Vikram Gupta Sells 692 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 692 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $147.50, for a total transaction of $102,070.00. Following the transaction, the insider directly owned 83,434 shares in the company, valued at $12,306,515. The trade was a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 Tuesday, May 19th, Vikram Gupta sold 692 shares of Synaptics stock. The shares were sold at an average price of $114.83, for a total value of $79,462.36.
• 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.

Synaptics Trading Up 1.1%

Shares of NASDAQ:SYNA opened at $143.26 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. The stock’s 50-day moving average is $95.87 and its 200-day moving average is $84.41. Synaptics Incorporated has a 52-week low of $57.54 and a 52-week high of $149.11. The company has a market cap of $5.54 billion, a P/E ratio of -115.53, a P/E/G ratio of 4.53 and a beta of 1.86.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.08. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The business had revenue of $294.20 million during the quarter, compared to analysts’ expectations of $290.51 million. During the same quarter last year, the company earned $0.90 earnings per share. The firm’s revenue was up 10.4% on a year-over-year basis. 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 year.

Institutional Investors Weigh In On Synaptics

Several institutional investors and hedge funds have recently added to or reduced their stakes in SYNA. CIBC Private Wealth Group LLC raised its holdings in shares of Synaptics by 119.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after purchasing an additional 190 shares during the period. Hantz Financial Services Inc. grew its position in shares of 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 in the last quarter. Optiver Holding B.V. boosted its position in shares of 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 acquiring an additional 170 shares in the last quarter. Leonteq Securities AG acquired a new stake in shares of Synaptics during the 4th quarter worth approximately $43,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of Synaptics during the 2nd quarter worth approximately $54,000. 99.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SYNA has been the subject of a number of analyst reports. Susquehanna raised their price target on shares of Synaptics from $105.00 to $125.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Craig Hallum reissued a “hold” rating and issued a $95.00 price target on shares of Synaptics in a report on Friday, May 8th. Rosenblatt Securities raised their price target on shares of Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Needham & Company LLC reissued a “buy” rating and issued a $120.00 price target on shares of Synaptics in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.