Synaptics Incorporated $SYNA Holdings Lifted by Ameriprise Financial Inc.

Ameriprise Financial Inc. boosted its holdings in shares of Synaptics Incorporated (NASDAQ:SYNA) by 10.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,529,713 shares of the software maker’s stock after buying an additional 594,235 shares during the period. Ameriprise Financial Inc. owned approximately 16.75% of Synaptics worth $446,241,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Synaptics by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,704 shares of the software maker’s stock worth $5,780,000 after acquiring an additional 4,917 shares during the period. Bank of Montreal Can lifted its position in shares of Synaptics by 12.7% in the second quarter. Bank of Montreal Can now owns 6,344 shares of the software maker’s stock worth $411,000 after purchasing an additional 714 shares in the last quarter. Police & Firemen s Retirement System of New Jersey lifted its position in shares of Synaptics by 5.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,147 shares of the software maker’s stock worth $593,000 after purchasing an additional 502 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Synaptics by 5.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,903 shares of the software maker’s stock worth $642,000 after purchasing an additional 536 shares during the period. Finally, Creative Planning boosted its holdings in shares of Synaptics by 61.5% during the second quarter. Creative Planning now owns 24,099 shares of the software maker’s stock worth $1,562,000 after purchasing an additional 9,181 shares during the period. 99.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Synaptics

In other Synaptics news, insider Vikram Gupta sold 772 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total value of $62,972.04. Following the completion of the sale, the insider owned 95,996 shares of the company’s stock, valued at $7,830,393.72. The trade was a 0.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lisa Bodensteiner sold 576 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total value of $48,919.68. Following the sale, the insider owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This trade represents a 0.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,150 shares of company stock worth $255,041 over the last three months. Company insiders own 0.50% of the company’s stock.

Synaptics Price Performance

Shares of SYNA opened at $73.87 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93. The firm has a market cap of $2.86 billion, a PE ratio of -46.46, a PEG ratio of 2.99 and a beta of 1.68. The firm’s 50 day moving average price is $83.83 and its 200 day moving average price is $75.12. Synaptics Incorporated has a twelve month low of $41.80 and a twelve month high of $97.00.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping the consensus estimate of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The company had revenue of $302.50 million during the quarter, compared to the consensus estimate of $300.31 million. During the same period in the previous year, the firm posted $0.92 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. As a group, research analysts expect that Synaptics Incorporated will post 0.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SYNA has been the topic of several research reports. Oppenheimer reiterated a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Needham & Company LLC lifted their target price on shares of Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. boosted their price target on shares of Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Rosenblatt Securities upped their price target on shares of Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Synaptics has an average rating of “Moderate Buy” and an average price target of $99.91.

Synaptics 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.