Synaptics Incorporated $SYNA Shares Sold by SG Americas Securities LLC

Key Points

• SG Americas Securities LLC trimmed its stake by 85.2%, selling 26,829 shares in Q4 and leaving 4,656 shares in Synaptics worth about $345,000 at quarter-end.
• The stock has a consensus "Moderate Buy" rating with an average target of $99.91, based on 10 Buys, 2 Holds and 2 Sells from analysts.
• Synaptics beat recent quarterly expectations (EPS $1.21 vs $1.15; revenue $302.5M vs $300.3M), with revenue up 13.2% YoY, but still reports a negative net margin and a negative P/E.

SG Americas Securities LLC trimmed its holdings in shares of Synaptics Incorporated (NASDAQ:SYNA - Free Report) by 85.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,656 shares of the software maker's stock after selling 26,829 shares during the period. SG Americas Securities LLC's holdings in Synaptics were worth $345,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Optiver Holding B.V. lifted 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 valued at $41,000 after acquiring an additional 170 shares during the period. Hantz Financial Services Inc. lifted its stake in Synaptics by 143.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker's stock valued at $41,000 after acquiring an additional 351 shares during the period. Lazard Asset Management LLC acquired a new stake in Synaptics during the 2nd quarter valued at approximately $54,000. GAMMA Investing LLC lifted its stake in Synaptics by 21.9% during the 4th quarter. GAMMA Investing LLC now owns 1,414 shares of the software maker's stock valued at $105,000 after acquiring an additional 254 shares during the period. Finally, Globeflex Capital L P acquired a new stake in Synaptics during the 2nd quarter valued at approximately $95,000. 99.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on SYNA shares. Craig Hallum restated a "hold" rating and set a $80.00 price objective on shares of Synaptics in a research note on Friday, February 6th. JPMorgan Chase & Co. lifted their target price on shares of Synaptics from $85.00 to $100.00 and gave the company an "overweight" rating in a report on Friday, February 6th. TD Cowen reaffirmed a "buy" rating on shares of Synaptics in a report on Friday, February 6th. Susquehanna lifted 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 target price on shares of Synaptics from $95.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, January 15th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $99.91.

Synaptics Price Performance

NASDAQ:SYNA opened at $76.76 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of -48.28, a price-to-earnings-growth ratio of 2.99 and a beta of 1.71. The company has a 50 day moving average price of $78.26 and a 200-day moving average price of $75.52. Synaptics Incorporated has a 1-year low of $46.37 and a 1-year high of $97.00.

Synaptics (NASDAQ:SYNA - Get Free Report) last posted its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.06. The firm had revenue of $302.50 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities research analysts forecast that Synaptics Incorporated will post 0.96 EPS for the current year.

Insider Buying and Selling at Synaptics

In related news, insider Lisa Bodensteiner sold 576 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $84.93, for a total value of $48,919.68. Following the completion of the sale, the insider owned 72,307 shares of the company's stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Vikram Gupta sold 772 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total transaction of $62,972.04. Following the completion of the sale, the insider directly owned 95,996 shares of the company's stock, valued at approximately $7,830,393.72. The trade was a 0.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,454 shares of company stock valued at $202,505. 0.50% of the stock is owned by insiders.

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.

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