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Synaptics, (NASDAQ:SYNA) Director James L. Whims unloaded 31,000 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $80.34, for a total transaction of $2,490,540.00. Following the completion of the transaction, the director now directly owns 16,750 shares in the company, valued at approximately $1,345,695. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on SYNA shares. Analysts at Zacks downgraded shares of Synaptics, from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. They now have a $96.30 price target on the stock. Separately, analysts at Craig Hallum raised their price target on shares of Synaptics, to $96.00 in a research note on Friday, August 1st. Finally, analysts at Needham & Company LLC downgraded shares of Synaptics, from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $85.66.

Synaptics, (NASDAQ:SYNA) traded down 0.25% on Wednesday, hitting $80.51. The stock had a trading volume of 353,967 shares. Synaptics, has a one year low of $37.87 and a one year high of $93.27. The stock has a 50-day moving average of $82.29 and a 200-day moving average of $69.70. The company has a market cap of $2.968 billion and a price-to-earnings ratio of 64.06.

Synaptics, (NASDAQ:SYNA) last announced its earnings results on Thursday, July 31st. The company reported $1.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.42 by $0.04. The company had revenue of $315.00 million for the quarter, compared to the consensus estimate of $305.07 million. During the same quarter in the prior year, the company posted $1.39 earnings per share. The company’s quarterly revenue was up 36.8% on a year-over-year basis. Analysts expect that Synaptics, will post $4.91 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.

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