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A company insider recently sold 1,510 shares of TD Synnex Corp [SNX]. Should You Sale?

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. TD Synnex Corp shares valued at $193,401 were sold by Witt Marshall on Mar 18 ’25. At $128.08 per share, Witt Marshall sold 1,510 shares. The insider’s holdings dropped to 49,843 shares worth approximately $6.46 million following the completion of this transaction.

Also, MARSHALL WITT purchased 1,510 shares, netting a total of over 194,035 in proceeds.

Before that, POLK DENNIS had sold 3,000 shares from its account. In a trade valued at $398,605, the Hyve Solutions Executive traded TD Synnex Corp shares for $132.87 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $12.88 million.

As published in a research note from Barrington Research on March 20, 2025, TD Synnex Corp [SNX] has been retained to an Outperform and the price target has been revised to $156. Analysts at RBC Capital Mkts upgraded the stock from ‘”a Sector perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid July. As of April 16, 2024, UBS has increased its “Neutral” rating to a “Buy” for SNX. Earlier on January 08, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for SNX stock which previously was a “an Overweight”.

Analyzing SNX Stock Performance

During the last five days, there has been a surge of approximately 3.47%. Over the course of the year, TD Synnex Corp shares have jumped approximately 10.49%. Shares of the company reached a 52-week high of $145.10 on 02/18/25 and a 52-week low of $116.12 on 01/03/25. A 50-day SMA is recorded $136.79, while a 200-day SMA reached $123.36.

Support And Resistance Levels for TD Synnex Corp (SNX)

According to the 24-hour chart, there is a support level at 128.50, which, if violated, would cause prices to drop to 127.42. In the upper region, resistance lies at 131.47. The next price resistance is at 133.36. RSI (Relative Strength Index) is 42.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.71, which suggests the price will decrease in the coming days. Percent R is at 64.78%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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