Synaptics (NASDAQ:SYNA) Price Target Raised to $125.00 at Susquehanna

Synaptics (NASDAQ:SYNAFree Report) had its price objective increased by Susquehanna from $105.00 to $125.00 in a research note released on Friday, Marketbeat Ratings reports. They currently have a positive rating on the software maker’s stock.

Several other equities research analysts also recently commented on SYNA. Mizuho upped their price objective on shares of Synaptics from $94.00 to $103.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Barclays reaffirmed an “overweight” rating and set a $100.00 price objective on shares of Synaptics in a report on Thursday, January 15th. Craig Hallum reaffirmed a “hold” rating and set a $80.00 price objective on shares of Synaptics in a report on Friday, February 6th. JPMorgan Chase & Co. upped their price objective on shares of Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Finally, Wells Fargo & Company upped their price objective on shares of Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.18.

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Synaptics Stock Performance

NASDAQ SYNA opened at $125.43 on Friday. Synaptics has a 1 year low of $57.54 and a 1 year high of $129.78. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of -101.15, a PEG ratio of 4.01 and a beta of 1.86. The company has a fifty day moving average price of $79.18 and a 200-day moving average price of $77.86.

Synaptics (NASDAQ:SYNAGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 negative net margin of 4.10% and a positive return on equity of 4.29%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 EPS. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, equities research analysts predict that Synaptics will post 1.18 EPS for the current fiscal year.

Insider Activity at Synaptics

In related news, insider Vikram Gupta sold 1,548 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $92.90, for a total transaction of $143,809.20. Following the transaction, the insider owned 87,382 shares of the company’s stock, valued at approximately $8,117,787.80. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 1,798 shares of the business’s stock in a transaction dated 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 approximately $5,336,532.21. This trade represents a 2.68% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Over the last 90 days, insiders sold 7,348 shares of company stock worth $618,827. 0.50% of the stock is owned by company insiders.

Institutional Trading of Synaptics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State of Michigan Retirement System lifted its stake in Synaptics by 1.1% in the first quarter. State of Michigan Retirement System now owns 9,333 shares of the software maker’s stock worth $654,000 after acquiring an additional 100 shares during the period. LPL Financial LLC lifted its stake in Synaptics by 3.9% in the fourth quarter. LPL Financial LLC now owns 3,216 shares of the software maker’s stock worth $238,000 after acquiring an additional 121 shares during the period. Northwestern Mutual Investment Management Company LLC raised its holdings in Synaptics by 1.5% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 8,724 shares of the software maker’s stock worth $646,000 after purchasing an additional 132 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Synaptics by 0.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock worth $1,146,000 after purchasing an additional 134 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in Synaptics by 4.0% in the fourth quarter. Captrust Financial Advisors now owns 4,262 shares of the software maker’s stock worth $315,000 after purchasing an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Key Headlines Impacting Synaptics

Here are the key news stories impacting Synaptics this week:

About Synaptics

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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.

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Analyst Recommendations for Synaptics (NASDAQ:SYNA)

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