Key Points
- Synaptics insider Esther Song sold 8,833 shares on May 28 at an average price of $141.17, totaling about $1.25 million. After the sale, she still held 12,421 shares, a 41.56% reduction in her position, and the trade was made under a pre-arranged Rule 10b5-1 plan.
- The company recently beat earnings expectations, reporting $1.09 EPS versus the $1.01 consensus and revenue of $294.2 million versus $290.5 million expected. Revenue rose 10.4% year over year, and Synaptics guided Q4 2026 EPS to a range of $1.05 to $1.35.
- Analyst sentiment remains mostly positive, with 10 Buy ratings, three Hold ratings, and one Sell rating. The stock carries a consensus target price of $119.18 and was trading above that level at $137.28, near its 12-month high of $149.11.
Synaptics Incorporated (NASDAQ:SYNA - Get Free Report) insider Esther Song sold 8,833 shares of Synaptics stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $141.17, for a total value of $1,246,954.61. Following the completion of the transaction, the insider 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Synaptics Stock Performance
Synaptics stock opened at $137.28 on Friday. Synaptics Incorporated has a 12-month low of $57.54 and a 12-month high of $149.11. The company has a quick ratio of 2.39, a current ratio of 3.04 and a debt-to-equity ratio of 0.62. The business's 50-day moving average price is $97.17 and its two-hundred day moving average price is $84.78. The stock has a market cap of $5.30 billion, a PE ratio of -110.71, a P/E/G ratio of 4.59 and a beta of 1.86.
Synaptics (NASDAQ:SYNA - Get Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. The firm had revenue of $294.20 million for the quarter, compared to analysts' expectations of $290.51 million. Synaptics had a positive return on equity of 4.32% and a negative net margin of 4.10%.The business's revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.90 earnings per share. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, analysts expect that Synaptics Incorporated will post 1.3 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Synaptics
A number of hedge funds and other institutional investors have recently made changes to their positions in SYNA. CIBC Private Wealth Group LLC lifted its stake in shares of Synaptics by 119.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker's stock worth $26,000 after acquiring an additional 190 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Synaptics by 143.9% in the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker's stock worth $41,000 after acquiring an additional 351 shares during the period. Optiver Holding B.V. lifted its stake in shares of Synaptics by 40.2% in the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker's stock worth $41,000 after acquiring an additional 170 shares during the period. Leonteq Securities AG acquired a new position in Synaptics in the fourth quarter valued at approximately $43,000. Finally, Lazard Asset Management LLC acquired a new position in Synaptics in the second quarter valued at approximately $54,000. 99.43% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the company. Craig Hallum restated a "hold" rating and set a $95.00 price target on shares of Synaptics in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on Synaptics from $100.00 to $115.00 and gave the stock an "overweight" rating in a report on Friday, May 8th. TD Cowen restated a "buy" rating on shares of Synaptics in a report on Friday, February 6th. Barclays boosted their price target on Synaptics from $100.00 to $110.00 and gave the stock an "overweight" rating in a report on Friday, May 8th. Finally, Northland Securities set a $123.00 price target on Synaptics in a report on Friday, May 8th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $119.18.
Check Out Our Latest Research Report on SYNA
Synaptics Company Profile
(
Get Free Report)
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.
Further Reading
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