Synaptics, Incorporated (SYNA) CEO Rick Bergman Sells 20000 Shares

Marco Green
February 11, 2018

The average volume was noted at 3340.46K shares while its relative volume was seen at 1.51. It now has negative earnings. The Company's products include ClearPad, which enables users to interact directly with the display on smartphones and tablets; ClearView products that provide advanced image processing and low power technology for entry-level smartphones; TouchView products, which integrate touch and display technologies to deliver performance and simplified design; and Natural ID, a fingerprint ID product that is used in smartphones, tablets, notebook PCs, PC peripherals, and other applications. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 4,670,576 shares of the stock are valued at $191.49 million. Moreover, Columbia Wanger Asset Management Llc has 1.26% invested in the company for 1.60 million shares. Medtronic Plc now has $106.63 billion valuation. The company has a quick ratio of 1.70, a current ratio of 2.36 and a debt-to-equity ratio of 0.65.

On 6/1/2017 Jeffrey D Buchanan, Director, sold 9,375 with an average share price of $55.92 per share and the total transaction amounting to $524,250.00. It has underperformed by 23.19% the S&P500. Finally, Rosenblatt Securities downgraded shares of Synaptics from a "buy" rating to a "neutral" rating and set a $36.00 price target on the a report on Friday, November 3rd. Therefore 64% are positive. The first line is called the %K line, which analyzes the actual price movements in the shares and can be defined as: %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100. Synaptics Inc had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Monday, July 17 with "Sell". The stock has a market cap of 766.87 Million. Aegis Capital has "Buy" rating and $3100 target. The firm earned "Hold" rating on Thursday, April 6 by Jefferies. SYNA's insider ownership was 1.30%. On Wednesday, November 22 the stock rating was maintained by Stifel Nicolaus with "Hold".

When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its down 0.04, from 1.38 in 2017Q2. 34 funds opened positions while 81 raised stakes. F&V Cap Mngmt Lc has invested 3.26% in Medtronic plc (NYSE:MDT). 199,613 are held by Goldman Sachs Group Inc.

Glg Partners Lp, which manages about $27.28B and $1.89B US Long portfolio, upped its stake in Ralph Lauren Corp (NYSE:RL) by 12,929 shares to 125,202 shares, valued at $11.05M in 2017Q3, according to the filing. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Ahl Prns Llp stated it has 125,519 shares. Huntington Financial Bank holds 0% or 153 shares in its portfolio.

Ever wonder how investors predict positive share price momentum? California Employees Retirement Systems reported 0% stake. Spark Investment Mgmt Limited Liability Company accumulated 113,000 shares. Macquarie Gp invested in 6,800 shares or 0% of the stock. Lumina Fund Mgmt owns 60,000 shares. Alphabet Inc was reduced too. The stock increased 5.30% or $2.1714 during the last trading session, reaching $43.1714. These shares are worth $5,000 and were traded at $50 each.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings results on Wednesday, February 7th. It has underperformed by 8.92% the S&P500.

Whereas its latest closing price kept its distance from the SMA20 at -7.01% and -1.05% from SMA 50 while it was knocked up -9.66% from the simple moving average price of 200 days. Riverhead Capital Management LLC lifted its holdings in Synaptics by 95.0% during the 2nd quarter. Edge Wealth Management Limited Company holds 0% or 90 shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt invested in 21,600 shares or 0.08% of the stock. Synaptics reported earnings per share of $1.27 during the same quarter last year, which suggests a negative year over year growth rate of 25.2%.

Ratings analysis reveals 20% of Synaptics's analysts are positive. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company's stock. The lowest target is $61.0 while the high is $74.0. In a transaction dated November 21, 2017, the shares were put up for sale at an average price of $40, raking in a sum of $80,000. SYNA was included in 5 notes of analysts from October 13, 2016. The Illinois-based Chicago Equity Prtn Ltd has invested 0.01% in Synaptics Incorporated (NASDAQ:SYNA). The firm has "Buy" rating given on Thursday, October 5 by Keefe Bruyette & Woods. ValuEngine lowered shares of Synaptics from a buy rating to a hold rating in a report on Saturday, January 13th. On Friday, October 28 the stock rating was downgraded by Craig Hallum to "Hold".

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