In a filing, Synaptics Inc revealed 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 $1.8 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.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. KeyBanc Capital Markets also remained covering SYNA and has decreased its forecast on October 08, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. TD Cowen maintained its rating on August 09, 2024. It rated SYNA as “a Buy”.
Price Performance Review of SYNA
On Monday, Synaptics Inc [NASDAQ:SYNA] saw its stock jump 8.64% to $65.00. Over the last five days, the stock has gained 11.95%. Synaptics Inc shares have fallen nearly -14.83% since the year began. Nevertheless, the stocks have fallen -28.57% over the past one year. While a 52-week high of $98.00 was reached on 01/29/25, a 52-week low of $41.80 was recorded on 04/08/25. SMA at 50 days reached $58.21, while 200 days put it at $71.81.
Levels Of Support And Resistance For SYNA Stock
The 24-hour chart illustrates a support level at 63.71, which if violated will result in even more drops to 62.42. On the upside, there is a resistance level at 65.88. A further resistance level may holdings at 66.75. The Relative Strength Index (RSI) on the 14-day chart is 67.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.95, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.22%. Stochastics %K at 88.42% indicates the stock is a selling.
The most recent change occurred on May 10, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $115.
