Synaptics Incorporated (NASDAQ:SYNA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Synaptics Incorporated (NASDAQ:SYNA) have earned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $99.9091.

SYNA has been the subject of several recent research reports. Rosenblatt Securities lifted their price objective on Synaptics from $95.00 to $125.00 and gave the company a “buy” rating in a report on Friday, February 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research report on Thursday, January 22nd. Wells Fargo & Company upped their price target on shares of Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. increased their price objective on shares of Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, TD Cowen reissued a “buy” rating on shares of Synaptics in a research note on Friday, February 6th.

Synaptics Trading Down 5.5%

Shares of SYNA opened at $77.06 on Wednesday. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of -48.47, a PEG ratio of 3.30 and a beta of 1.68. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. Synaptics has a 1-year low of $41.80 and a 1-year high of $97.00. The company has a 50-day moving average of $83.78 and a 200 day moving average of $74.82.

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

Insider Buying and Selling at Synaptics

In other Synaptics news, insider Lisa Bodensteiner sold 7,182 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $78.68, for a total value of $565,079.76. Following the completion of the transaction, the insider directly owned 75,542 shares in the company, valued at approximately $5,943,644.56. The trade was a 8.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Vikram Gupta sold 772 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the completion of the sale, the insider owned 95,996 shares in the company, valued at $7,830,393.72. This represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 11,026 shares of company stock valued at $875,689. Corporate insiders own 0.50% of the company’s stock.

Institutional Trading of Synaptics

Large investors have recently bought and sold shares of the stock. LPL Financial LLC increased its position 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 valued at $238,000 after buying an additional 121 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in 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 purchasing an additional 132 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Synaptics by 0.9% during 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 raised its position in shares of Synaptics by 4.0% during the 4th quarter. Captrust Financial Advisors now owns 4,262 shares of the software maker’s stock valued at $315,000 after buying an additional 163 shares during the period. Finally, Optiver Holding B.V. lifted its holdings in Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after acquiring an additional 170 shares during the last quarter. Hedge funds and other 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.