In a filing, TD Synnex Corp revealed its Hyve Solutions Executive POLK DENNIS unloaded Company’s shares for reported $0.32 million on Apr 09 ’25. In the deal valued at $105.00 per share,3,000 shares were sold. As a result of this transaction, POLK DENNIS now holds 96,387 shares worth roughly $9.93 million.
Then, Witt Marshall sold 1,510 shares, generating $193,401 in total proceeds. Upon selling the shares at $128.08, the Chief Financial Officer now owns 49,843 shares.
Before that, MARSHALL WITT bought 1,510 shares. TD Synnex Corp shares valued at $194,035 were divested by the Officer at a price of $128.50 per share.
Barrington Research reiterated its TD Synnex Corp [SNX] rating to an Outperform in a research note published on March 20, 2025; the price target was $156. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in mid July from “a Sector perform” to “an Outperform”. UBS also remained covering SNX and has increased its forecast on April 16, 2024 with a “Buy” recommendation from previously “Neutral” rating. JP Morgan revised its rating on January 08, 2024. It rated SNX as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of SNX
On Monday, TD Synnex Corp [NYSE:SNX] saw its stock jump 1.08% to $103.06. Over the last five days, the stock has gained 4.73%. TD Synnex Corp shares have fallen nearly -12.12% since the year began. Nevertheless, the stocks have fallen -10.06% over the past one year. While a 52-week high of $145.10 was reached on 02/18/25, a 52-week low of $92.23 was recorded on 04/07/25. SMA at 50 days reached $126.90, while 200 days put it at $121.65.
Levels Of Support And Resistance For SNX Stock
The 24-hour chart illustrates a support level at 101.84, which if violated will result in even more drops to 100.61. On the upside, there is a resistance level at 104.65. A further resistance level may holdings at 106.23. The Relative Strength Index (RSI) on the 14-day chart is 36.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.58%. Stochastics %K at 26.65% indicates the stock is a holding.
How much short interest is there in TD Synnex Corp?
A steep rise in short interest was recorded in TD Synnex Corp stocks on 2025-03-31, growing by 1.92 million shares to a total of 3.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.3 million shares. There was a rise of 59.52%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 22, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $105 price target.
