Esther Song Sells 126 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Esther Song sold 126 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $138.28, for a total value of $17,423.28. Following the completion of the transaction, the insider directly owned 12,157 shares in the company, valued at $1,681,069.96. This trade represents a 1.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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.

Esther Song also recently made the following trade(s):

• On Thursday, May 28th, Esther Song sold 8,833 shares of Synaptics stock. The shares were sold at an average price of $141.17, for a total value of $1,246,954.61.

Synaptics Stock Performance

Synaptics stock traded up $7.36 during midday trading on Thursday, hitting $140.89. The stock had a trading volume of 1,034,174 shares, compared to its average volume of 782,790. Synaptics Incorporated has a 52-week low of $58.28 and a 52-week high of $149.11. The company has a market capitalization of $5.44 billion, a PE ratio of -113.62, a P/E/G ratio of 4.28 and a beta of 1.98. The firm’s fifty day moving average is $115.10 and its two-hundred day moving average is $91.97. The company has a current ratio of 3.04, a quick ratio of 2.39 and a debt-to-equity ratio of 0.62.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate 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 negative net margin of 4.10% and a positive return on equity of 4.32%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, research analysts forecast that Synaptics Incorporated will post 1.3 EPS for the current year.

Institutional Investors Weigh In On Synaptics

Institutional investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company increased its position in shares of Synaptics by 2,384.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 939,182 shares of the software maker’s stock valued at $65,780,000 after purchasing an additional 901,379 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in 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 worth $60,304,000 after buying an additional 671,647 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Synaptics by 10.0% during the third quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after buying an additional 594,235 shares during the period. AQR Capital Management LLC boosted its stake in Synaptics by 186.2% during the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after buying an additional 288,523 shares during the period. Finally, Primecap Management Co. CA bought a new position in Synaptics during the fourth quarter valued at $15,670,000. 99.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SYNA. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Synaptics in a research note on Friday, May 8th. Craig Hallum reiterated a “hold” rating and set a $95.00 target price on shares of Synaptics in a research report on Friday, May 8th. Rosenblatt Securities raised their target price on shares of Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Barclays boosted their price target on shares of Synaptics from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Finally, Susquehanna increased their price objective on shares of Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Synaptics has a consensus rating of “Moderate Buy” and an average price target of $124.18.

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.