Synaptics (NASDAQ:SYNA) Rating Increased to Buy at Wall Street Zen

Synaptics (NASDAQ:SYNA) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Sunday.

SYNA has been the subject of several other research reports. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Northland Securities began coverage on shares of Synaptics in a research note on Tuesday, December 2nd. They set an “outperform” rating and a $85.00 price objective for the company. Rosenblatt Securities reiterated a “buy” rating and issued a $95.00 target price on shares of Synaptics in a research note on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Synaptics in a report on Thursday, September 11th. They set a “buy” rating and a $85.00 price target on the stock. Finally, Wells Fargo & Company initiated coverage on shares of Synaptics in a report on Friday, December 19th. They issued an “overweight” rating and a $95.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $88.67.

Synaptics Price Performance

SYNA stock opened at $73.46 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.31 and a current ratio of 2.86. The firm has a 50 day moving average price of $70.67 and a 200-day moving average price of $68.54. Synaptics has a 52-week low of $41.80 and a 52-week high of $89.81. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of -63.33, a PEG ratio of 3.08 and a beta of 1.76.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.03. The company had revenue of $292.50 million for the quarter, compared to the consensus estimate of $289.93 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. Equities research analysts forecast that Synaptics will post 0.96 EPS for the current fiscal year.

Insider Activity at Synaptics

In related news, insider Vikram Gupta sold 694 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the transaction, the insider owned 100,082 shares in the company, valued at $7,506,150. This represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lisa Bodensteiner sold 7,182 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total transaction of $565,079.76. Following the completion of the sale, the insider owned 75,542 shares in the company, valued at $5,943,644.56. This represents a 8.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,906 shares of company stock valued at $698,177 over the last three months. 0.50% of the stock is owned by corporate insiders.

Institutional Trading of Synaptics

Several large investors have recently modified their holdings of the company. Quarry LP increased its position in Synaptics by 220.0% during the first quarter. Quarry LP now owns 528 shares of the software maker’s stock valued at $34,000 after acquiring an additional 363 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Synaptics by 443.1% during the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after purchasing an additional 514 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Synaptics by 143.9% in 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. Optiver Holding B.V. boosted its holdings in shares of Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares during the last quarter. Finally, Signaturefd LLC grew its position in Synaptics by 480.3% during the second quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after buying an additional 586 shares during the period. Institutional investors own 99.43% of the company’s stock.

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.