Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells $17,423.28 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Esther Song sold 126 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $138.28, for a total value of $17,423.28. Following the transaction, the insider owned 12,157 shares in the company, valued at $1,681,069.96. This trade represents a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Esther Song also recently made the following trade(s):

• On Thursday, May 28th, Esther Song sold 8,833 shares of Synaptics stock. The shares were sold at an average price of $141.17, for a total value of $1,246,954.61.

Synaptics Stock Performance

NASDAQ SYNA opened at $140.89 on Friday. The company has a market cap of $5.44 billion, a P/E ratio of -113.62, a P/E/G ratio of 4.51 and a beta of 1.98. Synaptics Incorporated has a 12 month low of $58.28 and a 12 month high of $149.11. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The company has a 50-day moving average of $116.39 and a 200-day moving average of $92.31.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $294.20 million during the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. Synaptics’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, equities analysts predict that Synaptics Incorporated will post 1.3 earnings per share for the current year.

Hedge Funds Weigh In On Synaptics

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its stake in shares of Synaptics by 51.1% in the third quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after buying an additional 184,303 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after acquiring an additional 594,235 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in Synaptics during the 3rd quarter worth approximately $1,200,000. Intech Investment Management LLC boosted its holdings in Synaptics by 186.4% in the 4th quarter. Intech Investment Management LLC now owns 70,287 shares of the software maker’s stock worth $5,203,000 after acquiring an additional 45,746 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in Synaptics in the 3rd quarter worth approximately $6,404,000. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SYNA. Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Synaptics in a report on Friday, May 8th. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research report on Tuesday, April 21st. Barclays upped their price target on Synaptics from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Northland Securities set a $123.00 price objective on Synaptics in a research note on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $124.18.

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.