SynapticsSYNA
About: Synaptics Inc is a producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.
Employees: 1,716
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3.12% more ownership
Funds ownership: 93.08% [Q1] → 96.2% (+3.12%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
5% less funds holding
Funds holding: 278 [Q1] → 263 (-15) [Q2]
6% less capital invested
Capital invested by funds: $3.57B [Q1] → $3.35B (-$218M) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 101
35% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 43
56% less call options, than puts
Call options by funds: $5.07M | Put options by funds: $11.6M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
JP Morgan Peter Peng 0% 1-year accuracy 0 / 4 met price target | 38%upside $100 | Overweight Maintained | 9 Aug 2024 |
TD Cowen Krish Sankar 41% 1-year accuracy 9 / 22 met price target | 24%upside $90 | Buy Maintained | 9 Aug 2024 |
Craig-Hallum Anthony Stoss 38% 1-year accuracy 3 / 8 met price target | 10%upside $80 | Hold Maintained | 9 Aug 2024 |
Needham Quinn Bolton 43% 1-year accuracy 55 / 129 met price target | 31%upside $95 | Buy Maintained | 9 Aug 2024 |
Keybanc John Vinh 67% 1-year accuracy 37 / 55 met price target | 38%upside $100 | Overweight Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 3 articles about SYNA published over the past 30 days