SG Americas Securities LLC Purchases 27,187 Shares of Synaptics Incorporated $SYNA

SG Americas Securities LLC lifted its holdings in Synaptics Incorporated (NASDAQ:SYNAFree Report) by 632.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,485 shares of the software maker’s stock after acquiring an additional 27,187 shares during the period. SG Americas Securities LLC owned approximately 0.08% of Synaptics worth $2,152,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp increased its holdings in Synaptics by 443.1% in the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after buying an additional 514 shares during the period. Signaturefd LLC raised its stake in shares of 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 acquiring an additional 586 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in Synaptics by 50.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock worth $46,000 after buying an additional 237 shares during the period. UMB Bank n.a. lifted its stake in shares of Synaptics by 408.2% in the second quarter. UMB Bank n.a. now owns 742 shares of the software maker’s stock worth $48,000 after acquiring an additional 596 shares during the period. Finally, Parallel Advisors LLC boosted its stake in shares of Synaptics by 88.6% in the 2nd quarter. Parallel Advisors LLC now owns 843 shares of the software maker’s stock valued at $55,000 after purchasing an additional 396 shares during the last quarter. Institutional investors own 99.43% of the company’s stock.

Insider Buying and Selling

In other news, insider Lisa Bodensteiner sold 336 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total transaction of $25,478.88. Following the transaction, the insider owned 74,425 shares of the company’s stock, valued at $5,643,647.75. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Vikram Gupta sold 694 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total value of $52,050.00. Following the transaction, the insider owned 100,082 shares of the company’s stock, valued at $7,506,150. The trade was a 0.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,906 shares of company stock worth $698,177 in the last ninety days. 0.50% of the stock is currently owned by insiders.

Synaptics Trading Up 7.2%

NASDAQ SYNA opened at $91.47 on Thursday. The business’s fifty day moving average is $73.23 and its 200-day moving average is $70.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of -78.85, a PEG ratio of 3.58 and a beta of 1.71. Synaptics Incorporated has a one year low of $41.80 and a one year high of $93.93.

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

Analyst Ratings Changes

SYNA has been the subject of several recent analyst reports. Mizuho set a $94.00 price objective on shares of Synaptics in a research report on Friday, January 9th. Wells Fargo & Company initiated coverage on Synaptics in a research report on Friday, December 19th. They issued an “overweight” rating and a $95.00 price target for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $95.00 price objective on shares of Synaptics in a report on Tuesday, November 11th. Northland Securities increased their target price on shares of Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Monday, December 29th. Finally, Needham & Company LLC reissued a “buy” rating and set a $85.00 price target on shares of Synaptics in a research report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Synaptics currently has an average rating of “Moderate Buy” and an average price target of $92.56.

View Our Latest Stock Analysis on SYNA

About Synaptics

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Synaptics (NASDAQ:SYNA)

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