Synaptics Incorporated (NASDAQ:SYNA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Synaptics Incorporated (NASDAQ:SYNA) has earned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $124.1818.

SYNA has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on Synaptics from $120.00 to $155.00 and gave the company an “overweight” rating in a report on Tuesday. Craig Hallum reissued a “hold” rating and issued a $95.00 price objective on shares of Synaptics in a report on Friday, May 8th. Susquehanna raised their price objective on Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a report on Friday, May 8th. Zacks Research raised Synaptics from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Finally, Rosenblatt Securities raised their price objective on Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, May 20th.

Insider Transactions at Synaptics

In other news, insider Lisa Bodensteiner sold 612 shares of Synaptics stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total value of $70,275.96. Following the sale, the insider directly owned 63,106 shares of the company’s stock, valued at $7,246,461.98. The trade was a 0.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikram Gupta sold 692 shares of Synaptics stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $147.50, for a total value of $102,070.00. Following the completion of the sale, the insider directly owned 83,434 shares in the company, valued at $12,306,515. This represents a 0.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 16,057 shares of company stock valued at $1,940,078 over the last ninety days. Insiders own 0.50% of the company’s stock.

Institutional Trading of Synaptics

A number of institutional investors have recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its stake in Synaptics by 119.5% during the fourth 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 during the last quarter. Optiver Holding B.V. boosted its stake 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 buying an additional 170 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after buying an additional 351 shares during the last quarter. Leonteq Securities AG acquired a new position in Synaptics during the fourth quarter worth $43,000. Finally, Lazard Asset Management LLC acquired a new position in Synaptics during the second quarter worth $54,000. 99.43% of the stock is owned by institutional investors and hedge funds.

Synaptics Stock Up 5.6%

Shares of SYNA opened at $136.08 on Friday. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62. Synaptics has a 12 month low of $58.28 and a 12 month high of $149.11. The stock’s 50 day moving average is $108.71 and its two-hundred day moving average is $89.49. The firm has a market cap of $5.26 billion, a P/E ratio of -109.74, a PEG ratio of 4.12 and a beta of 1.98.

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

Synaptics Company Profile

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.