Why Synaptics' Product Chief Filing Connects to Core IoT Sales Growing 24%
The majority of this activity was non-discretionary tax withholding on vesting equity.
On August 17 and 18, Synaptics Incorporated's chief product officer, Vikram Gupta, sold a combined total of 21,982 shares of the company's common stock, according to a recent SEC Form 4 filing. The weighted average sale price for the transactions was $109.23, while the post-transaction value based on the August 18 market close was $104.83.
Synaptics Incorporated, a global semiconductor solutions provider with around 1,700 employees and a market capitalization of $4.1 billion, specializes in human-machine interface technologies and signal processing. The company develops differentiated semiconductor products that cater to the needs of both consumer and enterprise markets.
With trailing twelve months (TTM) revenue of $1.2 billion, Synaptics is focused on innovation in audio, video, display, and connectivity solutions, aiming to enhance device performance and user experience.
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