Synaptics (SYNA) Director Sells $135,510.00 in Stock

Synaptics (NASDAQ:SYNA) Director Nelson C. Chan sold 3,000 shares of the firm’s stock in a transaction dated Monday, April 2nd. The shares were sold at an average price of $45.17, for a total transaction of $135,510.00. Following the transaction, the director now directly owns 25,231 shares in the company, valued at $1,139,684.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

SYNA opened at $42.95 on Friday. The stock has a market capitalization of $1,561.76, a PE ratio of 12.94, a price-to-earnings-growth ratio of 1.19 and a beta of 0.91. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.36 and a quick ratio of 1.85. Synaptics has a twelve month low of $33.73 and a twelve month high of $64.54.

How to Become a New Pot Stock Millionaire

Synaptics (NASDAQ:SYNA) last posted its earnings results on Wednesday, February 7th. The software maker reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.03. The firm had revenue of $430.40 million during the quarter, compared to the consensus estimate of $430.59 million. Synaptics had a negative net margin of 5.04% and a positive return on equity of 13.70%. The company’s revenue was down 6.7% on a year-over-year basis. During the same quarter last year, the company earned $1.49 earnings per share. equities research analysts anticipate that Synaptics will post 2.53 EPS for the current fiscal year.

SYNA has been the subject of a number of research analyst reports. UBS upgraded shares of Synaptics from an “underperform” rating to a “market perform” rating in a report on Friday, December 8th. ValuEngine downgraded shares of Synaptics from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. BidaskClub upgraded shares of Synaptics from a “strong sell” rating to a “sell” rating in a report on Friday, February 9th. KeyCorp upgraded shares of Synaptics from a “sector weight” rating to an “overweight” rating in a report on Friday, January 12th. Finally, Stifel Nicolaus decreased their price objective on shares of Synaptics from $59.00 to $57.00 and set a “buy” rating for the company in a report on Thursday, February 8th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $46.75.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Legal & General Group Plc increased its stake in shares of Synaptics by 4.6% in the third quarter. Legal & General Group Plc now owns 27,822 shares of the software maker’s stock worth $1,090,000 after purchasing an additional 1,225 shares in the last quarter. American International Group Inc. increased its stake in shares of Synaptics by 1.4% in the third quarter. American International Group Inc. now owns 92,057 shares of the software maker’s stock worth $3,607,000 after purchasing an additional 1,273 shares in the last quarter. Profit Investment Management LLC increased its stake in shares of Synaptics by 7.3% in the fourth quarter. Profit Investment Management LLC now owns 26,436 shares of the software maker’s stock worth $1,056,000 after purchasing an additional 1,806 shares in the last quarter. Profund Advisors LLC increased its stake in shares of Synaptics by 17.9% in the fourth quarter. Profund Advisors LLC now owns 12,253 shares of the software maker’s stock worth $489,000 after purchasing an additional 1,860 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of Synaptics by 1.1% in the third quarter. Wells Fargo & Company MN now owns 183,834 shares of the software maker’s stock worth $7,202,000 after purchasing an additional 2,000 shares in the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Synaptics (SYNA) Director Sells $135,510.00 in Stock” was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3338076/synaptics-syna-director-sells-135510-00-in-stock.html.

Synaptics Company Profile

Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide. The company offers its human interface products solutions for mobile product applications, including smartphones, tablets, and touchscreen applications, as well as mobile, handheld, wireless, and entertainment devices; notebook applications; and other personal computer (PC) product applications, such as keyboards, mice, and desktop product applications.

Insider Buying and Selling by Quarter for Synaptics (NASDAQ:SYNA)

Receive News & Ratings for Synaptics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synaptics and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

SteadyMed  Given Daily News Sentiment Rating of 0.36
SteadyMed Given Daily News Sentiment Rating of 0.36
Jason Industries  Getting Somewhat Favorable Press Coverage, Study Shows
Jason Industries Getting Somewhat Favorable Press Coverage, Study Shows
Goodomy Reaches Market Capitalization of $3.10 Million
Goodomy Reaches Market Capitalization of $3.10 Million
Advance Auto Parts  vs. AutoZone  Critical Comparison
Advance Auto Parts vs. AutoZone Critical Comparison
2GIVE 24 Hour Trading Volume Hits $57,347.00
2GIVE 24 Hour Trading Volume Hits $57,347.00
Hydro Protocol Price Reaches $0.0325 on Major Exchanges
Hydro Protocol Price Reaches $0.0325 on Major Exchanges


Leave a Reply

© 2006-2018 Ticker Report. Google+.