Synaptics (NASDAQ:SYNA) Shares Down 6.4% – What’s Next?

Synaptics Incorporated (NASDAQ:SYNA) fell 6.4% on Wednesday . The stock traded as low as $81.31 and last traded at $81.35. 414,031 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 701,213 shares. The stock had previously closed at $86.89.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. TD Cowen raised their price target on shares of Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Monday. Mizuho set a $94.00 price target on shares of Synaptics in a report on Friday. Finally, Northland Securities upped their price target on Synaptics from $85.00 to $106.00 and gave the stock an “outperform” rating in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, two have assigned a Hold rating and one has 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 price target of $92.56.

Synaptics Stock Down 0.5%

The stock has a market capitalization of $3.20 billion, a P/E ratio of -70.75, a P/E/G ratio of 3.46 and a beta of 1.71. The firm has a 50-day simple moving average of $72.19 and a 200 day simple moving average of $69.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31.

Synaptics (NASDAQ:SYNA) last announced its earnings results on Thursday, November 6th. The software maker reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. The firm had revenue of $292.50 million for the quarter, compared to the consensus estimate of $289.93 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, equities research analysts forecast that Synaptics Incorporated will post 0.96 EPS for the current year.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 694 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the transaction, the insider directly owned 100,082 shares of the company’s stock, valued at $7,506,150. This trade represents a 0.69% 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. Also, insider Lisa Bodensteiner sold 7,182 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total transaction of $565,079.76. Following the completion of the sale, the insider directly owned 75,542 shares of the company’s stock, valued at $5,943,644.56. The trade was a 8.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,906 shares of company stock worth $698,177 over the last three months. 0.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Synaptics

Several institutional investors have recently made changes to their positions in SYNA. Optiver Holding B.V. increased its stake in Synaptics by 40.2% in the third 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 during the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of Synaptics by 6.1% during the second quarter. Johnson Investment Counsel Inc. now owns 3,601 shares of the software maker’s stock valued at $233,000 after purchasing an additional 206 shares in the last quarter. California State Teachers Retirement System grew its position in shares of Synaptics by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 36,853 shares of the software maker’s stock worth $2,389,000 after buying an additional 209 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Synaptics by 50.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock worth $46,000 after buying an additional 237 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Synaptics by 3.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,617 shares of the software maker’s stock valued at $490,000 after purchasing an additional 239 shares during the last quarter. Hedge funds and other institutional investors own 99.43% of the company’s stock.

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.