1,753,472.57. This trade represents a 41.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 11,649 shares of company stock valued at $1,603,484. 0.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Wells Fargo & Company boosted their price target on shares of Synaptics from $155.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Needham & Company LLC downgraded Synaptics from a “buy” rating to a “hold” rating in a research report on Friday, June 26th. Rosenblatt Securities downgraded Synaptics from a “buy” rating to a “hold” rating and lowered their target price for the company from $180.00 to $160.00 in a research report on Friday, June 26th. Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Finally, TD Cowen cut Synaptics from a “buy” rating to a “hold” rating in a research report on Friday, June 26th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $133.45.

Synaptics Price Performance

Shares of SYNA opened at $107.32 on Friday. 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 company’s fifty day simple moving average is $127.46 and its 200 day simple moving average is $101.52. Synaptics Incorporated has a 1-year low of $58.28 and a 1-year high of $149.11. The company has a market cap of $4.15 billion, a price-to-earnings ratio of -86.55 and a beta of 1.97.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings results 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 negative net margin of 4.10% and a positive return on equity of 4.32%. The firm had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. During the same quarter last year, the company posted $0.90 earnings per share. 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. On average, research analysts forecast that Synaptics Incorporated will post 1.29 earnings per share for the current fiscal year.

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.