TD Synnex
About: TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and datacenter infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include, the Americas, Europe, and APJ.
Employees: 28,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
107% more repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 108
52% more call options, than puts
Call options by funds: $72M | Put options by funds: $47.5M
13% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 71
2% more funds holding
Funds holding: 466 [Q1] → 475 (+9) [Q2]
12.04% less ownership
Funds ownership: 96.57% [Q1] → 84.53% (-12.04%) [Q2]
13% less capital invested
Capital invested by funds: $9.73B [Q1] → $8.5B (-$1.23B) [Q2]
43% less funds holding in top 10
Funds holding in top 10: 14 [Q1] → 8 (-6) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Loop Capital Ananda Baruah 77% 1-year accuracy 10 / 13 met price target | 25%upside $150 | Buy Reiterated | 7 Oct 2024 |
Barclays Tim Long 65% 1-year accuracy 26 / 40 met price target | 10%upside $132 | Equal-Weight Maintained | 27 Sept 2024 |
Barrington Research Vincent Colicchio 62% 1-year accuracy 41 / 66 met price target | 15%upside $138 | Outperform Maintained | 27 Sept 2024 |
RBC Capital Ashish Sabadra 94% 1-year accuracy 47 / 50 met price target | 17%upside $140 | Outperform Reiterated | 27 Sept 2024 |
Barrington Research Vincent Colicchio 62% 1-year accuracy 41 / 66 met price target | 15%upside $138 | Outperform Maintained | 23 Sept 2024 |
Financial journalist opinion
Based on 18 articles about SNX published over the past 30 days
