Key insider moves
Synaptics Inc. (NASDAQ: SYNA) disclosed that Lisa Bodensteiner, the company's Senior Vice President, Chief Legal Officer and Corporate Secretary, completed a sale of 334 shares of common stock on March 18, 2026. The shares were sold at $74.83 each, yielding proceeds of $24,993. The sale was conducted under a 10b5-1 trading plan that Bodensteiner established on September 9, 2025.
On the prior trading day, March 17, 2026, Bodensteiner also saw 782 shares of common stock disposed of when Synaptics withheld the shares to satisfy tax liabilities connected with the settlement of restricted stock units. That withholding transaction was recorded at $74.56 per share, for a total value of $58,305.
Post-transaction holdings and market context
Following the two transactions, Bodensteiner directly owns 71,191 shares of Synaptics. At the time of this report the stock was trading at $72.36, below its 52-week high of $97 but well above its 52-week low of $41.80.
According to InvestingPro analysis, Synaptics appears undervalued at current market levels, with analyst price targets ranging from $80 to $125. Investors seeking deeper research can access Pro Research Reports that cover Synaptics alongside more than 1,400 other U.S. equities.
Recent financial performance
In related company news, Synaptics reported its fiscal second-quarter 2026 results, delivering an earnings per share (EPS) of $1.21 versus the consensus estimate of $1.15, representing a 5.22% upside to expectations. Revenue for the quarter came in at $302.5 million compared with the projected $300.05 million. Despite the top- and bottom-line beats, the company's share price declined during after-hours trading following the earnings release.
The juxtaposition of an insider transaction and a quarterly beat followed by an after-hours dip is notable for market watchers, although the company’s reported figures show a clear outperformance relative to consensus on both EPS and revenue.
What this means for stakeholders
The disclosed sale under a pre-established 10b5-1 plan and the tax-related withholding from RSU settlement are recorded corporate actions that adjust Bodensteiner’s direct holdings while preserving compliance with insider trading frameworks. The firm's quarterly results demonstrate execution against analyst forecasts, even as short-term market reaction pushed the share price lower in after-hours activity.
Readers should note the specific transaction dates, prices, and plan documentation cited here when assessing insider activity and company performance.