Wall Street Zen Downgrades Synaptics (NASDAQ:SYNA) to Hold

Synaptics (NASDAQ:SYNA) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Monday.

A number of other analysts have also recently commented on SYNA. Zacks Research upgraded shares of Synaptics from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. Northland Capmk upgraded shares of Synaptics to a “strong-buy” rating in a research note on Tuesday, December 2nd. Wells Fargo & Company assumed coverage on shares of Synaptics in a report on Friday, December 19th. They set an “overweight” rating and a $95.00 price objective on the stock. Oppenheimer restated a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Synaptics Trading Up 9.8%

NASDAQ:SYNA opened at $86.89 on Monday. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of -74.90, a PEG ratio of 3.32 and a beta of 1.71. Synaptics has a 52 week low of $41.80 and a 52 week high of $89.81. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. The firm has a 50 day moving average of $71.46 and a 200 day moving average of $69.25.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, November 6th. The software maker reported $1.09 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $289.93 million. During the same quarter in the prior year, the business posted $0.81 EPS. The business’s revenue for the quarter was up 13.5% compared to the same quarter last year. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, sell-side analysts anticipate that Synaptics will post 0.96 earnings per share for the current fiscal year.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 694 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total value of $52,050.00. Following the completion of the transaction, the insider owned 100,082 shares of the company’s stock, valued at approximately $7,506,150. This represents a 0.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lisa Bodensteiner sold 7,182 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $78.68, for a total value of $565,079.76. Following the completion of the sale, the insider directly owned 75,542 shares in the company, valued at approximately $5,943,644.56. The trade was a 8.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 8,906 shares of company stock valued at $698,177. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Optiver Holding B.V. increased its holdings in Synaptics by 40.2% in the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after acquiring an additional 170 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in shares of Synaptics by 6.1% in the second quarter. Johnson Investment Counsel Inc. now owns 3,601 shares of the software maker’s stock valued at $233,000 after purchasing an additional 206 shares during the period. California State Teachers Retirement System increased its stake in shares of Synaptics by 0.6% during the second quarter. California State Teachers Retirement System now owns 36,853 shares of the software maker’s stock worth $2,389,000 after purchasing an additional 209 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of Synaptics by 50.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock worth $46,000 after purchasing an additional 237 shares during the last quarter. Finally, Stoneridge Investment Partners LLC lifted its stake in Synaptics by 7.5% in the 3rd quarter. Stoneridge Investment Partners LLC now owns 3,653 shares of the software maker’s stock valued at $250,000 after buying an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 99.43% of the company’s stock.

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.