Capital Fund Management S.A. Makes New Investment in Synaptics Incorporated $SYNA

Capital Fund Management S.A. purchased a new stake in shares of Synaptics Incorporated (NASDAQ:SYNA) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 31,653 shares of the software maker’s stock, valued at approximately $2,052,000.

A number of other institutional investors and hedge funds have also modified their holdings of SYNA. Quarry LP boosted its holdings in shares of Synaptics by 220.0% during the 1st quarter. Quarry LP now owns 528 shares of the software maker’s stock worth $34,000 after buying an additional 363 shares during the period. Fifth Third Bancorp lifted its position in Synaptics by 443.1% during the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after acquiring an additional 514 shares during the last quarter. Signaturefd LLC boosted its holdings 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 acquiring an additional 586 shares during the period. Nisa Investment Advisors LLC grew its position in shares of Synaptics by 50.3% in the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after purchasing an additional 237 shares during the last quarter. Finally, UMB Bank n.a. increased 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 purchasing an additional 596 shares during the period. 99.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on SYNA. Northland Capmk raised Synaptics to a “strong-buy” rating in a report on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. Barclays initiated coverage on shares of Synaptics in a research note on Monday, August 18th. They issued an “overweight” rating and a $78.00 price objective on the stock. Northland Securities started coverage on shares of Synaptics in a research note on Tuesday. They set an “outperform” rating and a $85.00 target price for the company. Finally, Rosenblatt Securities restated a “buy” rating and issued a $95.00 price target on shares of Synaptics in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.88.

Synaptics Stock Performance

Shares of NASDAQ SYNA opened at $75.92 on Thursday. The firm has a market capitalization of $2.96 billion, a price-to-earnings ratio of -65.45, a PEG ratio of 2.81 and a beta of 1.76. Synaptics Incorporated has a one year low of $41.80 and a one year high of $89.81. The business has a fifty day simple moving average of $67.95 and a 200 day simple moving average of $66.82. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60.

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

Synaptics declared that its board has initiated a stock buyback program on Thursday, August 7th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the software maker to buy up to 6.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

About Synaptics

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.