Synaptics Inc’s recent filing unveils that its insider Rizvi Ken acquired Company’s shares for reported $0.25 million on Feb 10 ’25. In the deal valued at $69.15 per share,3,600 shares were bought. As a result of this transaction, Rizvi Ken now holds 27,630 shares worth roughly $1.76 million.
Then, Gupta Vikram sold 411 shares, generating $33,550 in total proceeds. Upon selling the shares at $81.63, the insider now owns 40,795 shares.
Before that, VIKRAM GUPTA bought 411 shares. Synaptics Inc shares valued at $33,550 were divested by the Officer at a price of $81.63 per share.
TD Cowen reiterated its Synaptics Inc [SYNA] rating to a Buy in a research note published on November 08, 2024; the price target was $100. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “a Sector weight”. TD Cowen also remained covering SYNA and reiterated its “Buy” recommendation on August 09, 2024. TD Cowen maintained its rating on May 10, 2024. It rated SYNA as “a Buy”.
Price Performance Review of SYNA
On Monday, Synaptics Inc [NASDAQ:SYNA] saw its stock jump 1.05% to $63.72. Over the last five days, the stock has lost -2.34%. Synaptics Inc shares have fallen nearly -16.51% since the year began. Nevertheless, the stocks have fallen -35.51% over the past one year. While a 52-week high of $99.57 was reached on 01/29/25, a 52-week low of $60.75 was recorded on 03/13/25. SMA at 50 days reached $71.09, while 200 days put it at $77.02.
Levels Of Support And Resistance For SYNA Stock
The 24-hour chart illustrates a support level at 62.02, which if violated will result in even more drops to 60.32. On the upside, there is a resistance level at 64.87. A further resistance level may holdings at 66.02. The Relative Strength Index (RSI) on the 14-day chart is 42.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.14%. Stochastics %K at 47.19% indicates the stock is a holding.
How much short interest is there in Synaptics Inc?
A steep rise in short interest was recorded in Synaptics Inc stocks on 2025-03-14, dropping by -0.32 million shares to a total of 4.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.74 million shares. There was a decline of -7.31%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 09, 2024 when TD Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $135.
