New insider activity at TD SYNNEX Corporation ( (SNX) ) has taken place on May 2, 2025.
Miriam Anne Murphy, the President of Europe at TD SYNNEX Corporation, has recently sold 3,000 shares of the company’s stock, amounting to a total transaction value of $330,000.
Recent Updates on SNX stock
Recent developments regarding TD SYNNEX Corporation’s stock include a series of price target reductions by major financial firms. RBC Capital lowered its price target due to near-term uncertainty and FY25 guidance, although it remains optimistic about the company’s mid-term growth potential. Barclays also reduced its price target following the company’s analyst day, citing macroeconomic caution and slightly below-expectation medium-term TSR targets. Additionally, incremental disclosures about the Hyve business were noted as TD SYNNEX works on expanding its customer base. These adjustments reflect a cautious outlook amid broader market conditions, despite the company’s reported strong Q1 2025 results.
Spark’s Take on SNX Stock
According to Spark, TipRanks’ AI Analyst, SNX is a Neutral.
TD SYNNEX’s overall stock score reflects a blend of strong revenue growth and stable financial structure, countered by challenges with cash flow and technical indicators showing bearish trends. While the company shows potential value based on its low P/E ratio and dividend yield, operational pressures, particularly in the Hive segment, and increased interest expenses weigh on the outlook. Continued focus on enhancing cash flow efficiency and cost management will be crucial for future financial health.
To see Spark’s full report on SNX stock, click here.
More about TD SYNNEX Corporation
YTD Price Performance: -4.82%
Average Trading Volume: 968,138
Technical Sentiment Signal: Hold
Current Market Cap: $9.3B