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.
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.
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.
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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.
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