Synaptics Incorporated (NASDAQ:SYNA – Get Rating) insider Saleel Awsare sold 5,000 shares of the business’s stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $115.28, for a total transaction of $576,400.00. Following the transaction, the insider now owns 33,755 shares of the company’s stock, valued at $3,891,276.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Synaptics Stock Up 1.2 %
Shares of NASDAQ:SYNA opened at $107.29 on Wednesday. Synaptics Incorporated has a 52-week low of $81.13 and a 52-week high of $239.88. The firm has a fifty day moving average of $117.68 and a 200 day moving average of $106.05. The firm has a market capitalization of $4.23 billion, a PE ratio of 18.59 and a beta of 1.57. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.83 and a current ratio of 4.42.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on SYNA. Craig Hallum boosted their price target on shares of Synaptics from $120.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, February 3rd. Susquehanna boosted their price target on shares of Synaptics from $115.00 to $145.00 and gave the company a “positive” rating in a research report on Friday, February 3rd. Oppenheimer lowered shares of Synaptics from an “outperform” rating to a “market perform” rating in a research report on Friday, February 3rd. Cowen boosted their price target on shares of Synaptics from $100.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, February 3rd. Finally, KeyCorp boosted their price target on shares of Synaptics from $115.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, February 3rd. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Synaptics presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.18.
Institutional Inflows and Outflows
Synaptics, Inc engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices.
- Get a free copy of the StockNews.com research report on Synaptics (SYNA)
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