Synaptics Incorporated $SYNA Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd decreased its position in shares of Synaptics Incorporated (NASDAQ:SYNA) by 72.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,145 shares of the software maker’s stock after selling 8,427 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Synaptics were worth $215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Synaptics during the 2nd quarter worth $25,876,000. AQR Capital Management LLC increased its stake in Synaptics by 186.2% in the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock valued at $28,744,000 after purchasing an additional 288,523 shares during the last quarter. Squarepoint Ops LLC lifted its position in Synaptics by 376.6% during the second quarter. Squarepoint Ops LLC now owns 198,269 shares of the software maker’s stock worth $12,852,000 after buying an additional 156,671 shares during the period. Nordea Investment Management AB acquired a new stake in Synaptics in the 2nd quarter worth about $6,991,000. Finally, Bank of America Corp DE grew its holdings in Synaptics by 68.7% in the 2nd quarter. Bank of America Corp DE now owns 238,298 shares of the software maker’s stock valued at $15,446,000 after buying an additional 97,018 shares during the period. 99.43% of the stock is owned by hedge funds and other institutional investors.

More Synaptics News

Here are the key news stories impacting Synaptics this week:

• Positive Sentiment: Q2 beat — Non‑GAAP EPS of $1.21 vs. $1.15 consensus and revenue $302.5M vs. ~$300M consensus; revenue grew ~13% YoY. Strong results support near‑term earnings momentum. Synaptics Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Raised/above‑consensus EPS guidance for Q3 FY2026: EPS guidance of $0.85–$1.15 vs. street ~$0.66 — signals management expects continued profitability on a non‑GAAP basis. Q2 2026 Earnings Call Transcript
• Positive Sentiment: Product mix tailwinds — Core IoT product sales grew ~53% YoY and non‑GAAP gross margin reported at 53.6%, highlighting improving mix and margin potential. Slide Deck / Press Release
• Neutral Sentiment: Detailed materials available — full earnings slide deck and call transcript provide more detail on segment trends and customer cadence for investors who want to dig deeper. Q2 Results – Earnings Call Presentation
• Positive Sentiment: Partnerships expanding Edge AI footprint — Synaptics announced a manufacturing/Edge AI partnership that could support long‑term IoT/edge growth (positive for revenue diversification). 42 Technology and Synaptics partner to accelerate Edge AI adoption
• Negative Sentiment: Market reaction muted/negative — despite the beat and upside EPS guide, some investors sold shares after management’s revenue/guidance details and forward commentary, suggesting worries about near‑term demand mix or that the revenue guidance range left uncertainty. Synaptics falls as investors focus on Q3 guidance despite Q2 beat
• Negative Sentiment: GAAP metrics and profitability quirks — company still showed a GAAP loss (and a negative net margin), which can temper enthusiasm despite non‑GAAP profitability and higher margins. How Key Metrics Compare to Wall Street Estimates

Synaptics Stock Down 0.4%

Shares of Synaptics stock opened at $87.31 on Friday. Synaptics Incorporated has a twelve month low of $41.80 and a twelve month high of $94.59. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of -75.27, a price-to-earnings-growth ratio of 3.67 and a beta of 1.72. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60. The company has a fifty day moving average price of $80.21 and a 200 day moving average price of $72.18.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, beating the consensus estimate of $1.15 by $0.06. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The company had revenue of $302.50 million for the quarter, compared to analyst estimates of $300.31 million. During the same period last year, the company posted $0.92 earnings per share. The firm’s revenue was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities research analysts forecast that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SYNA has been the topic of several recent analyst reports. Oppenheimer reiterated a “market perform” rating on shares of Synaptics in a report on Tuesday, December 16th. Wall Street Zen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research note on Thursday, January 22nd. Mizuho set a $94.00 price objective on shares of Synaptics in a research note on Friday, January 9th. Finally, Wells Fargo & Company upped their price objective on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Synaptics has a consensus rating of “Moderate Buy” and a consensus price target of $95.56.

Insider Activity at Synaptics

In other Synaptics news, insider Vikram Gupta sold 694 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total value of $52,050.00. Following the completion of the transaction, the insider owned 100,082 shares in the company, valued at $7,506,150. This represents a 0.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lisa Bodensteiner sold 7,182 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $78.68, for a total transaction of $565,079.76. Following the completion of the sale, the insider directly owned 75,542 shares of the company’s stock, valued at $5,943,644.56. This trade represents a 8.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,906 shares of company stock worth $698,177 over the last three months. 0.50% of the stock is currently owned by corporate insiders.

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.