Synaptics Inc ## (NASDAQ:SYNA).
Snow Capital Management Lp says it bought 62,312 shares in quarter ending 09/30/2017 increasing its exposure to Synaptics Inc ## by 11.7%. Its investment was worth $23,295,000 a decrease of $4,228,000 as of the end of the quarter.
These firms have modified their investment in SYNA. As of the end of the quarter Ubs Asset Management Americas Inc had acquired 594 shares growing its position 3,300.0%. The value of the investment in (SYNA) increased from $931,000 to $23,978,000 a change of $23,047,000 for the reporting period. As of quarter end Dimensional Fund Advisors Lp had bought a total of 125,826 shares growing its stake by 11.6%. The value in dollars went from $56,312,000 to $47,596,000 a change of 15.5% since the last quarter.
As of the end of the quarter Raymond James & Associates had bought a total of 11,508 shares growing its holdings by 17.5%. The value of the investment in Synaptics Inc ## decreased from $3,398,000 to $3,025,000 decreasing 11.0% quarter to quarter.
November 8 investment analysts at Craig Hallum held the company rating at “Buy” projecting a price of $43.00. Equity analyst Stifel Nicolaus lowered the price target on November 8 cutting the projection from $68.00 to $59.00 and stated a “Buy” rating.
On November 8 Oppenheimer Holdings held the stock rating at “Sell” targeting a price of $35.00.
On October 26 analysts at J P Morgan Chase & Co released guidance on SYNA with a rating of “Buy” and establishing a price target of $53.00. Cowen and Company released a research note on SYNA and giving a rating of “Buy” and a price target of $60.00.
The company is so far trading up by 1.44% percent from yesterday’s close. The P/E ratio is currently 79.66 and market capitalization is 1.29B. As of the latest earnings report the EPS was $0.48 with 33.73M shares currently outstanding.
Investors are more bullish recently if you put credence in the motion in short interest. The company experienced a fall in short interest of -1.30% as of the latest report on October 13, 2017. Short interest decreased 118,126 over that timeframe. Days to cover decreased from 11.0 to 10.0 and the short interest percentage is 0.26% as of October 13.