Synaptics (NASDAQ:SYNA) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Synaptics (NASDAQ:SYNA – Free Report) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

A number of other equities research analysts have also weighed in on the stock. TD Cowen reiterated a “buy” rating on shares of Synaptics in a research note on Friday, February 6th. Needham & Company LLC upped their price objective on Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research report on Thursday, January 22nd. 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. Finally, Wells Fargo & Company lifted their price target on shares of Synaptics from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Ten research 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 an average target price of $99.91.

Check Out Our Latest Stock Analysis on SYNA

Synaptics Trading Up 0.1%

Shares of NASDAQ:SYNA opened at $81.51 on Friday. 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 market cap of $3.16 billion, a P/E ratio of -51.26, a PEG ratio of 3.30 and a beta of 1.68. The stock’s fifty day moving average price is $83.70 and its 200-day moving average price is $74.75.

Synaptics (NASDAQ:SYNA – Get Free Report) last posted its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.06. The business had revenue of $302.50 million for the quarter, compared to analysts’ expectations of $300.31 million. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Sell-side analysts expect that Synaptics will post 0.96 earnings per share for the current year.

Insider Buying and Selling at Synaptics

In other Synaptics news, insider Lisa Bodensteiner sold 576 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total transaction of $48,919.68. Following the sale, the insider directly owned 72,307 shares of the company’s stock, valued at $6,141,033.51. This trade represents a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Vikram Gupta sold 772 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $81.57, for a total value of $62,972.04. Following the completion of the transaction, the insider owned 95,996 shares in the company, valued at $7,830,393.72. The trade was a 0.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,026 shares of company stock worth $875,689 over the last 90 days. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in Synaptics by 3.9% during the 4th 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 boosted 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 last quarter. Allspring Global Investments Holdings LLC grew its stake in Synaptics by 0.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,135 shares of the software maker’s stock valued at $1,146,000 after acquiring an additional 134 shares in the last quarter. Captrust Financial Advisors increased its holdings in Synaptics by 4.0% in the 4th 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 during the last quarter. Finally, Optiver Holding B.V. lifted its stake in Synaptics by 40.2% in the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after purchasing an additional 170 shares in the last quarter. 99.43% of the stock is owned by hedge funds and other institutional investors.

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.

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