SCHEDULE 13G: State Street Corporation Discloses 5.2% Passive Stake in Synaptics Inc.

State Street Corporation has filed a Schedule 13G, reporting a 5.2% beneficial ownership stake in Synaptics Inc. as of March 31, 2025.

Summary

• State Street Corporation, a Massachusetts-based entity, has filed a Schedule 13G indicating beneficial ownership of common stock in Synaptics Inc.
• As of March 31, 2025, State Street Corporation beneficially owns 2,029,867 shares of Synaptics Inc. common stock.
• This aggregate amount represents 5.2% of the class of Synaptics Inc. common stock.
• State Street Corporation holds sole voting power over 0 shares and shared voting power over 1,872,912 shares.
• The entity holds sole dispositive power over 0 shares and shared dispositive power over 2,029,867 shares.
• The filing is made pursuant to Rule 13d-1(b), indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• Subsidiaries identified as acquiring the security include SSGA FUNDS MANAGEMENT, INC., STATE STREET GLOBAL ADVISORS ASIA LIMITED, STATE STREET GLOBAL ADVISORS EUROPE LIMITED, STATE STREET GLOBAL ADVISORS LIMITED, STATE STREET GLOBAL ADVISORS TRUST COMPANY, STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED, and STATE STREET GLOBAL ADVISORS, LTD., all classified as Investment Advisers (IA).

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of a passive ownership stake, indicating no immediate positive or negative implications for the issuer's operations or financial health. It is a factual report of ownership.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding Synaptics Inc.'s future performance or operations.

Industry Context

This filing indicates that a major institutional asset manager, State Street Corporation, holds a significant passive stake in Synaptics Inc., a technology company. Such holdings are common for large investment firms managing diversified portfolios and reflect their investment strategies across various sectors.

Stakeholder Impact

• Shareholders: The disclosure informs existing and potential shareholders about a significant institutional investor's passive stake in Synaptics Inc., which can influence market perception and liquidity.

Key Dates

Keywords

Synaptics Inc., State Street Corporation, Schedule 13G, beneficial ownership, common stock, institutional investor, passive stake, asset management