Lido Advisors LLC lifted its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 137.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,639 shares of the software maker’s stock after purchasing an additional 5,000 shares during the quarter. Lido Advisors LLC’s holdings in Synaptics were worth $832,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SYNA. Envestnet Asset Management Inc. bought a new stake in Synaptics in the third quarter worth $430,000. Pacer Advisors Inc. bought a new stake in Synaptics in the third quarter worth $658,000. Nisa Investment Advisors LLC bought a new stake in Synaptics in the third quarter worth $64,000. NEXT Financial Group Inc bought a new stake in Synaptics in the third quarter worth $68,000. Finally, Foundry Partners LLC bought a new stake in Synaptics in the third quarter worth $1,385,000. Institutional investors own 99.85% of the company’s stock.

Shares of Synaptics stock opened at $131.96 on Tuesday. The stock’s fifty day moving average price is $111.62 and its 200-day moving average price is $89.66. Synaptics Incorporated has a 12 month low of $44.41 and a 12 month high of $137.28. The company has a current ratio of 2.41, a quick ratio of 1.96 and a debt-to-equity ratio of 0.71. The firm has a market cap of $4.61 billion, a P/E ratio of 41.37, a P/E/G ratio of 1.89 and a beta of 1.17.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, February 4th. The software maker reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.51. Synaptics had a return on equity of 21.89% and a net margin of 8.47%. Analysts forecast that Synaptics Incorporated will post 5.46 earnings per share for the current year.

In related news, SVP John Mcfarland sold 13,450 shares of Synaptics stock in a transaction dated Tuesday, February 9th. The stock was sold at an average price of $122.71, for a total transaction of $1,650,449.50. Following the completion of the sale, the senior vice president now owns 17,860 shares of the company’s stock, valued at $2,191,600.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey D. Buchanan sold 5,000 shares of Synaptics stock in a transaction dated Monday, December 28th. The stock was sold at an average price of $90.00, for a total value of $450,000.00. Following the sale, the director now directly owns 10,148 shares of the company’s stock, valued at approximately $913,320. The disclosure for this sale can be found here. Insiders have sold 34,107 shares of company stock worth $3,812,718 in the last 90 days. Insiders own 0.85% of the company’s stock.

A number of analysts recently issued reports on SYNA shares. Oppenheimer upgraded Synaptics from a “market perform” rating to an “outperform” rating and set a $140.00 price target for the company in a research report on Friday, February 5th. KeyCorp lifted their target price on Synaptics from $120.00 to $145.00 and gave the stock an “overweight” rating in a research report on Friday, February 5th. Rosenblatt Securities lifted their target price on Synaptics from $110.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, February 5th. Mizuho lifted their target price on Synaptics from $93.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, February 5th. Finally, Craig Hallum upgraded Synaptics from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research report on Tuesday, February 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Synaptics currently has a consensus rating of “Buy” and an average price target of $121.00.

Synaptics Company Profile

Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide. The company offers ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for displays on electronic devices, including smartphones and tablets; TouchView products, which integrate touch and display technologies to deliver performance and simplified design; and Natural ID, a fingerprint ID product that is used in automobiles, notebook personal computers (PCs), PC peripherals, and other applications.

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Institutional Ownership by Quarter for Synaptics (NASDAQ:SYNA)

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