Synaptics Incorporated $SYNA Stock Position Lifted by Signaturefd LLC

Signaturefd LLC lifted its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 480.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 708 shares of the software maker’s stock after purchasing an additional 586 shares during the quarter. Signaturefd LLC’s holdings in Synaptics were worth $46,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Synaptics in the first quarter worth $25,000. Parallel Advisors LLC lifted its holdings in shares of Synaptics by 151.1% in the first quarter. Parallel Advisors LLC now owns 447 shares of the software maker’s stock valued at $28,000 after buying an additional 269 shares during the period. Quarry LP lifted its holdings in shares of Synaptics by 220.0% in the first quarter. Quarry LP now owns 528 shares of the software maker’s stock valued at $34,000 after buying an additional 363 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of Synaptics in the first quarter valued at $35,000. Finally, Fifth Third Bancorp lifted its holdings in shares of Synaptics by 443.1% in the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after buying an additional 514 shares during the period. Institutional investors own 99.43% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Synaptics in a report on Thursday, September 11th. They issued a “buy” rating and a $85.00 price objective for the company. Barclays assumed coverage on Synaptics in a report on Monday, August 18th. They issued an “overweight” rating and a $78.00 price objective for the company. Weiss Ratings restated a “sell (d)” rating on shares of Synaptics in a report on Saturday, September 27th. Zacks Research upgraded Synaptics from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Finally, Wall Street Zen lowered Synaptics from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Synaptics presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.43.

Synaptics Trading Down 0.5%

Shares of NASDAQ SYNA opened at $68.83 on Tuesday. Synaptics Incorporated has a 12 month low of $41.80 and a 12 month high of $89.81. The company has a market cap of $2.66 billion, a price-to-earnings ratio of -56.88 and a beta of 1.63. The company has a quick ratio of 2.26, a current ratio of 2.78 and a debt-to-equity ratio of 0.60. The business has a fifty day simple moving average of $68.33 and a 200-day simple moving average of $63.40.

Synaptics (NASDAQ:SYNA) last announced its earnings results on Thursday, August 7th. The software maker reported $1.01 EPS for the quarter, beating the consensus estimate of $1.00 by $0.01. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.45%.The business had revenue of $282.80 million during the quarter, compared to the consensus estimate of $280.12 million. During the same period in the prior year, the business posted $0.64 earnings per share. Synaptics’s revenue was up 14.3% compared to the same quarter last year. Synaptics has set its Q1 2026 guidance at 1.490-1.690 EPS. Sell-side analysts predict that Synaptics Incorporated will post 0.96 EPS for the current year.

Synaptics announced that its Board of Directors has initiated a stock repurchase program on Thursday, August 7th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the software maker to purchase up to 6.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Synaptics Company Profile

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.