Synaptics Incorporated (NASDAQ:SYNA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Synaptics Incorporated (NASDAQ:SYNA) have received an average recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $99.9091.

A number of research firms recently commented on SYNA. Wall Street Zen cut Synaptics from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Susquehanna upped their target price on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a report on Thursday, January 22nd. Northland Securities boosted their price objective on shares of Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Monday, December 29th. Finally, Craig Hallum reissued a “hold” rating and set a $80.00 price objective on shares of Synaptics in a research note on Friday, February 6th.

Insider Buying and Selling at Synaptics

In other Synaptics news, insider Lisa Bodensteiner sold 576 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total value of $48,919.68. Following the completion of the transaction, the insider directly owned 72,307 shares in the company, valued at approximately $6,141,033.51. The trade was a 0.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Vikram Gupta sold 772 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total value of $62,972.04. Following the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,454 shares of company stock valued at $202,505 over the last quarter. 0.50% of the stock is currently owned by insiders.

Institutional Trading of Synaptics

A number of hedge funds have recently added to or reduced their stakes in SYNA. LPL Financial LLC grew its holdings in shares of Synaptics by 3.9% during the fourth quarter. LPL Financial LLC now owns 3,216 shares of the software maker’s stock valued at $238,000 after purchasing an additional 121 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its holdings 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 purchasing an additional 132 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings 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 purchasing an additional 134 shares during the last quarter. Captrust Financial Advisors boosted its position in 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 purchasing an additional 163 shares during the period. Finally, Optiver Holding B.V. grew its stake in Synaptics by 40.2% during 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. 99.43% of the stock is owned by institutional investors and hedge funds.

Synaptics Trading Down 6.1%

Shares of Synaptics stock opened at $68.71 on Friday. The company has a 50-day moving average of $81.32 and a two-hundred day moving average of $75.33. Synaptics has a 12-month low of $41.80 and a 12-month high of $97.00. The company has a current ratio of 2.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.60. The stock has a market cap of $2.66 billion, a PE ratio of -43.21, a price-to-earnings-growth ratio of 2.78 and a beta of 1.68.

Synaptics (NASDAQ:SYNA) last announced its quarterly 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 positive return on equity of 4.77% and a negative net margin of 5.41%.The business had revenue of $302.50 million for the quarter, compared to analyst estimates of $300.31 million. During the same quarter in the previous year, the company earned $0.92 EPS. The company’s quarterly revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, research analysts anticipate that Synaptics will post 0.96 EPS for the current fiscal year.

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.