On October 9, 2024, Ann Vezina, Director at TD Synnex Corp (SNX, Financial), executed a sale of 1,937 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 5,695 shares of TD Synnex Corp.
TD Synnex Corp is a leading distributor and solutions aggregator for the IT ecosystem. The company's services include comprehensive logistics solutions, integration services, and technology solutions that help businesses to manage their IT needs efficiently.
Over the past year, Ann Vezina has sold a total of 1,937 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 30 insider sells and no insider buys over the past year.
Shares of TD Synnex Corp were priced at $121.11 on the day of the sale. The company has a market cap of approximately $10.31 billion. The price-earnings ratio of TD Synnex Corp stands at 15.67, which is below the industry median of 22.81, indicating a potentially lower valuation relative to its peers.
The GF Value of TD Synnex Corp is $112.26, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.08. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past performance, and future business expectations.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics. With the stock being fairly valued according to the GF Value, potential investors should consider both the insider activity and the company's valuation frameworks.
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.
