Synaptics Incorporated (SYNA) Shares Sold by Numeric Investors LLC

Numeric Investors LLC lessened its holdings in shares of Synaptics Incorporated (NASDAQ:SYNA) by 72.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 25,000 shares of the software maker’s stock after selling 65,300 shares during the period. Numeric Investors LLC owned approximately 0.07% of Synaptics worth $1,293,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. OxFORD Asset Management LLP lifted its position in shares of Synaptics by 38.0% during the 2nd quarter. OxFORD Asset Management LLP now owns 30,794 shares of the software maker’s stock worth $1,592,000 after purchasing an additional 8,472 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Synaptics by 9.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,088,970 shares of the software maker’s stock worth $56,312,000 after purchasing an additional 94,143 shares during the last quarter. Virtu KCG Holdings LLC acquired a new position in shares of Synaptics during the 2nd quarter worth about $2,443,000. Parametric Portfolio Associates LLC lifted its position in shares of Synaptics by 200.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 89,025 shares of the software maker’s stock worth $4,603,000 after purchasing an additional 59,379 shares during the last quarter. Finally, Glenview Trust Co acquired a new position in shares of Synaptics during the 2nd quarter worth about $331,000. 97.74% of the stock is owned by institutional investors and hedge funds.

Synaptics Incorporated (NASDAQ:SYNA) opened at 37.03 on Tuesday. The firm has a 50-day moving average price of $39.57 and a 200 day moving average price of $49.29. The firm has a market cap of $1.25 billion, a PE ratio of 27.03 and a beta of 1.21. Synaptics Incorporated has a 12-month low of $36.64 and a 12-month high of $69.45.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.11. The firm had revenue of $426.50 million during the quarter, compared to the consensus estimate of $426.49 million. Synaptics had a net margin of 2.84% and a return on equity of 16.51%. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the business posted $0.46 earnings per share. Equities research analysts forecast that Synaptics Incorporated will post $4.50 EPS for the current year.

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Several equities analysts recently weighed in on SYNA shares. Cowen and Company set a $75.00 price objective on Synaptics and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Mizuho cut Synaptics from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $60.00 to $42.00 in a research report on Monday. BidaskClub cut Synaptics from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Rosenblatt Securities reissued a “buy” rating and set a $70.00 price objective on shares of Synaptics in a research report on Monday, June 26th. Finally, BMO Capital Markets reissued a “hold” rating and set a $56.00 price objective on shares of Synaptics in a research report on Tuesday, June 13th. Seven analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. Synaptics presently has a consensus rating of “

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. OxFORD Asset Management LLP lifted its position in shares of Synaptics by 38.0% during the 2nd quarter. OxFORD Asset Management LLP now owns 30,794 shares of the software maker’s stock worth $1,592,000 after purchasing an additional 8,472 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Synaptics by 9.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,088,970 shares of the software maker’s stock worth $56,312,000 after purchasing an additional 94,143 shares during the last quarter. Virtu KCG Holdings LLC acquired a new position in shares of Synaptics during the 2nd quarter worth about $2,443,000. Parametric Portfolio Associates LLC lifted its position in shares of Synaptics by 200.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 89,025 shares of the software maker’s stock worth $4,603,000 after purchasing an additional 59,379 shares during the last quarter. Finally, Glenview Trust Co acquired a new position in shares of Synaptics during the 2nd quarter worth about $331,000. 97.74% of the stock is owned by institutional investors and hedge funds.

Synaptics Incorporated (NASDAQ:SYNA) opened at 37.03 on Tuesday. The firm has a 50-day moving average price of $39.57 and a 200 day moving average price of $49.29. The firm has a market cap of $1.25 billion, a PE ratio of 27.03 and a beta of 1.21. Synaptics Incorporated has a 12-month low of $36.64 and a 12-month high of $69.45.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.11. The firm had revenue of $426.50 million during the quarter, compared to the consensus estimate of $426.49 million. Synaptics had a net margin of 2.84% and a return on equity of 16.51%. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the business posted $0.46 earnings per share. Equities research analysts forecast that Synaptics Incorporated will post $4.50 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This article was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/10/synaptics-incorporated-syna-shares-sold-by-numeric-investors-llc.html.

Several equities analysts recently weighed in on SYNA shares. Cowen and Company set a $75.00 price objective on Synaptics and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Mizuho cut Synaptics from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $60.00 to $42.00 in a research report on Monday. BidaskClub cut Synaptics from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Rosenblatt Securities reissued a “buy” rating and set a $70.00 price objective on shares of Synaptics in a research report on Monday, June 26th. Finally, BMO Capital Markets reissued a “hold” rating and set a $56.00 price objective on shares of Synaptics in a research report on Tuesday, June 13th. Seven analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. Synaptics presently has a consensus rating of “Hold” and a consensus price target of $52.09.

Synaptics Profile

Synaptics Incorporated is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. The Company is a developer and supplier of custom-designed human interface product solutions that enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices.

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Institutional Ownership by Quarter for Synaptics (NASDAQ:SYNA)

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