Lisa Bodensteiner Sells 1,798 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 1,798 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $81.87, for a total value of $147,202.26. Following the completion of the sale, the insider directly owned 65,183 shares of the company’s stock, valued at $5,336,532.21. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 Wednesday, March 18th, Lisa Bodensteiner sold 334 shares of Synaptics stock. The shares were sold at an average price of $74.83, for a total value of $24,993.22.
• On Wednesday, February 18th, Lisa Bodensteiner sold 576 shares of Synaptics stock. The shares were sold at an average price of $84.93, for a total value of $48,919.68.

Synaptics Trading Down 2.5%

NASDAQ:SYNA opened at $84.66 on Thursday. The stock has a fifty day moving average price of $77.53 and a two-hundred day moving average price of $76.04. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of -53.25, a PEG ratio of 3.29 and a beta of 1.71. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. Synaptics Incorporated has a 1 year low of $51.03 and a 1 year high of $97.00.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.06. The firm had revenue of $302.50 million during the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.Synaptics’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 earnings per share. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, sell-side analysts anticipate that Synaptics Incorporated will post 1.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SYNA has been the topic of several recent analyst reports. Craig Hallum restated a “hold” rating and set a $80.00 target price on shares of Synaptics in a research report on Friday, February 6th. Wall Street Zen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Wells Fargo & Company upped their target price on shares of Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Mizuho upped their target price on shares of Synaptics from $94.00 to $103.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Finally, TD Cowen restated a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Ten investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $99.91.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its position in shares of Synaptics by 10.0% in the third quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after purchasing an additional 594,235 shares during the last quarter. State Street Corp grew its position in shares of Synaptics by 0.5% in the second quarter. State Street Corp now owns 2,039,202 shares of the software maker’s stock valued at $132,181,000 after purchasing an additional 9,335 shares during the last quarter. Orbis Allan Gray Ltd grew its position in shares of Synaptics by 9.9% in the fourth quarter. Orbis Allan Gray Ltd now owns 1,536,228 shares of the software maker’s stock valued at $113,712,000 after purchasing an additional 137,926 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Synaptics by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 1,000,456 shares of the software maker’s stock valued at $74,066,000 after purchasing an additional 17,088 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Synaptics by 469.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock valued at $60,304,000 after purchasing an additional 671,647 shares during the last quarter. 99.43% of the stock is currently owned by institutional investors and hedge funds.

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.