JPMorgan Chase & Co. Increases Stock Position in Synaptics Incorporated $SYNA

JPMorgan Chase & Co. raised its stake in shares of Synaptics Incorporated (NASDAQ:SYNA) by 51.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 544,973 shares of the software maker’s stock after acquiring an additional 184,303 shares during the period. JPMorgan Chase & Co. owned approximately 1.40% of Synaptics worth $37,243,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. boosted its position in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after purchasing an additional 594,235 shares during the period. Norges Bank purchased a new stake in Synaptics in the second quarter valued at approximately $25,876,000. AQR Capital Management LLC lifted its stake in Synaptics by 186.2% during the second quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after purchasing an additional 288,523 shares in the last quarter. Squarepoint Ops LLC lifted its stake in Synaptics by 376.6% during the second quarter. Squarepoint Ops LLC now owns 198,269 shares of the software maker’s stock worth $12,852,000 after purchasing an additional 156,671 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Synaptics by 322.0% during the third quarter. Two Sigma Investments LP now owns 127,706 shares of the software maker’s stock worth $8,727,000 after buying an additional 97,444 shares during the period. 99.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research note on Thursday, January 22nd. Craig Hallum reissued a “hold” rating and set a $80.00 target price on shares of Synaptics in a research note on Friday, February 6th. Mizuho raised their target price on Synaptics from $94.00 to $103.00 and gave the company an “outperform” rating in a report on Friday, February 6th. TD Cowen reaffirmed a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Finally, Rosenblatt Securities boosted 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. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $99.91.

Synaptics Stock Down 2.0%

Synaptics stock opened at $71.03 on Friday. The firm has a market capitalization of $2.75 billion, a P/E ratio of -44.67, a P/E/G ratio of 2.87 and a beta of 1.68. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60. Synaptics Incorporated has a twelve month low of $41.80 and a twelve month high of $97.00. The stock’s fifty day simple moving average is $82.86 and its 200-day simple moving average is $75.20.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.06. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The firm had revenue of $302.50 million during the quarter, compared to analyst estimates of $300.31 million. During the same period last year, the business posted $0.92 earnings per share. Synaptics’s 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. As a group, equities analysts expect that Synaptics Incorporated will post 0.96 earnings per share for the current fiscal year.

Insider Transactions at Synaptics

In related news, insider Vikram Gupta sold 772 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total transaction of $62,972.04. Following the sale, the insider directly owned 95,996 shares in the company, valued at approximately $7,830,393.72. This represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lisa Bodensteiner sold 576 shares of Synaptics stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total transaction of $48,919.68. Following the completion of the transaction, the insider owned 72,307 shares of the company’s stock, valued at $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. Over the last three months, insiders have sold 2,454 shares of company stock valued at $202,505. Corporate insiders own 0.50% 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.