Synaptics (NASDAQ:SYNA) Insider Lisa Bodensteiner Sells 334 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 334 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $138.28, for a total transaction of $46,185.52. Following the completion of the transaction, the insider directly owned 61,989 shares in the company, valued at $8,571,838.92. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 Tuesday, May 19th, Lisa Bodensteiner sold 612 shares of Synaptics stock. The stock was sold at an average price of $114.83, for a total transaction of $70,275.96.
• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The shares were sold at an average price of $81.87, for a total transaction of $147,202.26.

Synaptics Stock Up 5.5%

Synaptics stock opened at $140.89 on Friday. The stock has a market cap of $5.44 billion, a P/E ratio of -113.62, a P/E/G ratio of 4.28 and a beta of 1.98. The company has a quick ratio of 2.39, a current ratio of 3.04 and a debt-to-equity ratio of 0.62. Synaptics Incorporated has a twelve month low of $58.28 and a twelve month high of $149.11. The company’s 50-day moving average price is $115.10 and its two-hundred day moving average price is $91.97.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, beating the consensus estimate of $1.01 by $0.08. The company 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 firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, analysts expect that Synaptics Incorporated will post 1.3 EPS for the current year.

Institutional Investors Weigh In On Synaptics

Several institutional investors and hedge funds have recently bought and sold shares of SYNA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Synaptics by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock valued at $5,780,000 after buying an additional 4,917 shares during the period. M&T Bank Corp acquired a new stake in shares of Synaptics during the 2nd quarter worth approximately $205,000. First Trust Advisors LP increased its stake in Synaptics by 9.8% in the second quarter. First Trust Advisors LP now owns 60,393 shares of the software maker’s stock valued at $3,915,000 after acquiring an additional 5,393 shares during the last quarter. Marshall Wace LLP increased its stake in Synaptics by 472.1% in the second quarter. Marshall Wace LLP now owns 89,490 shares of the software maker’s stock valued at $5,801,000 after acquiring an additional 73,848 shares during the last quarter. Finally, Federated Hermes Inc. raised its position in Synaptics by 9.1% during the second quarter. Federated Hermes Inc. now owns 23,352 shares of the software maker’s stock valued at $1,514,000 after purchasing an additional 1,939 shares in the last quarter. Institutional investors own 99.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SYNA. Wall Street Zen downgraded Synaptics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Craig Hallum reaffirmed a “hold” rating and set a $95.00 price target on shares of Synaptics in a research report on Friday, May 8th. Wells Fargo & Company lifted their price objective on shares of Synaptics from $120.00 to $155.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 9th. JPMorgan Chase & Co. boosted their price objective on shares of Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, Barclays increased their target price 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. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Synaptics currently has a consensus rating of “Moderate Buy” and an average price target of $124.18.

Synaptics Company Profile

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.