Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Synaptics Inc shares valued at $248,940 were purchased by Rizvi Ken on Feb 10 ’25. At $69.15 per share, Rizvi Ken acquired 3,600 shares. The insider’s holdings grew to 27,630 shares worth approximately $1.46 million following the completion of this transaction.
Also, Gupta Vikram sold 411 shares, netting a total of over 33,550 in proceeds. Following the sale of shares at $81.63 each, the insider now holds 40,795 shares.
Before that, VIKRAM GUPTA had added 411 shares to its account. In a trade valued at $33,550, the Officer bought Synaptics Inc shares for $81.63 each.
As published in a research note from TD Cowen on November 08, 2024, Synaptics Inc [SYNA] has been retained to a Buy and the price target has been revised to $100. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in early October. As of August 09, 2024, TD Cowen has reiterated its “Buy” rating for SYNA. Earlier on May 10, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for SYNA stock.
Analyzing SYNA Stock Performance
During the last five days, there has been a surge of approximately 7.39%. Over the course of the year, Synaptics Inc shares have dropped approximately -30.53%. Shares of the company reached a 52-week high of $89.81 on 01/29/25 and a 52-week low of $41.80 on 04/08/25. A 50-day SMA is recorded $61.48, while a 200-day SMA reached $73.96.
Support And Resistance Levels for Synaptics Inc (SYNA)
According to the 24-hour chart, there is a support level at 51.07, which, if violated, would cause prices to drop to 49.11. In the upper region, resistance lies at 54.94. The next price resistance is at 56.85. RSI (Relative Strength Index) is 46.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.85, which suggests the price will increase in the coming days. Percent R is at 39.11%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
