Lisa Bodensteiner Sells 334 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 334 shares of Synaptics stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $138.28, for a total value of $46,185.52. Following the completion of the sale, the insider directly owned 61,989 shares in the company, valued at $8,571,838.92. This represents a 0.54% decrease in their position. The sale was disclosed in a filing with the SEC, 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.

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

• On Tuesday, May 19th, Lisa Bodensteiner sold 612 shares of Synaptics stock. The shares were sold at an average price of $114.83, for a total value of $70,275.96.
• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The shares were sold at an average price of $81.87, for a total value of $147,202.26.

Synaptics Price Performance

Synaptics stock opened at $140.89 on Friday. The stock’s 50 day moving average price is $116.39 and its 200 day moving average price is $92.31. 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 $5.44 billion, a PE ratio of -113.62, a price-to-earnings-growth ratio of 4.51 and a beta of 1.98. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $290.51 million. During the same quarter in the prior year, the business posted $0.90 earnings per share. Synaptics’s 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. On average, sell-side analysts predict that Synaptics Incorporated will post 1.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Zacks Research upgraded shares of Synaptics from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 target price on shares of Synaptics in a report on Friday, May 8th. Craig Hallum reiterated a “hold” rating and set a $95.00 price target on shares of Synaptics in a research report on Friday, May 8th. Finally, Susquehanna boosted their price target on Synaptics from $105.00 to $125.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Synaptics currently has a consensus rating of “Moderate Buy” and an average target price of $124.18.

Hedge Funds Weigh In On Synaptics

A number of institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in Synaptics by 51.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after purchasing an additional 184,303 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after purchasing an additional 594,235 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Synaptics during the third quarter worth about $1,200,000. WINTON GROUP Ltd purchased a new stake in shares of Synaptics during the third quarter worth about $6,404,000. Finally, Intech Investment Management LLC grew its holdings in shares of Synaptics by 186.4% during the fourth quarter. Intech Investment Management LLC now owns 70,287 shares of the software maker’s stock worth $5,203,000 after buying an additional 45,746 shares in the last quarter. 99.43% of the stock is owned by institutional investors and hedge funds.

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.