Dean Capital Management Buys New Position in Synaptics Incorporated $SYNA

Dean Capital Management bought a new stake in Synaptics Incorporated (NASDAQ:SYNA) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 24,218 shares of the software maker’s stock, valued at approximately $1,655,000. Dean Capital Management owned approximately 0.06% of Synaptics at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. raised its position in shares of Synaptics by 143.9% in 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. boosted its position in Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after acquiring an additional 170 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Synaptics during the second quarter worth approximately $54,000. Globeflex Capital L P purchased a new stake in Synaptics in the 2nd quarter worth approximately $95,000. Finally, M&T Bank Corp acquired a new position in Synaptics in the 2nd quarter valued at $205,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 772 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the completion of the sale, the insider owned 95,996 shares of the company’s stock, valued at approximately $7,830,393.72. This represents a 0.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lisa Bodensteiner sold 576 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total transaction of $48,919.68. Following the sale, the insider directly owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This trade represents a 0.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 3,150 shares of company stock worth $255,041. Company insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SYNA shares. Needham & Company LLC increased their price target on Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Craig Hallum reaffirmed a “hold” rating and issued a $80.00 price objective on shares of Synaptics in a research report on Friday, February 6th. Susquehanna upped 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. Wells Fargo & Company increased their target price on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Finally, Oppenheimer reissued a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.91.

Synaptics Stock Down 0.7%

Shares of NASDAQ SYNA opened at $73.87 on Monday. The stock has a market capitalization of $2.86 billion, a PE ratio of -46.46, a P/E/G ratio of 2.99 and a beta of 1.68. The company has a quick ratio of 2.33, a current ratio of 2.93 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average of $83.83 and a 200-day moving average of $75.12. Synaptics Incorporated has a 52-week low of $41.80 and a 52-week high of $97.00.

Synaptics (NASDAQ:SYNA) last issued its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.06. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The business 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 EPS. The business’s quarterly revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, analysts anticipate that Synaptics Incorporated will post 0.96 EPS for the current year.

Synaptics 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.