Vikram Gupta, Senior Vice President & General Manager, Edge Compute & Connectivity Division, and Chief Product Officer at Synaptics Inc (), recently sold company common stock totaling $41,321. The transactions took place on July 20, 2026.
Mr. Gupta disposed of a total of 360 shares of common stock. These sales were executed under a 10b5-1 trading plan established on September 12, 2025. One block of 350 shares was sold at a weighted average price of $114.76, with individual prices ranging from $114.42 to $115.36. An additional 10 shares were sold at $115.54. The stock currently trades at $113.60, down 7.5% over the past week, though it has delivered strong returns of 28% over six months and 69% over the past year.
Separately, on July 17, 2026, 1,488 shares of common stock, valued at $169,706 at a price of $114.05 per share, were withheld by Synaptics to cover tax withholding obligations associated with the settlement of restricted stock units.
Following these reported transactions, Mr. Gupta directly holds 81,586 shares of Synaptics common stock. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value and is featured on the platform’s Most Overvalued list. Investors can access a comprehensive Pro Research Report on SYNA, one of 1,400+ available reports transforming complex data into clear intelligence.
In other recent news, Synaptics Incorporated announced an acquisition agreement with valued at approximately $7 billion in an all-stock transaction. Under the terms, Synaptics shareholders will receive 1.35 shares of onsemi stock for each Synaptics share, offering a 19% premium based on recent trading prices. Following this announcement, Deutsche Bank downgraded Synaptics from Buy to Hold, setting a price target of $125. Similarly, TD Cowen downgraded the stock to Hold, maintaining a price target of $150.
In addition, Synaptics has signed a memorandum of understanding with Accton Technology Corporation and other partners to explore collaboration on edge AI technologies for unmanned aerial vehicles. Meanwhile, Needham raised its price target for Synaptics to $120, citing growth in the company’s robotics pipeline, particularly in AI-enabled touch controllers. These recent developments reflect a period of significant activity and strategic moves for Synaptics.
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