Synaptics (NASDAQ:SYNA) Stock Rating Upgraded by Wall Street Zen

by · The Cerbat Gem

Synaptics (NASDAQ:SYNA – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

SYNA has been the topic of a number of other research reports. Northland Securities began coverage on Synaptics in a report on Tuesday, December 2nd. They issued an “outperform” rating and a $85.00 price target on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $95.00 price objective on shares of Synaptics in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Synaptics in a research note on Thursday, September 11th. They set a “buy” rating and a $85.00 price objective for the company. Northland Capmk raised shares of Synaptics to a “strong-buy” rating in a research note on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Synaptics presently has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Check Out Our Latest Research Report on SYNA

Synaptics Stock Up 2.1%

Synaptics stock opened at $75.03 on Friday. The stock’s 50 day moving average price is $70.72 and its 200 day moving average price is $68.64. Synaptics has a 1-year low of $41.80 and a 1-year high of $89.81. The company has a market cap of $2.93 billion, a PE ratio of -64.68, a price-to-earnings-growth ratio of 3.08 and a beta of 1.76. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31.

Synaptics (NASDAQ:SYNA – Get Free Report) last released its earnings results on Thursday, November 6th. The software maker reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The company had revenue of $292.50 million during the quarter, compared to the consensus estimate of $289.93 million. During the same quarter last year, the company earned $0.81 earnings per share. Synaptics’s quarterly revenue was up 13.5% compared to the same quarter last year. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. On average, sell-side analysts predict that Synaptics will post 0.96 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Lisa Bodensteiner sold 7,182 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total value of $565,079.76. Following the completion of the sale, the insider owned 75,542 shares of the company’s stock, valued at $5,943,644.56. This represents a 8.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Vikram Gupta sold 694 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the sale, the insider directly owned 100,082 shares of the company’s stock, valued at approximately $7,506,150. The trade was a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 8,906 shares of company stock worth $698,177. 0.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Synaptics

Several institutional investors have recently added to or reduced their stakes in the stock. Quarry LP grew its stake in Synaptics by 220.0% in the first quarter. Quarry LP now owns 528 shares of the software maker’s stock worth $34,000 after purchasing an additional 363 shares in the last quarter. Optiver Holding B.V. lifted its holdings 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. Hantz Financial Services Inc. grew its position in shares of Synaptics by 143.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Synaptics by 443.1% in the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after acquiring an additional 514 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Synaptics by 50.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after acquiring an additional 237 shares during the last quarter. 99.43% of the stock is owned by institutional investors and hedge funds.

About Synaptics

(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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