Synnex Corporation (SNX) - FREE Research Report

Breidenbach Fred A who is Director at Synnex Corporation sold 10,000 shares at $61.34 on Oct. 2, 2013. Following this transaction, the Director owned 29,041 shares meaning that the stake was reduced by 25.61% with the 10,000 share transaction.

Silver Star Developments Ltd who is 10% Owner at Synnex Corporation sold 88,544 shares at $61.60 on Oct. 2, 2013. Following this transaction, the 10% Owner owned 5.8 million shares meaning that the stake was reduced by 1.5% with the 88,544 share transaction.

Miau Matthew who is Director at Synnex Corporation sold 38,544 shares at $61.51 on Oct. 2, 2013. Following this transaction, the Director owned 5.9 million shares meaning that the stake was reduced by 0.65% with the 38,544 share transaction.

The shares most recently traded at $61.40, down $0.11, or 0.18% since the insider transaction. Historical insider transactions for Synnex Corporation go as follows:

  • 24-Week # shares sold: 3,064

The average volume for Synnex Corporation has been 213,100 shares per day over the past 30 days. Synnex Corporation has a market cap of $2.3 billion and is part of the services sector and diversified services industry. Shares are up 81.88% year to date as of the close of trading on Wednesday.

SYNNEX Corporation provides distribution and business process outsourcing (BPO) services to resellers, retailers, and original equipment manufacturers (OEMs) primarily in North America. The company operates in two segments, Distribution Services and Global Business Services (GBS). The company has a P/E ratio of 16.6. Currently there are 3 analysts that rate Synnex Corporation a buy, 1 analyst rates it a sell, and 3 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on SNX - FREE

TheStreet Quant Ratings rates Synnex Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Synnex Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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