Synaptics Incorporated (NASDAQ: SYNA) Saleel Awsare, Insider, Sells 5,000 Shares


Synaptics Incorporated (NASDAQ: SYNA) insider Saleel Awsare sold 5,000 shares of the company in a trade dated Friday, November 12. The shares were sold at an average price of $ 250.03, for a total value of $ 1,250,150.00. The sale was disclosed in a file with the SEC, which can be accessed through the SEC’s website.

Saleel Awsare also recently completed the following transactions:

  • On Thursday, September 2, Saleel Awsare sold 4,858 Synaptics shares. The shares were sold for an average price of $ 189.34, for a total value of $ 919,813.72.

NASDAQ SYNA traded up $ 8.73 during trading hours on Monday, reaching $ 259.55. 400,175 shares of the company were traded, for an average volume of 427,486. The stock has a market capitalization of $ 10.19 billion, a PE ratio of 80.85, a price / earnings-growth ratio of 2 , 70 and a beta of 1.24. Synaptics Incorporated has a one-year minimum of $ 75.53 and a one-year maximum of $ 264.50. The company has a fifty-day moving average of $ 192.05 and a 200-day moving average of $ 163.98. The company has a current ratio of 2.47, a quick ratio of 2.18, and a debt ratio of 0.39.

Synaptics (NASDAQ: SYNA) last released its quarterly results on Thursday, November 4. The software maker reported EPS of $ 2.68 for the quarter, beating the Zacks consensus estimate of $ 2.27 by $ 0.41. Synaptics recorded a return on equity of 27.84% and a net margin of 8.86%. The company posted revenue of $ 372.70 million for the quarter, compared to analysts’ estimates of $ 370.58 million. During the same period of the previous year, the company made EPS of $ 1.38. Synaptics revenue for the quarter increased 13.5% year-over-year. As a group, research analysts predict that Synaptics Incorporated will post 9.24 EPS for the current year.

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Several stock analysts recently published reports on SYNA shares. Zacks Investment Research downgraded Synaptics from a “hold” rating to a “buy” rating and set a price target of $ 279.00 on the stock in a research note on Saturday. Oppenheimer raised its price target on Synaptics from $ 165.00 to $ 285.00 and gave the company an “outperformance” rating in a research note on Monday, November 8. They noted that the move was an appraisal call. Cowen raised his price target on Synaptics from $ 180.00 to $ 250.00 and gave the company an “outperforming” rating in a research note on Friday, November 5. Craig Hallum raised his price target on Synaptics from $ 175.00 to $ 265.00 and gave the company a “buy” rating in a research note on Friday, November 5. Finally, Susquehanna Bancshares raised her price target on Synaptics from $ 150.00 to $ 180.00 and gave the company a “positive” rating in a Friday August 6 research note. A research analyst rated the stock with a conservation rating and fourteen gave the company’s stock a buy rating. Based on data from MarketBeat.com, Synaptics currently has an average rating of “Buy” and a consensus target price of $ 233.77.

Large investors have recently bought and sold shares in the company. The Canada Pension Plan Investment Board acquired a new position in Synaptics during the second quarter valued at $ 30,000. Koshinski Asset Management Inc. acquired a new position in Synaptics shares in Q3 valued at $ 38,000. Moors & Cabot Inc. increased its stake in Synaptics shares by 440.5% in the 3rd quarter. Moors & Cabot Inc. now owns 60,000 shares of the software maker valued at $ 66,000 after purchasing an additional 48,900 shares during the period. Advisory Services Network LLC acquired a new position in Synaptics shares in the second quarter valued at $ 94,000. Finally, USA Financial Portformulas Corp acquired in the 3rd quarter a new position in Synaptics shares valued at $ 150,000. 91.69% of the shares are currently held by hedge funds and other institutional investors.

Synaptics Company Profile

Synaptics, Inc. engages in the development, marketing and sale of human interface semiconductor solutions for electronic devices and products. He specializes in custom-designed human interfaces that allow people to interact with mobile computing, communications, entertainment, and other electronic devices.

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Insider Buys and Sells by Quarter for Synaptics (NASDAQ: SYNA)

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