Synaptics (NASDAQ:SYNA) Price Target Cut to $125.00 by Analysts at Susquehanna

Synaptics (NASDAQ:SYNA) had its price objective cut by Susquehanna from $140.00 to $125.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the software maker’s stock.

SYNA has been the subject of a number of other reports. Needham & Company LLC downgraded Synaptics from a “buy” rating to a “hold” rating in a research note on Friday, June 26th. JPMorgan Chase & Co. boosted their price target on shares of Synaptics from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Zacks Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Synaptics from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Finally, Mizuho lifted their target price on shares of Synaptics from $128.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $133.45.

Synaptics Price Performance

SYNA stock opened at $119.32 on Tuesday. Synaptics has a 1 year low of $58.28 and a 1 year high of $149.11. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.04 and a quick ratio of 2.39. The firm has a market capitalization of $4.61 billion, a PE ratio of -96.23, a price-to-earnings-growth ratio of 2.71 and a beta of 1.97. The business has a 50 day simple moving average of $130.25 and a 200-day simple moving average of $99.88.

Synaptics (NASDAQ:SYNA) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $294.20 million for the quarter, compared to the consensus estimate of $290.51 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities research analysts anticipate that Synaptics will post 1.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Synaptics

In other news, insider Esther Song sold 8,833 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $141.17, for a total transaction of $1,246,954.61. Following the completion of the transaction, the insider directly owned 12,421 shares in the company, valued at approximately $1,753,472.57. This represents a 41.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lisa Bodensteiner sold 334 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $138.28, for a total value of $46,185.52. Following the sale, the insider directly owned 61,989 shares of the company’s stock, valued at $8,571,838.92. The trade was a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 12,837 shares of company stock worth $1,706,181 over the last quarter. 0.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. State of Michigan Retirement System boosted its position in Synaptics by 1.1% in the 1st quarter. State of Michigan Retirement System now owns 9,333 shares of the software maker’s stock valued at $654,000 after buying an additional 100 shares during the period. LPL Financial LLC grew its stake in shares of Synaptics by 3.9% in the fourth quarter. LPL Financial LLC now owns 3,216 shares of the software maker’s stock worth $238,000 after acquiring an additional 121 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in shares of Synaptics by 1.5% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 8,724 shares of the software maker’s stock worth $646,000 after acquiring an additional 132 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Synaptics by 0.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock worth $1,146,000 after acquiring an additional 134 shares during the period. Finally, Captrust Financial Advisors raised its stake in shares of Synaptics by 4.0% in the fourth quarter. Captrust Financial Advisors now owns 4,262 shares of the software maker’s stock valued at $315,000 after acquiring an additional 163 shares in the last quarter. Institutional investors and hedge funds 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.