In a filing, Avnet Inc revealed its Senior VP – Operations McMullen Elizabeth unloaded Company’s shares for reported $0.21 million on May 13 ’25. In the deal valued at $52.80 per share,4,000 shares were sold. As a result of this transaction, McMullen Elizabeth now holds 14,626 shares worth roughly $0.75 million.
Then, McMullen Elizabeth bought 4,000 shares, generating $211,200 in total proceeds.
Before that, JAMES LAWRENCE bought 3,642 shares. Avnet Inc shares valued at $199,707 were divested by the Director at a price of $54.83 per share.
BofA Securities downgraded its Avnet Inc [AVT] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid September from “an Equal weight” to “an Underweight”. JP Morgan began covering AVT with “an Underweight” recommendation on July 14, 2022. BofA Securities maintained its rating on October 07, 2021. It rated AVT as “a Neutral”.
Price Performance Review of AVT
On Tuesday, Avnet Inc [NASDAQ:AVT] saw its stock fall -0.70% to $51.15. Over the last five days, the stock has lost -1.84%. Avnet Inc shares have fallen nearly -2.24% since the year began. Nevertheless, the stocks have fallen -4.34% over the past one year. While a 52-week high of $59.24 was reached on 01/22/25, a 52-week low of $39.22 was recorded on 04/07/25.
Levels Of Support And Resistance For AVT Stock
The 24-hour chart illustrates a support level at 50.87, which if violated will result in even more drops to 50.59. On the upside, there is a resistance level at 51.61. A further resistance level may holdings at 52.06.
