Synaptics, Incorporated (NASDAQ:SYNA) insider Rick Bergman sold 20,000 shares of the stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $48.35, for a total transaction of $967,000.00. Following the completion of the sale, the insider now directly owns 148,960 shares in the company, valued at $7,202,216. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Rick Bergman also recently made the following trade(s):

  • On Wednesday, June 20th, Rick Bergman sold 17,500 shares of Synaptics stock. The shares were sold at an average price of $53.35, for a total transaction of $933,625.00.

Shares of Synaptics stock opened at $48.17 on Friday. Synaptics, Incorporated has a 1 year low of $33.73 and a 1 year high of $55.25. The company has a current ratio of 2.50, a quick ratio of 2.09 and a debt-to-equity ratio of 0.64. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 1.46 and a beta of 0.85.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, August 9th. The software maker reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.09. Synaptics had a negative net margin of 6.28% and a positive return on equity of 11.99%. The company had revenue of $388.50 million for the quarter, compared to the consensus estimate of $391.75 million. During the same period last year, the firm posted $1.18 EPS. Synaptics’s revenue for the quarter was down 8.9% on a year-over-year basis. research analysts forecast that Synaptics, Incorporated will post 2.27 EPS for the current year.

Institutional investors have recently modified their holdings of the business. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Synaptics by 53.3% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,315 shares of the software maker’s stock worth $197,000 after acquiring an additional 1,500 shares during the period. Mutual of America Capital Management LLC lifted its stake in shares of Synaptics by 5.1% in the 2nd quarter. Mutual of America Capital Management LLC now owns 31,292 shares of the software maker’s stock worth $1,576,000 after acquiring an additional 1,519 shares during the period. HGK Asset Management Inc. lifted its stake in shares of Synaptics by 18.1% in the 2nd quarter. HGK Asset Management Inc. now owns 11,719 shares of the software maker’s stock worth $590,000 after acquiring an additional 1,799 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Synaptics by 7.0% in the 2nd quarter. D.A. Davidson & CO. now owns 30,480 shares of the software maker’s stock worth $1,535,000 after acquiring an additional 2,000 shares during the period. Finally, Swiss National Bank lifted its stake in shares of Synaptics by 4.1% in the 2nd quarter. Swiss National Bank now owns 61,300 shares of the software maker’s stock worth $3,088,000 after acquiring an additional 2,400 shares during the period.

A number of brokerages have commented on SYNA. Craig Hallum downgraded shares of Synaptics from a “buy” rating to a “hold” rating and set a $51.00 price objective on the stock. in a research report on Thursday, June 21st. BidaskClub raised shares of Synaptics from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 23rd. Zacks Investment Research downgraded shares of Synaptics from a “hold” rating to a “sell” rating in a research report on Saturday, July 7th. Stifel Nicolaus increased their price objective on shares of Synaptics from $54.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday, June 20th. Finally, ValuEngine raised shares of Synaptics from a “sell” rating to a “hold” rating in a research report on Wednesday, June 13th. Five research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $48.64.

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

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