Anne Vezina, director of Td Synnex, sells shares worth $114,171 By Investing.com

In a recent deal, said Ann F. Vezina, a principal at TD Synex Company (NYSE:), sold shares of the company’s common stock. According to a filing with the Securities and Exchange Commission, Vezina sold 839 shares on January 16, 2025, at a price of $136.08 per share. The total value of the deal was $114,171. The sale comes as SNX trades near its 52-week high of $138.31, with the stock showing strong momentum, up more than 32% in the past year. InvestingPro The data reveals that management has been actively buying back shares, indicating confidence in the company’s future.

Following this sale, Vezina’s direct ownership in the company amounts to 4,856 shares. TD Synnex Corp., a wholesale distributor of computer hardware, software, and peripherals, is headquartered in Fremont, California. With a market capitalization of US$11.8 billion and an overall financial health score of “good” from InvestingProThe company maintains a strong position in the industry. The company has maintained its dividend for 12 consecutive years, currently offering a yield of 1.28%. For deeper insights into SNX’s valuation and growth prospects, access Pro Research’s comprehensive report available on InvestingPro.

In other recent news, TD SYNNEX has seen several noteworthy developments. Company Director, Hao Li, has announced his retirement in preparation for the 2025 Annual Stockholders’ Meeting. On the financial front, TD SYNNEX beat Q4 estimates, reporting adjusted earnings per share of $3.09, beating the consensus estimate of $3.06. , and revenues of $15.84 billion, exceeding analysts’ expectations of $15.25 billion.

This financial success was primarily due to a 10% year-over-year increase in fourth-quarter revenue, driven by growth in our Advanced Solutions and Endpoint Solutions portfolios. Analysts from Loop Capital and Raymond (NSE:) James maintained positive reviews for TD SYNNEX, with Raymond James analyst Adam Tindle raising his price target to $150.

Looking ahead, TD SYNNEX expects first-quarter revenue to fall between $14.4 billion and $15.2 billion, compared to expectations of $14.76 billion. The company also expected first-quarter adjusted earnings per share to range from $2.65 to $3.15, versus analyst estimates of $2.95. Amid these developments, TD SYNNEX continues to demonstrate strong financial health, keeping investors interested in its future performance.

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