WINTON GROUP Ltd Purchases New Shares in Synaptics Incorporated $SYNA

WINTON GROUP Ltd acquired a new position in shares of Synaptics Incorporated (NASDAQ:SYNAFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 93,703 shares of the software maker’s stock, valued at approximately $6,404,000. WINTON GROUP Ltd owned about 0.24% of Synaptics as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Synaptics by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock worth $5,780,000 after buying an additional 4,917 shares during the period. Bank of Montreal Can increased its position in Synaptics by 12.7% in the 2nd quarter. Bank of Montreal Can now owns 6,344 shares of the software maker’s stock valued at $411,000 after acquiring an additional 714 shares during the period. Summit Investment Advisors Inc. increased its position in Synaptics by 8.4% in the 1st quarter. Summit Investment Advisors Inc. now owns 23,137 shares of the software maker’s stock valued at $1,474,000 after acquiring an additional 1,792 shares during the period. Los Angeles Capital Management LLC raised its stake in Synaptics by 67.4% during the 2nd quarter. Los Angeles Capital Management LLC now owns 10,490 shares of the software maker’s stock valued at $680,000 after acquiring an additional 4,223 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Synaptics by 2.5% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 35,426 shares of the software maker’s stock valued at $2,296,000 after acquiring an additional 850 shares during the last quarter. 99.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Lisa Bodensteiner sold 576 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total transaction of $48,919.68. Following the sale, the insider owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. The trade was a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Vikram Gupta sold 772 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total transaction of $62,972.04. Following the transaction, the insider owned 95,996 shares in the company, valued at $7,830,393.72. The trade was a 0.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,844 shares of company stock valued at $310,609 in the last quarter. Company insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Susquehanna lifted their target price on Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. upped their price target on Synaptics from $85.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. TD Cowen reaffirmed a “buy” rating on shares of Synaptics in a report on Friday, February 6th. Needham & Company LLC lifted their price objective on shares of Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Northland Securities boosted their price objective on shares of Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Monday, December 29th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Synaptics currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.91.

Get Our Latest Analysis on Synaptics

Synaptics Trading Up 3.4%

NASDAQ:SYNA opened at $74.44 on Tuesday. Synaptics Incorporated has a 1 year low of $41.80 and a 1 year high of $97.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. The stock has a fifty day moving average price of $83.80 and a two-hundred day moving average price of $75.00. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of -46.82, a PEG ratio of 2.91 and a beta of 1.68.

Synaptics (NASDAQ:SYNAGet Free Report) last issued its earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping the consensus estimate of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The company had revenue of $302.50 million for the quarter, compared to analyst estimates of $300.31 million. During the same period in the previous year, the firm earned $0.92 EPS. The business’s revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, sell-side analysts anticipate that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

About Synaptics

(Free Report)

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.

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Institutional Ownership by Quarter for Synaptics (NASDAQ:SYNA)

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