Synaptics Incorporated (NASDAQ:SYNA – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $75.37 and traded as high as $75.93. Synaptics shares last traded at $74.97, with a volume of 497,397 shares.
Wall Street Analysts Forecast Growth
SYNA has been the subject of several analyst reports. Needham & Company LLC raised their target price on shares of Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Wall Street Zen lowered shares of Synaptics from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. TD Cowen restated a “buy” rating on shares of Synaptics in a report on Friday, February 6th. Rosenblatt Securities raised their target price on shares of Synaptics from $95.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Susquehanna lifted their price objective on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $99.91.
View Our Latest Report on Synaptics
Synaptics Stock Up 1.1%
Synaptics (NASDAQ:SYNA – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, beating 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 business had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. During the same quarter in the previous year, the business posted $0.92 EPS. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities analysts predict that Synaptics Incorporated will post 0.96 EPS for the current year.
Insider Activity
In other news, insider Vikram Gupta sold 772 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were 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 in the company, valued at approximately $7,830,393.72. The trade was a 0.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lisa Bodensteiner sold 576 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total transaction of $48,919.68. Following the completion of the sale, the insider owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This represents a 0.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,454 shares of company stock valued at $202,505. Company insiders own 0.50% of the company’s stock.
Institutional Investors Weigh In On Synaptics
Several large investors have recently modified their holdings of SYNA. LPL Financial LLC grew its position in shares of Synaptics by 3.9% in the 4th quarter. LPL Financial LLC now owns 3,216 shares of the software maker’s stock worth $238,000 after buying an additional 121 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in shares of Synaptics by 1.5% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 8,724 shares of the software maker’s stock worth $646,000 after buying an additional 132 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Synaptics by 0.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock worth $1,146,000 after buying an additional 134 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Synaptics by 4.0% in the 4th quarter. Captrust Financial Advisors now owns 4,262 shares of the software maker’s stock worth $315,000 after buying an additional 163 shares during the last quarter. Finally, Optiver Holding B.V. grew its position in shares of Synaptics by 40.2% in the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after buying an additional 170 shares during the last quarter. Institutional investors own 99.43% of the company’s stock.
About Synaptics
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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