Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells 694 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 694 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $80.07, for a total value of $55,568.58. Following the completion of the transaction, the insider directly owned 100,776 shares in the company, valued at approximately $8,069,134.32. This represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Synaptics Price Performance

Shares of NASDAQ:SYNA traded down $1.45 during trading on Monday, reaching $75.98. 265,541 shares of the company traded hands, compared to its average volume of 495,699. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. Synaptics Incorporated has a 52 week low of $41.80 and a 52 week high of $89.81. The firm has a market capitalization of $2.96 billion, a PE ratio of -65.55, a PEG ratio of 3.24 and a beta of 1.76. The company’s 50 day moving average is $69.34 and its two-hundred day moving average is $67.73.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. The firm had revenue of $292.50 million for the quarter, compared to analysts’ expectations of $289.93 million. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The company’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 earnings per share. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, sell-side analysts predict that Synaptics Incorporated will post 0.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. Northland Capmk raised Synaptics to a “strong-buy” rating in a report on Tuesday, December 2nd. TD Cowen boosted their target price on Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $87.88.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Quarry LP grew its holdings in shares of Synaptics by 220.0% during the 1st quarter. Quarry LP now owns 528 shares of the software maker’s stock valued at $34,000 after purchasing an additional 363 shares during the last quarter. Fifth Third Bancorp boosted its position in Synaptics by 443.1% during the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after buying an additional 514 shares during the period. Hantz Financial Services Inc. grew its stake in shares of Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock valued at $41,000 after buying an additional 351 shares during the last quarter. Optiver Holding B.V. increased its holdings in shares of Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of Synaptics by 480.3% in the 2nd quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after acquiring an additional 586 shares during the last quarter. Institutional investors own 99.43% of the company’s stock.

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.