TD Synnex Corp’s recent filing unveils that its Director Saintil Merline unloaded Company’s shares for reported $13474.0 on Sep 04 ’24. In the deal valued at $115.16 per share,117 shares were sold. As a result of this transaction, Saintil Merline now holds 5,865 shares worth roughly $0.7 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Witt Marshall sold 11,441 shares, generating $1,260,068 in total proceeds. Upon selling the shares at $110.14, the Chief Financial Officer now owns 45,115 shares.
Before that, MARSHALL WITT bought 11,441 shares. TD Synnex Corp shares valued at $1,257,023 were divested by the Officer at a price of $109.87 per share.
RBC Capital Mkts upgraded its TD Synnex Corp [SNX] rating to an Outperform from a a Sector perform in a research note published on July 15, 2024; the price target was increased to $140 from $135. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “a Buy”. JP Morgan also remained covering SNX and has decreased its forecast on January 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. UBS started covering the stock on November 22, 2023. It rated SNX as “a Neutral”.
Price Performance Review of SNX
On Friday, TD Synnex Corp [NYSE:SNX] saw its stock jump 0.81% to $119.67. Over the last five days, the stock has gained 1.39%. TD Synnex Corp shares have risen nearly 11.21% since the year began. Nevertheless, the stocks have risen 20.34% over the past one year. While a 52-week high of $133.85 was reached on 06/18/24, a 52-week low of $89.73 was recorded on 02/13/24. SMA at 50 days reached $116.10, while 200 days put it at $113.51.
Levels Of Support And Resistance For SNX Stock
The 24-hour chart illustrates a support level at 118.89, which if violated will result in even more drops to 118.11. On the upside, there is a resistance level at 120.38. A further resistance level may holdings at 121.09. The Relative Strength Index (RSI) on the 14-day chart is 59.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.81, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.55%. Stochastics %K at 85.01% indicates the stock is a selling.
How much short interest is there in TD Synnex Corp?
A steep rise in short interest was recorded in TD Synnex Corp stocks on 2024-09-13, dropping by -0.25 million shares to a total of 1.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 1.94 million shares. There was a decline of -14.65%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 01, 2023 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $101 price target.
