Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells $46,185.52 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 334 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $138.28, for a total value of $46,185.52. Following the completion of the transaction, the insider owned 61,989 shares in the company, valued at $8,571,838.92. The trade was a 0.54% decrease in their position. The sale was disclosed in a filing 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.

Lisa Bodensteiner also recently made the following trade(s):

• On Tuesday, May 19th, Lisa Bodensteiner sold 612 shares of Synaptics stock. The stock was sold at an average price of $114.83, for a total value of $70,275.96.
• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The stock was sold at an average price of $81.87, for a total transaction of $147,202.26.

Synaptics Price Performance

Shares of SYNA opened at $140.89 on Friday. The company’s 50-day moving average price is $116.39 and its 200 day moving average price is $92.31. 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 Incorporated has a 12-month low of $58.28 and a 12-month high of $149.11. The firm has a market cap of $5.44 billion, a P/E ratio of -113.62, a price-to-earnings-growth ratio of 4.51 and a beta of 1.98.

Synaptics (NASDAQ:SYNA) last posted 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 negative net margin of 4.10% and a positive return on equity of 4.32%. The business had revenue of $294.20 million during the quarter, compared to analyst estimates of $290.51 million. During the same quarter last year, the firm posted $0.90 earnings per share. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, sell-side analysts forecast that Synaptics Incorporated will post 1.3 earnings per share for the current year.

Institutional Investors Weigh In On Synaptics

A number of hedge funds and other institutional investors have recently modified their holdings of SYNA. State of Michigan Retirement System grew its holdings in shares of Synaptics by 1.1% in the 1st quarter. State of Michigan Retirement System now owns 9,333 shares of the software maker’s stock worth $654,000 after acquiring an additional 100 shares during the last quarter. LPL Financial LLC increased its stake in Synaptics by 3.9% in the 4th quarter. LPL Financial LLC now owns 3,216 shares of the software maker’s stock worth $238,000 after purchasing an additional 121 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in Synaptics by 1.5% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 8,724 shares of the software maker’s stock worth $646,000 after buying an additional 132 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Synaptics by 0.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock valued at $1,146,000 after buying an additional 134 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in shares of Synaptics by 4.0% in the fourth quarter. Captrust Financial Advisors now owns 4,262 shares of the software maker’s stock worth $315,000 after buying an additional 163 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 analysts have recently issued reports on the company. Susquehanna boosted their target price on Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a report on Friday, May 8th. Zacks Research upgraded 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 note on Tuesday, April 21st. JPMorgan Chase & Co. raised their price target on Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, Northland Securities set a $123.00 price target on Synaptics in a research note on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Synaptics presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.18.

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.