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Synaptics, (NASDAQ:SYNA) CEO Rick Bergman unloaded 11,250 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $80.10, for a total transaction of $901,125.00. Following the completion of the sale, the chief executive officer now directly owns 29,486 shares of the company’s stock, valued at approximately $2,361,829. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Several analysts have recently commented on the stock. 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 research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $85.66.

Shares of Synaptics, (NASDAQ:SYNA) traded down 0.19% during mid-day trading on Friday, hitting $80.17. The stock had a trading volume of 424,121 shares. Synaptics, has a 1-year low of $37.87 and a 1-year high of $93.27. The stock has a 50-day moving average of $81.6 and a 200-day moving average of $69.96. The company has a market cap of $2.955 billion and a P/E ratio of 63.75.

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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