Synaptics, Incorporated (NASDAQ:SYNA) had its price objective cut by JPMorgan Chase & Co. from $91.00 to $90.00 in a research report released on Wednesday, StockTargetPrices.com reports. They currently have an overweight rating on the stock.

In other Synaptics, news, Director James L. Whims sold 26,000 shares of the stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $92.46, for a total value of $2,403,960.00. Following the transaction, the director now owns 19,737 shares of the company’s stock, valued at $1,824,883.02. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Scott Deutsch sold 3,040 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $84.92, for a total value of $258,156.80. Following the completion of the transaction, the senior vice president now directly owns 8,522 shares in the company, valued at approximately $723,688.24. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Russell Frank Co increased its position in Synaptics, by 11.0% in the fourth quarter. Russell Frank Co now owns 130,319 shares of the company’s stock worth $10,600,000 after buying an additional 12,917 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its position in Synaptics, by 86.6% in the fourth quarter. Emerald Mutual Fund Advisers Trust now owns 102,564 shares of the company’s stock valued at $8,240,000 after buying an additional 47,587 shares during the period. Emerald Advisers Inc. PA increased its position in Synaptics, by 54.6% in the fourth quarter. Emerald Advisers Inc. PA now owns 94,849 shares of the company’s stock valued at $7,620,000 after buying an additional 33,480 shares during the period. Hillcrest Asset Management bought a new position in Synaptics, during the third quarter valued at approximately $7,573,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in Synaptics, during the fourth quarter valued at approximately $1,735,000.

Other equities analysts also recently issued research reports about the company. Zacks Investment Research downgraded Synaptics, from a strong-buy rating to a hold rating in a report on Wednesday, October 28th. Craig Hallum decreased their price objective on Synaptics, from $105.00 to $90.00 and set a buy rating for the company in a report on Thursday, January 7th. Dougherty & Co reiterated a neutral rating on shares of Synaptics, in a report on Wednesday, December 30th. Mizuho cut their target price on Synaptics, from $105.00 to $100.00 and set a buy rating on the stock in a research note on Friday, October 23rd. Finally, Cowen and Company reissued a buy rating on shares of Synaptics, in a research note on Tuesday, October 20th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $95.15.

Shares of Synaptics, (NASDAQ:SYNA) traded down 1.18% during midday trading on Wednesday, reaching $66.23. The company had a trading volume of 582,029 shares. The company has a 50 day moving average of $74.36 and a 200 day moving average of $78.69. The firm has a market capitalization of $2.40 billion and a price-to-earnings ratio of 23.82. Synaptics, has a 12-month low of $57.02 and a 12-month high of $102.50.

Synaptics, (NASDAQ:SYNA) last posted its quarterly earnings data on Thursday, January 28th. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.03. The firm earned $471 million during the quarter, compared to the consensus estimate of $479.96 million. Synaptics,’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.46 EPS. Analysts anticipate that Synaptics, will post $6.79 EPS for the current year.

Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (NASDAQ:SYNA) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of today’s notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.

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