500 shares in Synaptics Incorporated (NASDAQ:SYNA) Purchased by Harel Insurance Investments & Financial Services Ltd.


Harel Insurance Investments & Financial Services Ltd. has bought a new position in Synaptics Incorporated (NASDAQ: SYNAGet Votes) in the 1st column, Holdings Channel reports. The investor purchased 500 shares of the stock maker’s stock, valued at approximately $100,000.

Many other investors have also changed their positions in SYNA. Edmond DE Rothschild Holding SA purchased a new position in shares of Synaptics during the 4th quarter worth $39,000. Sageworth Trust Co of South Dakota acquired a new stake in Synaptics in the 4th quarter valued at $43,000. Mascoma Wealth Management LLC acquired a new stake in Synaptics in the first quarter valued at $48,000. Cornerstone Advisory LLC acquired a new stake in Synaptics in the 4th quarter valued at $58,000. Finally, Rockefeller Capital Management LP boosted its holdings in Synaptics by 716.0% in the fourth quarter. Rockefeller Capital Management LP now owns 204 shares of the software developer’s stock valued at $59,000 after buying an additional 179 shares in the last quarter. 91.93% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Synaptics news, Director Kiva A. Allgood sold 196 shares of the company’s stock in a transaction dated Monday, May 9th. The shares traded at an average price of $155.61, for a total of $30,499.56. Following the transaction, the director now owns 6,654 shares of the company’s stock, valued at $1,035,428.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via This hyperlink. In other Synaptics news, Director Kiva A. Good sold 196 shares of the company’s stock in a transaction dated Monday, May 9th. The shares traded at an average price of $155.61, for a total of $30,499.56. Following the transaction, the director now owns 6,654 shares of the company’s stock, valued at $1,035,428.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via This hyperlink. Also, who Dean Warren Butler sold 1,126 shares of Synaptics stock in a transaction that occurred on Monday, May 9th. The shares traded at an average price of $155.61, for a total price of $175,216.86. Following the sale, the insider now owns 26,651 shares in the company, valued at approximately $4,147,162.11. Disclosures for these products can be found Here. 0.80% of the stock is currently owned by company insiders.

Synaptics Stock Performance

Sections a The price of SON shares opened at $135.80 on Monday. The company has a debt ratio of 0.85, a quick ratio of 2.80 and a current ratio of 3.17. Synaptics Incorporated has a one year low of $109.26 and a one year high of $299.39. The company’s 50-day moving average is $130.75 and its 200-day moving average is $174.88. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 28.47 and a beta of 1.41.

Synaptics (NASDAQ: SYNAGet Votes) last issued its earnings results on Thursday, May 5. The software maker reported $2.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.98 by ($0.07). Synaptics had a return of 34.97% with a margin of 12.17%. The business had revenue of $470.10 million during the quarter, compared to the consensus estimate of $464.65 million. During the same period last year, the business earned $1.39 EPS. Business income rose 44.3% year-on-year. Equities analysts expect that Synaptics Incorporated will post 11.22 earnings per share for the next few years.

Analyst Upgrades and Downgrades

SYNA has been the subject of several recent reports. Cowen dropped their target price on Synaptics from $310.00 to $210.00 in a report on Monday, May 2nd. Mizuho dropped their target price on Synaptics from $250.00 to $225.00 in a research note on Friday, May 6th. StockNews.com began coverage on Synaptics in a research note on Thursday, March 31st. They put a “hold” rating on the company. Susquehanna dropped their price target on Synaptics from $320.00 to $240.00 in a research note on Friday, May 6th. Finally, Wells Fargo & Company dropped their price target on Synaptics from $175.00 to $125.00 and set an “equal weight” rating for the company in a research note on Monday, July 11th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $233.33.

About Synaptics

(Get Votes)

Synaptics Incorporated manufactures and supplies semiconductor products and solutions worldwide. The company offers AudioSmart for audio and video production; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames over low bandwidth connections; VideoSmart that supports set-top boxes or set-top boxes, broadcast equipment, sound systems, video cameras, and monitors; and ImagingSmart solutions.

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Want to see what other hedge funds are holding SYNA? Go to HoldingsChannel.com to access the latest 13F filings and internal sales of Synaptics Incorporated (NASDAQ: SYNAGet Votes).



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