Satish Ganesan Sells Shares of Synaptics

Satish Ganesan, a Senior Vice President at Synaptics Incorporated, sold 147 shares of the company on June 17, 2026. The shares were sold at an average price of $133.53, bringing the total transaction value to $19,628.91. This sale was not part of a pre-arranged trading plan.

Insider Buying and Selling at Synaptics Incorporated

In addition to Ganesan's transaction, other insiders have been active as well. On June 18, 2026, Lisa Bodensteiner, Senior Vice President and Chief Legal Officer, sold 334 shares at $138.28 under a planned sale. Esther Song, Vice President and Corporate Controller, also sold 126 shares at the same price on the same day. On June 17, 2026, Bodensteiner sold another 783 shares at $133.53, and Song sold 138 shares at the same price, both outside of planned trades.

Other Institutional Activity in Synaptics

Institutional investors have also been adjusting their positions in Synaptics. Ameriprise Financial Inc. added 526,461 shares, ending with 7,547,699 shares valued at about $528.6 million. BlackRock, Inc. reduced its holdings by 447,821 shares, leaving it with 4,895,581 shares worth approximately $342.9 million. Vanguard Portfolio Management LLC established a position with 2,663,664 shares, valued at around $186.6 million. State Street Corp increased its stake by 100,142 shares to a total of 2,085,833 shares, valued at $146.1 million.

Synaptics Incorporated Stock Up 48.1%

Shares of NasdaqGS:SYNA traded near $133.53. Synaptics has a market cap of about $5.16 billion and a forward P/E ratio of 25.32. The stock has a 52-week low of $58.28 and a high of $149.11, with a 50-day moving average of $113.35 and a 200-day moving average of $84.44. The company has a current ratio of 3.04 and a quick ratio of 2.28, with a debt-to-equity ratio of 64.72.

Recent Earnings

Synaptics reported revenue of $1.17 billion, showing a growth rate of 10.4%. However, the company recorded a net margin of -4.1% and a return on equity of -3.5%. The company is expected to announce its next earnings on August 6, 2026.

Analysts Set New Price Targets

On June 9, 2026, Wells Fargo maintained its 'buy' rating for Synaptics with a price target of $155. Previously, on May 20, 2026, Rosenblatt also maintained a 'buy' rating with a target of $180. Other firms like JP Morgan and Barclays have set targets at $115 and $110, respectively, with 'buy' ratings.

About Synaptics Incorporated

Synaptics Incorporated develops and sells semiconductor products globally. It offers a range of products, including touch, display, biometrics, and voice technologies, for various applications such as mobile, personal computers, and smart home devices. The company is based in San Jose, California, and employs around 1,700 people. Its CEO is Rahul G. Patel.

Bottom Line

Satish Ganesan's recent sale of Synaptics shares is a part of ongoing insider activity at the company. Investors often watch these transactions to gauge insider sentiment. Synaptics remains a significant player in the semiconductor industry with a solid market presence. Remember, insider transactions are reported after they occur and may not reflect current positions.