Synaptics (NASDAQ:SYNA) Insider Esther Song Sells 8,833 Shares

Synaptics Incorporated (NASDAQ:SYNA) insider Esther Song sold 8,833 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $141.17, for a total value of $1,246,954.61. Following the sale, the insider directly owned 12,421 shares of the company’s stock, valued at $1,753,472.57. This represents a 41.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synaptics Trading Down 4.2%

Shares of Synaptics stock opened at $137.28 on Friday. Synaptics Incorporated has a 1 year low of $57.54 and a 1 year high of $149.11. 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 company has a market capitalization of $5.30 billion, a price-to-earnings ratio of -110.71, a P/E/G ratio of 4.59 and a beta of 1.86. The business has a fifty day simple moving average of $97.17 and a two-hundred day simple moving average of $84.78.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share 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 company had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. During the same quarter last year, the firm earned $0.90 earnings per share. The company’s revenue was up 10.4% on a year-over-year basis. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Research analysts forecast that Synaptics Incorporated will post 1.3 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SYNA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Synaptics by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock worth $5,780,000 after purchasing an additional 4,917 shares during the period. M&T Bank Corp bought a new position in Synaptics in the second quarter valued at about $205,000. First Trust Advisors LP grew its position in Synaptics by 9.8% in the second quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock valued at $3,915,000 after acquiring an additional 5,393 shares during the last quarter. Marshall Wace LLP grew its position in Synaptics by 472.1% in the second quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock valued at $5,801,000 after acquiring an additional 73,848 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in Synaptics by 9.1% in the second quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock valued at $1,514,000 after acquiring an additional 1,939 shares during the last quarter. Institutional investors own 99.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Susquehanna lifted their target price on Synaptics from $105.00 to $125.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Craig Hallum restated a “hold” rating and issued a $95.00 price target on shares of Synaptics in a research report on Friday, May 8th. Finally, Rosenblatt Securities raised their price target on Synaptics from $125.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $119.18.

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.