1 week Ago By ABMN Staff
JPMorgan Chase & Co. raised its holdings in Synaptics Incorporated ( NASDAQ:SYNA – Free Report ) by 52.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC.
The institutional investor owned 270,225 shares of the software maker’s stock after purchasing an additional 92,549 shares during the quarter. JPMorgan Chase & Co. owned 0.
67% of Synaptics worth $20,624,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently modified their holdings of SYNA. Quarry LP acquired a new position in Synaptics during the 3rd quarter worth approximately $31,000.
KBC Group NV increased its holdings in shares of Synaptics by 87.4% during the fourth quarter. KBC Group NV now owns 1,795 shares of the software maker’s stock worth $137,000 after buying an additional 837 shares in the last quarter.
XTX Topco Ltd acquired a new position in shares of Synaptics during the third quarter worth $227,000. Cibc World Markets Corp bought a new position in shares of Synaptics in the 4th quarter valued at $283,000. Finally, Raymond James Financial Inc.
acquired a new stake in shares of Synaptics during the 4th quarter valued at $371,000. Institutional investors own 99.43% of the company’s stock.
Synaptics Price Performance Shares of NASDAQ:SYNA opened at $47.46 on Friday. The stock’s 50 day moving average is $64.
21 and its 200-day moving average is $72.77. Synaptics Incorporated has a twelve month low of $41.
80 and a twelve month high of $98.00. The company has a quick ratio of 3.
36, a current ratio of 3.88 and a debt-to-equity ratio of 0.60.
The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 11.22 and a beta of 1.
60. Analyst Upgrades and Downgrades Check Out Our Latest Stock Report on SYNA Insider Activity In related news, insider Ken Rizvi purchased 3,600 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was acquired at an average price of $69.
15 per share, for a total transaction of $248,940.00. Following the completion of the acquisition, the insider now owns 27,630 shares of the company’s stock, valued at $1,910,614.
50. This represents a 14.98 % increase in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Corporate insiders own 1.30% of the company’s stock.
Synaptics Company Profile ( Free Report ) Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions. Recommended Stories Receive News & Ratings for Synaptics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synaptics and related companies with MarketBeat.
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