Capital Fund Management S.A. Makes New Investment in Synaptics Incorporated $SYNA

Capital Fund Management S.A. bought a new position in Synaptics Incorporated (NASDAQ:SYNA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 31,653 shares of the software maker’s stock, valued at approximately $2,052,000. Capital Fund Management S.A. owned 0.08% of Synaptics at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Johnson Investment Counsel Inc. lifted its position in shares of Synaptics by 6.1% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 3,601 shares of the software maker’s stock valued at $233,000 after acquiring an additional 206 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Synaptics by 50.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after purchasing an additional 237 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Synaptics by 32.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,016 shares of the software maker’s stock valued at $65,000 after purchasing an additional 249 shares in the last quarter. 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 purchasing an additional 363 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of Synaptics by 88.6% in the second quarter. Parallel Advisors LLC now owns 843 shares of the software maker’s stock worth $55,000 after buying an additional 396 shares during the period. 99.43% of the stock is owned by hedge funds and other institutional investors.

Synaptics Price Performance

NASDAQ SYNA opened at $75.92 on Thursday. The company has a quick ratio of 2.31, a current ratio of 2.86 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2.96 billion, a PE ratio of -65.45, a price-to-earnings-growth ratio of 2.81 and a beta of 1.76. Synaptics Incorporated has a 12-month low of $41.80 and a 12-month high of $89.81. The company has a 50 day moving average price of $67.95 and a two-hundred day moving average price of $66.82.

Synaptics (NASDAQ:SYNA) last announced its quarterly 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. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The company had revenue of $292.50 million for the quarter, compared to analyst estimates of $289.93 million. During the same quarter in the prior year, the business posted $0.81 EPS. Synaptics’s quarterly revenue was up 13.5% on a year-over-year basis. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, equities analysts predict that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Synaptics declared that its board has authorized a stock buyback plan on Thursday, August 7th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the software maker to repurchase up to 6.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

SYNA has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Deutsche Bank Aktiengesellschaft began coverage on shares of Synaptics in a report on Thursday, September 11th. They set a “buy” rating and a $85.00 price target for the company. Needham & Company LLC reiterated a “buy” rating and issued a $85.00 price objective on shares of Synaptics in a research note on Friday, November 7th. Finally, TD Cowen increased their target price on shares of Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $87.88.

About Synaptics

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.