Dean Capital Management Lowers Stock Position in Synaptics Incorporated $SYNA

Dean Capital Management cut its holdings in shares of Synaptics Incorporated (NASDAQ:SYNA) by 35.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,513 shares of the software maker’s stock after selling 8,705 shares during the period. Dean Capital Management’s holdings in Synaptics were worth $1,148,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its stake in 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 in the last quarter. Optiver Holding B.V. boosted its position in Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after acquiring an additional 170 shares in the last quarter. Leonteq Securities AG bought a new stake in Synaptics during the 4th quarter valued at $43,000. Lazard Asset Management LLC purchased a new position in shares of Synaptics in the 2nd quarter valued at $54,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Synaptics in the 4th quarter valued at $70,000. 99.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on SYNA shares. JPMorgan Chase & Co. boosted their price target on Synaptics from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Wells Fargo & Company raised their price objective on Synaptics from $120.00 to $155.00 and gave the company an “overweight” rating in a research report on Tuesday, June 9th. Barclays lifted their target price on Synaptics from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a report on Tuesday, April 21st. Finally, Susquehanna raised their price target on shares of Synaptics from $105.00 to $125.00 and gave the company a “positive” rating in a 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 has a consensus rating of “Moderate Buy” and a consensus target price of $124.18.

Insider Transactions at Synaptics

In other news, insider Lisa Bodensteiner sold 334 shares of the company’s 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 transaction, the insider owned 61,989 shares in the company, valued at $8,571,838.92. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through 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. Also, insider Esther Song sold 8,833 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the transaction, the insider directly owned 12,421 shares of the company’s stock, valued at $1,753,472.57. The trade was a 41.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 16,183 shares of company stock worth $1,978,694. Insiders own 0.50% of the company’s stock.

Synaptics Stock Up 5.5%

Synaptics stock opened at $140.89 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of -113.62, a PEG ratio of 4.28 and a beta of 1.98. Synaptics Incorporated has a 1-year low of $58.28 and a 1-year high of $149.11. The business has a fifty day moving average price of $115.10 and a 200-day moving average price of $91.97.

Synaptics (NASDAQ:SYNA) last announced its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The company had revenue of $294.20 million for the quarter, compared to analyst estimates of $290.51 million. During the same period in the prior year, the company posted $0.90 EPS. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities research analysts forecast that Synaptics Incorporated will post 1.3 EPS for the current fiscal year.

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.