Synaptics Incorporated $SYNA Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its stake in Synaptics Incorporated (NASDAQ:SYNA) by 27.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 197,952 shares of the software maker’s stock after selling 75,466 shares during the period. BNP Paribas Financial Markets’ holdings in Synaptics were worth $14,652,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Leonteq Securities AG acquired a new stake in Synaptics during the 4th quarter worth $43,000. Optiver Holding B.V. boosted its stake in Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after purchasing an additional 170 shares during the period. Hantz Financial Services Inc. boosted its stake in Synaptics by 143.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after purchasing an additional 351 shares during the period. Lazard Asset Management LLC acquired a new stake in Synaptics during the 2nd quarter worth $54,000. Finally, PNC Financial Services Group Inc. boosted its stake in Synaptics by 21.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,119 shares of the software maker’s stock worth $83,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 99.43% of the company’s stock.

Synaptics Stock Down 13.0%

Shares of Synaptics stock opened at $122.78 on Friday. The company has a market cap of $4.74 billion, a P/E ratio of -99.02, a PEG ratio of 3.93 and a beta of 1.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. Synaptics Incorporated has a one year low of $58.28 and a one year high of $149.11. The firm has a fifty day moving average of $103.62 and a two-hundred day moving average of $87.27.

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SYNA shares. Mizuho set a $128.00 price target on shares of Synaptics in a research note on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. Needham & Company LLC reiterated a “buy” rating and set a $120.00 price target on shares of Synaptics in a research note on Friday, May 8th. JPMorgan Chase & Co. increased their price target on shares of Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Craig Hallum reiterated a “hold” rating and set a $95.00 price target on shares of Synaptics in a research note on Friday, May 8th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $119.18.

Insiders Place Their Bets

In other news, insider Esther Song sold 8,833 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $141.17, for a total value of $1,246,954.61. Following the completion of the transaction, the insider owned 12,421 shares in the company, valued at $1,753,472.57. This trade represents a 41.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $81.87, for a total transaction of $147,202.26. Following the completion of the transaction, the insider owned 65,183 shares of the company’s stock, valued at $5,336,532.21. This represents a 2.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 16,057 shares of company stock worth $1,940,078. 0.50% of the stock is owned by insiders.

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.