Synaptics (NASDAQ:SYNA) Insider Vikram Gupta Sells 360 Shares

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 360 shares of Synaptics stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $114.20, for a total value of $41,112.00. Following the completion of the sale, the insider directly owned 81,226 shares in the company, valued at $9,276,009.20. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 26th, Vikram Gupta sold 692 shares of Synaptics stock. The stock was sold at an average price of $147.50, for a total value of $102,070.00.
• On Tuesday, May 19th, Vikram Gupta sold 692 shares of Synaptics stock. The shares were sold at an average price of $114.83, for a total value of $79,462.36.

Synaptics Stock Performance

NASDAQ SYNA opened at $110.87 on Wednesday. The stock has a market capitalization of $4.28 billion, a PE ratio of -89.41 and a beta of 1.97. The business has a 50 day simple moving average of $129.18 and a two-hundred day simple moving average of $101.14. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. Synaptics Incorporated has a 1-year low of $58.28 and a 1-year high of $149.11.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $294.20 million for the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, research analysts predict that Synaptics Incorporated will post 1.29 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Wells Fargo & Company lifted their price objective on shares of Synaptics from $155.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 7th. TD Cowen downgraded shares of Synaptics from a “buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Synaptics from a “buy” rating to a “hold” rating and set a $125.00 target price on the stock. in a research report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $133.45.

Institutional Trading of Synaptics

Institutional investors have recently bought and sold shares of the stock. CoreCap Advisors LLC purchased a new position in Synaptics during the second quarter worth $25,000. CIBC Private Wealth Group LLC raised its stake 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 valued at $26,000 after acquiring an additional 190 shares during the period. Leonteq Securities AG purchased a new stake in shares of Synaptics in the fourth quarter valued at $43,000. Lazard Asset Management LLC purchased a new stake in shares of Synaptics in the second quarter valued at $54,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Synaptics in the 4th quarter worth about $70,000. 99.43% of the stock is currently owned by institutional investors.

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.