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Synaptics Integrated (NASDAQ:SYNA – Get Ranking) SVP John Mcfarland offered 8,188 shares of the corporate’s inventory in a transaction on Thursday, August 18th. The shares had been offered at a mean worth of $137.09, for a complete worth of $1,122,492.92. Following the sale, the senior vice chairman now owns 15,083 shares of the corporate’s inventory, valued at $2,067,728.47. The transaction was disclosed in a submitting with the SEC, which is accessible via the SEC web site.
Synaptics Worth Efficiency
SYNA traded down $7.33 on Friday, reaching $135.43. The inventory had a buying and selling quantity of 287,685 shares, in comparison with its common quantity of 510,982. Synaptics Integrated has a fifty-two week low of $109.26 and a fifty-two week excessive of $299.39. The agency has a 50-day transferring common of $130.11 and a 200-day transferring common of $164.52. The corporate has a present ratio of three.03, a fast ratio of two.66 and a debt-to-equity ratio of 0.77. The corporate has a market capitalization of $5.36 billion, a price-to-earnings ratio of 21.39 and a beta of 1.46.
Synaptics (NASDAQ:SYNA – Get Ranking) final issued its earnings outcomes on Thursday, August 4th. The software program maker reported $3.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.13 by $0.74. Synaptics had a return on fairness of 38.59% and a web margin of 14.80%. The enterprise had income of $476.40 million throughout the quarter, in comparison with analysts’ expectations of $472.74 million. Throughout the identical quarter within the prior 12 months, the agency earned $1.60 EPS. The enterprise’s income for the quarter was up 45.3% in comparison with the identical quarter final 12 months. As a bunch, sell-side analysts anticipate that Synaptics Integrated will put up 10.15 EPS for the present 12 months.
Hedge Funds Weigh In On Synaptics
Numerous institutional buyers and hedge funds have not too long ago purchased and offered shares of SYNA. BlackRock Inc. grew its place in shares of Synaptics by 10.6% within the 1st quarter. BlackRock Inc. now owns 5,014,550 shares of the software program maker’s inventory valued at $1,000,402,000 after shopping for an extra 481,832 shares over the past quarter. Vanguard Group Inc. grew its place in shares of Synaptics by 1.7% within the 1st quarter. Vanguard Group Inc. now owns 3,911,427 shares of the software program maker’s inventory valued at $780,329,000 after shopping for an extra 67,124 shares over the past quarter. State Avenue Corp grew its place in shares of Synaptics by 4.0% within the 2nd quarter. State Avenue Corp now owns 1,449,123 shares of the software program maker’s inventory valued at $171,069,000 after shopping for an extra 55,970 shares over the past quarter. Geode Capital Administration LLC grew its place in shares of Synaptics by 11.4% within the 4th quarter. Geode Capital Administration LLC now owns 740,819 shares of the software program maker’s inventory valued at $214,493,000 after shopping for an extra 75,888 shares over the past quarter. Lastly, Neuberger Berman Group LLC grew its place in shares of Synaptics by 34.6% within the 1st quarter. Neuberger Berman Group LLC now owns 581,945 shares of the software program maker’s inventory valued at $116,098,000 after shopping for an extra 149,514 shares over the past quarter. Institutional buyers and hedge funds personal 91.93% of the corporate’s inventory.
Analyst Scores Adjustments
Numerous analysts have not too long ago weighed in on SYNA shares. Cowen lower their goal worth on Synaptics from $310.00 to $210.00 in a analysis report on Monday, Might 2nd. Susquehanna Bancshares lower their goal worth on Synaptics from $200.00 to $185.00 in a analysis report on Friday, August fifth. Craig Hallum lower their goal worth on Synaptics from $265.00 to $220.00 in a analysis report on Friday, Might sixth. Summit Insights lower Synaptics from a “purchase” score to a “maintain” score in a report on Friday, Might sixth. Lastly, Wells Fargo & Firm lowered their worth goal on Synaptics from $175.00 to $125.00 and set an “equal weight” score for the corporate in a report on Monday, July 11th. 4 equities analysis analysts have rated the inventory with a maintain score and 9 have issued a purchase score to the corporate. In accordance with knowledge from MarketBeat, the inventory at the moment has a mean score of “Reasonable Purchase” and a consensus goal worth of $213.75.
Synaptics Firm Profile
Synaptics Integrated develops and provides semiconductor merchandise and options worldwide. The corporate presents AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/knowledge connectivity; DisplayLink for transmitting compressed video frames throughout low bandwidth connections; VideoSmart that permits set-top containers or over-the-top, streaming gadgets, soundbars, surveillance cameras, and good shows; and ImagingSmart options.
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This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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