On February 5, 2024, Richard Hume, CEO of TD Synnex Corp (SNX, Financial), executed a sale of 10,000 shares of the company's stock, according to a recent SEC Filing. TD Synnex Corp is a leading distributor and solutions aggregator for the IT ecosystem, providing a comprehensive range of distribution, logistics, and integration services for the technology industry.
Over the past year, the insider has sold a total of 70,000 shares and has not made any purchases of the company's stock. The recent transaction is part of a trend observed over the past year, where there have been no insider buys and 37 insider sells for TD Synnex Corp.
On the date of the insider's latest transaction, shares of TD Synnex Corp were trading at $100.3, resulting in a market cap of approximately $8.782 billion. The company's price-earnings ratio stands at 14.92, which is below the industry median of 21.24 and above the historical median price-earnings ratio for the company.
The stock's price-to-GF-Value ratio is 0.93, with a share price of $100.3 and a GuruFocus Value of $107.90, indicating that TD Synnex Corp is Fairly Valued based on its GF Value. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
