Vikram Gupta Sells 1,548 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 1,548 shares of the business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $80.95, for a total value of $125,310.60. Following the completion of the sale, the insider owned 88,930 shares in the company, valued at $7,198,883.50. This represents a 1.71% decrease in their ownership of the stock. The transaction 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.

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

• On Wednesday, February 25th, Vikram Gupta sold 772 shares of Synaptics stock. The stock was sold at an average price of $81.57, for a total value of $62,972.04.
• On Wednesday, February 18th, Vikram Gupta sold 772 shares of Synaptics stock. The stock was sold at an average price of $85.00, for a total value of $65,620.00.

Synaptics Price Performance

NASDAQ:SYNA opened at $84.66 on Thursday. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $3.28 billion, a P/E ratio of -53.25, a P/E/G ratio of 3.29 and a beta of 1.71. Synaptics Incorporated has a 12 month low of $51.03 and a 12 month high of $97.00. The business’s 50-day moving average is $77.53 and its 200 day moving average is $76.04.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06. The company had revenue of $302.50 million for the quarter, compared to the consensus estimate of $300.31 million. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, equities research analysts forecast that Synaptics Incorporated will post 1.18 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Synaptics

Hedge funds and other institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC raised its holdings in shares of Synaptics by 119.5% in 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 period. Leonteq Securities AG purchased a new stake in shares of Synaptics in the fourth quarter worth approximately $43,000. Optiver Holding B.V. raised its holdings in shares of Synaptics by 40.2% in 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 period. Hantz Financial Services Inc. raised its holdings in shares of Synaptics by 143.9% in 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 period. Finally, Lazard Asset Management LLC purchased a new stake in shares of Synaptics in the second quarter worth approximately $54,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Craig Hallum restated a “hold” rating and set a $80.00 price objective on shares of Synaptics in a research report on Friday, February 6th. Wells Fargo & Company upped their price objective on Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. TD Cowen restated a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Northland Securities upped their price objective on Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. upped their price objective on Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Synaptics has a consensus rating of “Moderate Buy” and an average target price of $99.91.

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.