Synaptics (NASDAQ:SYNA) Insider Vikram Gupta Sells 694 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 694 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the completion of the sale, the insider owned 100,082 shares in the company, valued at $7,506,150. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Vikram Gupta also recently made the following trade(s):

• On Friday, December 12th, Vikram Gupta sold 694 shares of Synaptics stock. The stock was sold at an average price of $80.07, for a total transaction of $55,568.58.

Synaptics Price Performance

Shares of SYNA opened at $73.66 on Friday. The company has a 50 day moving average of $69.88 and a two-hundred day moving average of $68.03. The company has a market cap of $2.87 billion, a price-to-earnings ratio of -63.50, a price-to-earnings-growth ratio of 3.09 and a beta of 1.76. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. Synaptics Incorporated has a twelve month low of $41.80 and a twelve month high of $89.81.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Optiver Holding B.V. boosted its holdings in Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after acquiring an additional 170 shares during the period. Johnson Investment Counsel Inc. lifted its position in shares of Synaptics by 6.1% during the second quarter. Johnson Investment Counsel Inc. now owns 3,601 shares of the software maker’s stock worth $233,000 after purchasing an additional 206 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of Synaptics by 0.6% in the second quarter. California State Teachers Retirement System now owns 36,853 shares of the software maker’s stock valued at $2,389,000 after purchasing an additional 209 shares during the period. Nisa Investment Advisors LLC boosted its stake 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 period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Synaptics by 32.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,016 shares of the software maker’s stock valued at $65,000 after purchasing an additional 249 shares in the last quarter. 99.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SYNA. Oppenheimer restated a “market perform” rating on shares of Synaptics in a research note on Tuesday. Rosenblatt Securities reissued a “buy” rating and issued a $95.00 target price on shares of Synaptics in a research report on Tuesday, November 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Synaptics in a research report on Friday, November 7th. Wall Street Zen upgraded Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, TD Cowen raised their price objective on Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Synaptics currently has an average rating of “Moderate Buy” and a consensus price target of $88.67.

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.