Campbell & CO Investment Adviser LLC Invests $857,000 in Synaptics Incorporated $SYNA

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Synaptics Incorporated (NASDAQ:SYNA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,228 shares of the software maker’s stock, valued at approximately $857,000.

A number of other large investors have also recently bought and sold shares of SYNA. Ameriprise Financial Inc. grew its holdings in shares of Synaptics by 22.5% during the first quarter. Ameriprise Financial Inc. now owns 6,098,453 shares of the software maker’s stock valued at $388,587,000 after purchasing an additional 1,118,559 shares during the last quarter. Trigran Investments Inc. lifted its holdings in shares of Synaptics by 5.5% in the 1st quarter. Trigran Investments Inc. now owns 1,130,733 shares of the software maker’s stock worth $72,050,000 after purchasing an additional 58,511 shares during the last quarter. Victory Capital Management Inc. boosted its position in Synaptics by 11.8% during the 1st quarter. Victory Capital Management Inc. now owns 645,727 shares of the software maker’s stock valued at $41,146,000 after purchasing an additional 67,975 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Synaptics by 0.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 474,083 shares of the software maker’s stock worth $30,209,000 after buying an additional 2,500 shares during the last quarter. Finally, Peregrine Capital Management LLC increased its position in Synaptics by 11.0% in the second quarter. Peregrine Capital Management LLC now owns 240,228 shares of the software maker’s stock worth $15,572,000 after buying an additional 23,851 shares during the period. Institutional investors own 99.43% of the company’s stock.

Analyst Ratings Changes

SYNA has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Synaptics in a report on Thursday, September 11th. They set a “buy” rating and a $85.00 price target for the company. Rosenblatt Securities restated a “buy” rating and issued a $95.00 target price on shares of Synaptics in a research report on Tuesday. Needham & Company LLC restated a “buy” rating and issued a $85.00 price target on shares of Synaptics in a research note on Friday, November 7th. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.29.

Synaptics Trading Down 3.2%

Shares of NASDAQ:SYNA opened at $65.44 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.26 and a current ratio of 2.78. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of -54.08, a PEG ratio of 3.03 and a beta of 1.63. Synaptics Incorporated has a 1-year low of $41.80 and a 1-year high of $89.81. The company has a 50 day moving average price of $69.54 and a 200 day moving average price of $66.25.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings data on Thursday, November 6th. The software maker reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. The company had revenue of $292.50 million during the quarter, compared to the consensus estimate of $289.93 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.45%.The company’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, research analysts anticipate that Synaptics Incorporated will post 0.96 EPS for the current fiscal year.

Synaptics declared that its Board of Directors has approved a stock repurchase program on Thursday, August 7th that permits the company to repurchase $150.00 million in shares. This repurchase authorization permits the software maker to purchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Synaptics Company Profile

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.