Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells $79,462.36 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 692 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $114.83, for a total value of $79,462.36. Following the completion of the sale, the insider owned 84,126 shares in the company, valued at $9,660,188.58. The trade was a 0.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vikram Gupta also recently made the following trade(s):

• On Monday, April 27th, Vikram Gupta sold 1,548 shares of Synaptics stock. The shares were sold at an average price of $92.90, for a total value of $143,809.20.
• On Monday, April 20th, Vikram Gupta sold 1,548 shares of Synaptics stock. The shares were sold at an average price of $80.95, for a total value of $125,310.60.
• On Wednesday, February 25th, Vikram Gupta sold 772 shares of Synaptics stock. The stock was sold at an average price of $81.57, for a total value of $62,972.04.

Synaptics Trading Up 8.6%

Shares of Synaptics stock opened at $143.69 on Friday. Synaptics Incorporated has a 12-month low of $57.54 and a 12-month high of $144.23. The stock has a market cap of $5.55 billion, a P/E ratio of -115.88, a P/E/G ratio of 4.24 and a beta of 1.86. The company has a quick ratio of 2.39, a current ratio of 3.04 and a debt-to-equity ratio of 0.62. The business’s 50 day moving average is $90.30 and its 200-day moving average is $82.20.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The company had revenue of $294.20 million for the quarter, compared to analysts’ expectations of $290.51 million. During the same quarter in the prior year, the business posted $0.90 EPS. The business’s revenue was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities research analysts predict that Synaptics Incorporated will post 1.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Synaptics

A number of large investors have recently added to or reduced their stakes in SYNA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Synaptics by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock valued at $5,780,000 after acquiring an additional 4,917 shares during the period. M&T Bank Corp acquired a new position in Synaptics in the 2nd quarter valued at $205,000. First Trust Advisors LP grew its holdings in Synaptics by 9.8% in the 2nd quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock valued at $3,915,000 after buying an additional 5,393 shares in the last quarter. Marshall Wace LLP grew its holdings in Synaptics by 472.1% in the 2nd quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock valued at $5,801,000 after buying an additional 73,848 shares in the last quarter. Finally, Federated Hermes Inc. grew its holdings in Synaptics by 9.1% in the 2nd quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock valued at $1,514,000 after buying an additional 1,939 shares in the last quarter. Institutional investors own 99.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Barclays upped their price objective on Synaptics from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Mizuho set a $128.00 price objective on Synaptics in a research note on Friday, May 8th. Northland Securities set a $123.00 price objective on Synaptics in a research note on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Synaptics presently has a consensus rating of “Moderate Buy” and an average price target of $119.18.

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.