Synaptics Inc. (NASDAQ:SYNA) insider Rick Bergman sold 3,900 shares of the stock in a transaction on Friday, November 25th. The stock was sold at an average price of $55.04, for a total transaction of $214,656.00. Following the transaction, the insider now directly owns 96,498 shares in the company, valued at $5,311,249.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, November 21st, Rick Bergman sold 100 shares of Synaptics stock. The stock was sold at an average price of $55.00, for a total transaction of $5,500.00.
  • On Monday, November 14th, Rick Bergman sold 10,000 shares of Synaptics stock. The stock was sold at an average price of $55.06, for a total transaction of $550,600.00.
  • On Thursday, September 8th, Rick Bergman sold 10,000 shares of Synaptics stock. The stock was sold at an average price of $58.29, for a total transaction of $582,900.00.

Shares of Synaptics Inc. (NASDAQ:SYNA) opened at 53.34 on Tuesday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 38.02 and a beta of 1.39. The stock’s 50 day moving average is $59.11 and its 200 day moving average is $57.87. Synaptics Inc. has a 12-month low of $47.09 and a 12-month high of $90.91.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings results on Thursday, October 27th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.99 by $0.03. Synaptics had a net margin of 3.29% and a return on equity of 15.27%. The business earned $386.20 million during the quarter, compared to analyst estimates of $372.65 million. During the same quarter last year, the company posted $1.49 earnings per share. The company’s revenue was down 17.8% compared to the same quarter last year. Equities analysts expect that Synaptics Inc. will post $4.89 earnings per share for the current year.

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

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A number of institutional investors have recently made changes to their positions in the stock. D.A. Davidson & CO. boosted its position in shares of Synaptics by 170.9% in the third quarter. D.A. Davidson & CO. now owns 13,971 shares of the company’s stock valued at $817,000 after buying an additional 8,814 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Synaptics by 2.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 543,255 shares of the company’s stock valued at $31,824,000 after buying an additional 14,060 shares during the period. Quantitative Systematic Strategies LLC purchased a new stake in Synaptics during the third quarter valued at $843,000. Cornerstone Capital Management Holdings LLC. boosted its stake in Synaptics by 63.1% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 13,076 shares of the company’s stock valued at $765,000 after buying an additional 5,060 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its stake in Synaptics by 59.5% in the third quarter. Ameritas Investment Partners Inc. now owns 13,827 shares of the company’s stock valued at $810,000 after buying an additional 5,160 shares during the period. Hedge funds and other institutional investors own 92.58% of the company’s stock.

Several equities research analysts have recently issued reports on SYNA shares. Zacks Investment Research raised Synaptics from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research report on Tuesday, August 30th. Pacific Crest reaffirmed a “sector perform” rating on shares of Synaptics in a research report on Monday, August 29th. Needham & Company LLC downgraded Synaptics from a “buy” rating to a “hold” rating in a research report on Friday, October 28th. Finally, Craig Hallum downgraded Synaptics from a “buy” rating to a “hold” rating and lowered their price target for the company from $70.00 to $65.00 in a research report on Friday, October 28th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $73.08.

About Synaptics

Synaptics Incorporated is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. The Company is a developer and supplier of custom-designed human interface product solutions that enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices.

5 Day Chart for NASDAQ:SYNA

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