Synaptics Incorporated (NASDAQ:SYNA) SVP John Mcfarland Sells 500 Shares of Stock

Synaptics Incorporated (NASDAQ:SYNAGet Rating) SVP John Mcfarland sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $102.52, for a total value of $51,260.00. Following the completion of the transaction, the senior vice president now directly owns 11,054 shares of the company’s stock, valued at $1,133,256.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

John Mcfarland also recently made the following trade(s):

  • On Monday, November 7th, John Mcfarland sold 12,299 shares of Synaptics stock. The stock was sold at an average price of $88.50, for a total value of $1,088,461.50.

Synaptics Price Performance

Synaptics stock opened at $99.29 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.86 and a quick ratio of 3.37. Synaptics Incorporated has a one year low of $81.13 and a one year high of $299.39. The firm has a market capitalization of $3.96 billion, a P/E ratio of 14.33 and a beta of 1.42. The business has a fifty day moving average price of $96.70 and a 200-day moving average price of $119.81.

Synaptics (NASDAQ:SYNAGet Rating) last issued its earnings results on Thursday, November 3rd. The software maker reported $3.52 EPS for the quarter, topping the consensus estimate of $2.82 by $0.70. Synaptics had a return on equity of 39.05% and a net margin of 15.53%. The business had revenue of $448.10 million during the quarter, compared to the consensus estimate of $450.48 million. During the same quarter last year, the company earned $1.98 EPS. The firm’s revenue was up 20.2% compared to the same quarter last year. As a group, equities research analysts forecast that Synaptics Incorporated will post 6.96 EPS for the current year.

Institutional Trading of Synaptics

A number of hedge funds and other institutional investors have recently bought and sold shares of SYNA. San Luis Wealth Advisors LLC purchased a new position in shares of Synaptics during the 1st quarter valued at $56,000. Brown Brothers Harriman & Co. bought a new stake in Synaptics during the first quarter valued at $49,000. Edmond DE Rothschild Holding S.A. grew its position in Synaptics by 147.8% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 332 shares of the software maker’s stock worth $66,000 after buying an additional 198 shares in the last quarter. American National Bank bought a new position in Synaptics in the 3rd quarter worth about $35,000. Finally, Meeder Asset Management Inc. bought a new position in Synaptics in the 1st quarter worth about $74,000. Institutional investors own 97.15% of the company’s stock.

Analyst Ratings Changes

SYNA has been the topic of a number of recent analyst reports. BMO Capital Markets lowered their target price on Synaptics from $110.00 to $90.00 and set a “market perform” rating on the stock in a research note on Friday, November 4th. Mizuho dropped their target price on shares of Synaptics from $205.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, November 4th. Needham & Company LLC reduced their target price on shares of Synaptics from $140.00 to $130.00 and set a “buy” rating for the company in a research report on Friday, November 4th. Cowen lowered their price target on shares of Synaptics from $210.00 to $110.00 and set an “outperform” rating on the stock in a report on Monday, October 31st. Finally, Susquehanna reduced their price objective on Synaptics from $200.00 to $185.00 in a report on Friday, August 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $152.50.

Synaptics Company Profile

(Get Rating)

Synaptics Incorporated develops, markets, and sells semiconductor product solutions worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes or over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.

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Insider Buying and Selling by Quarter for Synaptics (NASDAQ:SYNA)

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