Business Services Industry
San Jose Mercury News, Calif., Insider Trading column.
Knight Ridder/Tribune Business News, December, 2004
By Dan Lee, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News
Dec. 20--IPOD'S POPULARITY A BOON TO SYNAPTICS: Executives at Apple Computer aren't the only insiders cashing in on the company's hot-selling iPod music player.
Just ask executives at Synaptics, the San Jose maker of electronic instruments that turns out iPod's scroll wheel.
Eight Synaptics insiders sold a combined $10.64 million in company stock last month as the company's stock rose to a 52-week high. The stock has gained 132 percent in the past 12 months.
Among those with the biggest gains, Synaptics Vice President of Operations William Stacy exercised options to buy 40,045 company shares for prices ranging from $6 to $9.96 each Nov. 23, according...
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