Synaptics CEO Rahul Patel Sells $205,290 in Company Stock Amid Strong Earnings
Synaptics CEO Rahul Patel sells $205,290 in company stock
Investing Australia
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Rahul G. Patel, President and CEO of Synaptics Inc., sold 2,281 shares of the company for $205,290 on April 24, 2026. This sale occurred as the stock neared its 52-week high, following a strong earnings report that exceeded analyst expectations.
- 01Rahul G. Patel sold 2,281 shares for $205,290 at $90.00 per share.
- 02The stock is trading near its 52-week high of $97, reflecting a 67% return over the past year.
- 03The sale was made under a 10b5-1 trading plan established in September 2025.
- 04Synaptics reported earnings per share of $1.21, surpassing the forecast of $1.15.
- 05Despite strong earnings, the stock declined in after-hours trading.
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On April 24, 2026, Rahul G. Patel, President and CEO of Synaptics Inc. (NASDAQ: SYNA), sold 2,281 shares of the company's stock for $205,290, at a price of $90.00 per share. This transaction was executed under a 10b5-1 trading plan established on September 4, 2025. The sale comes as Synaptics' stock approaches its 52-week high of $97, reflecting a 67% return over the past year. Recently, the company reported its second-quarter fiscal year 2026 earnings, achieving an earnings per share (EPS) of $1.21, which exceeded the forecast of $1.15 by 5.22%. Additionally, revenue reached $302.5 million, surpassing the expected $300.05 million. Despite these positive results, the stock experienced a decline in after-hours trading, highlighting the complex dynamics of market reactions to earnings announcements.
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