Susquehanna Cuts Synaptics (NASDAQ:SYNA) Price Target to $125.00

Synaptics (NASDAQ:SYNA) had its price objective reduced by Susquehanna from $140.00 to $125.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the software maker’s stock.

A number of other equities analysts have also recently commented on SYNA. Wall Street Zen raised shares of Synaptics from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. TD Cowen cut shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Friday, June 26th. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Rosenblatt Securities lowered shares of Synaptics from a “buy” rating to a “hold” rating and dropped their price objective for the company from $180.00 to $160.00 in a research note on Friday, June 26th. Finally, Barclays restated an “equal weight” rating and issued a $135.00 price objective (up from $110.00) on shares of Synaptics in a research note on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $133.45.

Synaptics Stock Down 2.5%

Synaptics stock opened at $117.60 on Tuesday. The company has a market capitalization of $4.54 billion, a P/E ratio of -94.84, a PEG ratio of 2.88 and a beta of 1.97. 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 has a fifty-two week low of $58.28 and a fifty-two week high of $149.11. The stock has a 50-day simple moving average of $129.80 and a 200-day simple moving average of $100.50.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $294.20 million for the quarter, compared to the consensus estimate of $290.51 million. During the same quarter last year, the business posted $0.90 EPS. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities research analysts expect that Synaptics will post 1.29 earnings per share for the current year.

Insider Transactions at Synaptics

In other Synaptics news, insider Vikram Gupta sold 1,548 shares of Synaptics stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $92.90, for a total value of $143,809.20. Following the sale, the insider owned 87,382 shares of the company’s stock, valued at approximately $8,117,787.80. The trade was a 1.74% 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. Also, insider Esther Song sold 8,833 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $141.17, for a total value of $1,246,954.61. Following the transaction, the insider owned 12,421 shares in the company, valued at $1,753,472.57. The trade was a 41.56% decrease in their position. 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. Insiders have sold a total of 12,837 shares of company stock worth $1,706,181 over the last ninety days. 0.50% of the stock is currently owned by company insiders.

Institutional Trading of Synaptics

A number of institutional investors have recently modified their holdings of the business. Intech Investment Management LLC boosted its stake in shares of Synaptics by 186.4% during the 4th quarter. Intech Investment Management LLC now owns 70,287 shares of the software maker’s stock worth $5,203,000 after acquiring an additional 45,746 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in Synaptics in the 1st quarter valued at approximately $784,000. Geode Capital Management LLC increased its stake in Synaptics by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 1,000,456 shares of the software maker’s stock valued at $74,066,000 after purchasing an additional 17,088 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Synaptics by 26.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 44,175 shares of the software maker’s stock worth $3,346,000 after purchasing an additional 9,218 shares during the last quarter. Finally, Trigran Investments Inc. raised its holdings in Synaptics by 4.7% during the fourth quarter. Trigran Investments Inc. now owns 692,587 shares of the software maker’s stock worth $51,265,000 after purchasing an additional 31,150 shares during the last quarter. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

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.