Synaptics Incorporated (NASDAQ:SYNA) Given Average Recommendation of “Moderate Buy” by Analysts

Synaptics Incorporated (NASDAQ:SYNA) has been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $99.9091.

Several brokerages have commented on SYNA. Wall Street Zen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Barclays reiterated an “overweight” rating and set a $100.00 price objective on shares of Synaptics in a research report on Thursday, January 15th. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a research report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, Wells Fargo & Company boosted their price target on Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 772 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total value of $62,972.04. Following the completion of the sale, the insider owned 95,996 shares of the company’s stock, valued at $7,830,393.72. This represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Lisa Bodensteiner sold 576 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total transaction of $48,919.68. Following the completion of the transaction, the insider owned 72,307 shares of the company’s stock, valued at $6,141,033.51. This represents a 0.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,454 shares of company stock worth $202,505. Company insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Synaptics

Hedge funds have recently modified their holdings of the company. CIBC Private Wealth Group LLC raised its stake in shares of Synaptics by 119.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after buying an additional 190 shares in the last quarter. Leonteq Securities AG bought a new position in Synaptics during the fourth quarter valued at about $43,000. Optiver Holding B.V. grew its holdings in Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after acquiring an additional 170 shares during the period. Hantz Financial Services Inc. raised its position in Synaptics by 143.9% in the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Synaptics in the second quarter worth about $54,000. 99.43% of the stock is currently owned by institutional investors and hedge funds.

Synaptics Stock Performance

Shares of SYNA opened at $68.71 on Friday. The firm has a fifty day moving average of $81.32 and a 200-day moving average of $75.33. The company has a market cap of $2.66 billion, a price-to-earnings ratio of -43.21, a price-to-earnings-growth ratio of 2.78 and a beta of 1.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. Synaptics has a 1 year low of $41.80 and a 1 year high of $97.00.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06. The business had revenue of $302.50 million for the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, equities analysts anticipate that Synaptics will post 0.96 earnings per share for the current year.

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.