Share on StockTwits

Synaptics (NASDAQ:SYNA) SVP Kevin Barber unloaded 7,500 shares of Synaptics stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $53.46, for a total transaction of $400,950.00. Following the sale, the senior vice president now directly owns 5,286 shares of the company’s stock, valued at approximately $282,590. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

SYNA has been the subject of a number of recent research reports. Analysts at Feltl & Co. raised their price target on shares of Synaptics from $48.00 to $52.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Zacks upgraded shares of Synaptics from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday. They now have a $56.40 price target on the stock. Finally, analysts at Cross Research initiated coverage on shares of Synaptics in a research note to investors on Monday, December 9th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Synaptics currently has a consensus rating of “Buy” and an average target price of $53.11.

Synaptics (NASDAQ:SYNA) traded up 2.00% on Friday, hitting $54.60. 976,763 shares of the company’s stock traded hands. Synaptics has a 1-year low of $31.12 and a 1-year high of $56.50. The stock’s 50-day moving average is $50.49 and its 200-day moving average is $45.12. The company has a market cap of $1.807 billion and a P/E ratio of 14.44.

Synaptics (NASDAQ:SYNA) last released its earnings data on Thursday, October 24th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.08. The company had revenue of $222.60 million for the quarter, compared to the consensus estimate of $219.18 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 75.3% on a year-over-year basis. Analysts expect that Synaptics will post $3.70 EPS for the current fiscal year.

Synaptics Incorporated is a developer and supplier of custom-designed human interface solutions that enable people to interact with a range of mobile computing, communications, entertainment, and other electronic devices.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.