Shares of Synaptics Incorporated (SYNA) Sees Large Inflow of Net Money Flow

Synaptics Incorporated (SYNA) stock had a bullish inflow of $3.85 million worth of trades on uptick and an outflow of $3.24 million in downticks on Friday. The total uptick to downtick ratio stood at 1.19. The net money flow into the stock was $0.6 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0 million. $0 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Synaptics Incorporated (SYNA) stock traded down $0.52 , and reached $57.55, a drop of -0.9% over the previous day. On a weekly basis, the stock is 3.51%, over the previous weeks close.


The company Insiders own 3.4% of Synaptics Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.37% . Institutional Investors own 89.63% of Synaptics Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -26.37%.

In a related news,The officer (SVP, General Counsel & Sec.) of Synaptics Inc, Mcfarland John sold 2,778 shares at $60 on August 30, 2016. The Insider selling transaction had a total value worth of $166,680. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Synaptics Incorporated (NASDAQ:SYNA): The stock opened at $58.07 and touched an intraday high of $58.7 on Friday. During the day, the stock corrected to an intraday low of $57.1, however, the bulls stepped in and pushed the price higher to close in the green at $58.42 with a gain of 0.60% for the day. The total traded volume for the day was 580,944. The stock had closed at $58.07 in the previous trading session.

Synaptics Incorporated (SYNA) : Traders are bullish on Synaptics Incorporated (SYNA) as it has outperformed the S&P 500 by a wide margin of 5.42% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.54%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.07% in the last 1 week, and is up 5.28% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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 (DDICs) 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 todays 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.