The insider sales are trivial in size and likely liquidity-driven after a strong earnings report. No bearish signal. Monitor for any larger open-market sales (>$5M or >0.1% of market cap) from C-suite executives, which would be more informative. The positive earnings momentum and raised guidance remain the dominant narrative.
Price Chart
Executive Summary
Two Synaptics insiders (Vikram Gupta and Lisa Bodensteiner) sold a combined $150K in open-market sales on May 19, 2026, following the company's strong Q3 FY2026 earnings release on May 7. The sales are small relative to Synaptics' $4.8B market cap (0.003%), and multiple other insiders concurrently surrendered shares for tax withholding on May 17, suggesting the open-market sales may be liquidity-driven rather than signaling a bearish view. The cluster occurs within 14 days of a positive earnings report (revenue +10% YoY, Core IoT +31% YoY, raised guidance), which amplifies the context per cross-filing actuarial verdicts, but the dollar amounts are trivial.
Key Financial Metrics
Key Facts
- Two insiders sold open-market: Gupta (692 shares, $79K) and Bodensteiner (612 shares, $70K) on May 19 at $114.83
- Total open-market sales of $150K represent ~0.003% of Synaptics' $4.8B market cap — immaterial
- Four insiders (Bodensteiner, Rizvi, Song, Ganesan) also surrendered shares for tax withholding on May 17, totaling $1.3M in non-cash transactions
- Sales follow May 7 earnings: Q3 FY2026 revenue $294.2M (+10% YoY), Core IoT +31% YoY, non-GAAP EPS $1.09, Q4 guidance above consensus
- Cross-filing actuarial verdicts show amplifier effects for cluster + earnings context, but the dollar magnitude is too small to warrant a directional call
Financial Impact
Open-market sales of $150K — 0.003% of market cap; tax-withholding transactions of $1.3M are non-cash and non-directional
Risk Factors
- Insider sales could accelerate if the stock continues to rise post-earnings, but current activity is negligible
- Semiconductor cyclicality and tariff uncertainties noted in earnings outlook could pressure future results
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SYNA-1779298735841 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | DEFA14A | $89.24 $98.10 | ▲ +9.93% | ▲ +7.36% | $121.64 (+36.31%) |
Aug 27, 2026 5w ago | 425 | $97.59 $97.68 | ▲ +0.09% | ▼ −0.18% | $121.64 (+24.65%) |
Aug 26, 2026 5w ago | Insider Cluster | $95.70 $95.99 | ▲ +0.30% | ▲ +0.42% | $121.64 (+27.11%) |
Aug 21, 2026 6w ago | 425 | $97.66 $95.08 | ▼ −2.64% | ▼ −3.12% | $121.64 (+24.56%) |
Aug 21, 2026 6w ago | 8-K | $97.66 $95.08 | ▼ −2.64% | ▼ −3.12% | $121.64 (+24.56%) |
Aug 19, 2026 6w ago | Insider Cluster | $100.98 $95.70 | ▼ −5.23% | ▼ −4.84% | $121.64 (+20.46%) |
Jul 28, 2026 9w ago | Insider Cluster | $110.87 $105.72 | ▼ −4.65% | ▼ −6.91% | $121.64 (+9.72%) |
Jul 21, 2026 10w ago | Insider Cluster | $119.32 $116.42 | ▼ −2.43% | ▼ −1.20% | $121.64 (+1.95%) |
Jul 15, 2026 11w ago | Press Release | $115.55 $117.60 | ▼ −1.77% | ▼ −3.44% | $121.64 (−5.27%) |
Jun 26, 2026 14w ago | 425 | $121.00 $119.52 | ▼ −1.22% | ▼ −3.39% | $121.64 (+0.53%) |
US Market Status
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