Avnet (AVT) - FREE Research Report

Noonan Frank R who is Director at Avnet sold 3,003 shares at $41.23 on Jan. 30, 2014. Following this transaction, the Director owned 0 shares meaning that the stake was reduced by 100% with the 3,003-share transaction.

The shares most recently traded at $40.88, down $0.35, or 0.86% since the insider transaction. Historical insider transactions for Avnet go as follows:

  • 4-Week # shares sold: 11,740
  • 12-Week # shares sold: 11,740
  • 24-Week # shares sold: 22,789

The average volume for Avnet has been 803,700 shares per day over the past 30 days. Avnet has a market cap of $5.6 billion and is part of the services sector and wholesale industry. Shares are down 6.23% year-to-date as of the close of trading on Thursday.

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. The stock currently has a dividend yield of 1.47%. The company has a P/E ratio of 12.5. Currently there are 5 analysts that rate Avnet a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Avnet as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Avnet 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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