Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells 612 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 612 shares of Synaptics stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total transaction of $70,275.96. Following the sale, the insider directly owned 63,106 shares of the company’s stock, valued at $7,246,461.98. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lisa Bodensteiner also recently made the following trade(s):

• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26.
• On Wednesday, March 18th, Lisa Bodensteiner sold 334 shares of Synaptics stock. The stock was sold at an average price of $74.83, for a total transaction of $24,993.22.

Synaptics Trading Up 6.8%

Synaptics stock traded up $8.44 during mid-day trading on Wednesday, hitting $132.08. The company’s stock had a trading volume of 829,738 shares, compared to its average volume of 827,934. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of -106.60, a price-to-earnings-growth ratio of 4.11 and a beta of 1.86. The business has a 50 day moving average price of $86.71 and a 200-day moving average price of $80.91. Synaptics Incorporated has a 12 month low of $57.54 and a 12 month high of $134.84.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, analysts forecast that Synaptics Incorporated will post 1.21 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Wall Street Zen raised shares of Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Northland Securities set a $123.00 price target on shares of Synaptics in a research note on Friday, May 8th. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 7th. Mizuho set a $128.00 price objective on shares of Synaptics in a research note on Friday, May 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 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 assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Synaptics currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.18.

Hedge Funds Weigh In On Synaptics

Several hedge funds and other institutional investors have recently modified their holdings of SYNA. California State Teachers Retirement System grew its holdings in Synaptics by 24.4% in the first quarter. California State Teachers Retirement System now owns 45,791 shares of the software maker’s stock worth $3,207,000 after purchasing an additional 8,978 shares during the period. Royal Bank of Canada grew its holdings in Synaptics by 337.0% in the first quarter. Royal Bank of Canada now owns 24,939 shares of the software maker’s stock worth $1,747,000 after purchasing an additional 19,232 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Synaptics by 2,384.4% in the first quarter. The Manufacturers Life Insurance Company now owns 939,182 shares of the software maker’s stock worth $65,780,000 after purchasing an additional 901,379 shares during the period. Quantinno Capital Management LP grew its holdings in Synaptics by 16.6% in the first quarter. Quantinno Capital Management LP now owns 13,390 shares of the software maker’s stock worth $938,000 after purchasing an additional 1,903 shares during the period. Finally, Caxton Associates LLP purchased a new stake in Synaptics in the first quarter worth about $360,000. 99.43% of the stock is owned by institutional investors.

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.