Synaptics Inc’s filing revealed that its insider Gupta Vikram unloaded Company’s shares for reported $22141.0 on Jun 27 ’24. In the deal valued at $86.15 per share,257 shares were sold. As a result of this transaction, Gupta Vikram now holds 30,578 shares worth roughly $2.67 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Gupta Vikram sold 259 shares, generating $23,310 in total proceeds. Upon selling the shares at $90.00, the insider now owns 30,835 shares.
Before that, Gupta Vikram sold 258 shares. Synaptics Inc shares valued at $24,536 were divested by the insider at a price of $95.10 per share. As a result of the transaction, Gupta Vikram now holds 31,094 shares, worth roughly $2.72 million.
TD Cowen reiterated its Synaptics Inc [SYNA] rating to a Buy in a research note published on May 10, 2024; the price target was $115. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early February has reiterated a ‘”an Outperform”‘ rating for it. Craig Hallum also remained covering SYNA and has decreased its forecast on February 09, 2024 with a “Hold” recommendation from previously “Buy” rating. JP Morgan started covering the stock on December 08, 2023. It rated SYNA as “an Overweight”.
Price Performance Review of SYNA
On Tuesday, Synaptics Inc [NASDAQ:SYNA] saw its stock jump 1.61% to $87.47. Over the last five days, the stock has gained 1.07%. Synaptics Inc shares have fallen nearly -23.33% since the year began. Nevertheless, the stocks have risen 2.45% over the past one year. While a 52-week high of $121.37 was reached on 02/12/24, a 52-week low of $73.38 was recorded on 04/23/24. SMA at 50 days reached $90.44, while 200 days put it at $97.37. A total of 0.24 million shares were traded, compared to the trading of 0.44 million shares in the previous session.
Levels Of Support And Resistance For SYNA Stock
The 24-hour chart illustrates a support level at 86.27, which if violated will result in even more drops to 85.06. On the upside, there is a resistance level at 88.17. A further resistance level may holdings at 88.86. The Relative Strength Index (RSI) on the 14-day chart is 44.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.64%. Stochastics%K at 21.76% indicates the stock is a holding.
