Synaptics Inc’s recently made public 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 $1.74 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 Tuesday, Synaptics Inc [NASDAQ:SYNA] saw its stock fall -1.16% to $62.97. Over the last five days, the stock has lost -4.61%. Synaptics Inc shares have fallen nearly -17.49% since the year began. Nevertheless, the stocks have fallen -33.18% 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.
Levels Of Support And Resistance For SYNA Stock
The 24-hour chart illustrates a support level at 62.32, which if violated will result in even more drops to 61.68. On the upside, there is a resistance level at 63.90. A further resistance level may holdings at 64.84.
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.
