Nordea Investment Management AB Sells 15,780 Shares of Synaptics Incorporated $SYNA

Nordea Investment Management AB reduced its holdings in shares of Synaptics Incorporated (NASDAQ:SYNA) by 14.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,588 shares of the software maker’s stock after selling 15,780 shares during the quarter. Nordea Investment Management AB owned 0.24% of Synaptics worth $7,048,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SYNA. SG Americas Securities LLC lifted its position in shares of Synaptics by 632.6% during the third quarter. SG Americas Securities LLC now owns 31,485 shares of the software maker’s stock valued at $2,152,000 after purchasing an additional 27,187 shares in the last quarter. Norges Bank bought a new stake in Synaptics in the 2nd quarter worth about $25,876,000. JPMorgan Chase & Co. increased its stake in Synaptics by 51.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after buying an additional 184,303 shares during the last quarter. Icon Advisers Inc. Co. bought a new position in shares of Synaptics during the 2nd quarter worth approximately $1,381,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after buying an additional 594,235 shares in the last quarter. Institutional investors and hedge funds own 99.43% of the company’s stock.

Synaptics Trading Down 1.5%

Shares of SYNA stock opened at $74.96 on Thursday. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of -47.14, a PEG ratio of 3.08 and a beta of 1.68. The company’s fifty day simple moving average is $82.11 and its two-hundred day simple moving average is $75.32. 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 current ratio of 2.93 and a quick ratio of 2.33.

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

Insider Activity

In other news, insider Lisa Bodensteiner sold 576 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total value of $48,919.68. Following the completion of the transaction, the insider directly owned 72,307 shares in the company, valued at approximately $6,141,033.51. This trade represents a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Vikram Gupta sold 772 shares of the business’s 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 transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,454 shares of company stock worth $202,505. Company insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on SYNA shares. Wall Street Zen lowered Synaptics from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Northland Securities increased their price target on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Monday, December 29th. JPMorgan Chase & Co. lifted their price objective on Synaptics from $85.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. TD Cowen reaffirmed a “buy” rating on shares of Synaptics in a report on Friday, February 6th. Finally, Mizuho increased their target price on shares of Synaptics from $94.00 to $103.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $99.91.

About Synaptics

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.