Synaptics (SYNA)

• Market cap: $2.99B
• 1 day: -0.21%
• 5 days: -5.56%
• 1 month: 2.85%
• 3 months: 1.14%
• 6 months: -14.83%
• Year to date: -32.77%
• 1 year: -34.89%
• 5 years: 9.98%
• 10 years: 8.16%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

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 Q3 regulatory filings by fund managers ($100M+ AUM)

2% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 43

0% more funds holding

Funds holding: 263 [Q2] → 264 (+1) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

3.69% less ownership

Funds ownership: 96.82% [Q2] → 93.12% (-3.69%) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 97

14% less capital invested

Capital invested by funds: $3.37B [Q2] → $2.88B (-$486M) [Q3]

36% less call options, than puts

Call options by funds: $4.44M | Put options by funds: $6.96M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $90 21% upside
• Avg. target: $92 24% upside
• High target: $95 27% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Rosenblatt Kevin Cassidy 56% 1-year accuracy 30 / 54 met price target	23% upside $92	Buy Maintained	8 Nov 2024
Needham Quinn Bolton 50% 1-year accuracy 66 / 131 met price target	21% upside $90	Buy Maintained	8 Nov 2024
Susquehanna Christopher Rolland 47% 1-year accuracy 74 / 157 met price target	27% upside $95	Positive Maintained	21 Oct 2024