Ninety One UK Reduces $38M in TD SYNNEX Corporation ($SNX)
Key Points
- Ninety One UK changed its TD SYNNEX Corporation ($SNX) stake by 6.0% last quarter, cutting to 2,094,298 shares worth $587.76 million.
- Wall Street's consensus rating on $SNX is Buy and an average price target of $265.09.
- $SNX last traded around $280.65.
Ninety One UK trimmed its position in TD SYNNEX Corporation ($SNX) by 6.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,094,298 shares of TD SYNNEX Corporation after selling 134,793 shares during the quarter. Ninety One UK's holdings in TD SYNNEX Corporation were worth $587.76 million as of its most recent filing.
TD SYNNEX Corporation ($SNX) Stock
TD SYNNEX Corporation Earnings
TD SYNNEX Corporation Dividend
Analysts Set New Price Targets
About TD SYNNEX Corporation
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem in the United States, Europe, and internationally. It offers endpoint solutions, including personal computing devices and peripherals, mobile phones and accessories, printers, and supplies; and advanced solutions comprising data center technologies, such as hybrid cloud, security, storage, networking, servers, software, converged and hyper-converged infrastructure, and hyperscale infrastructure. The company also provides design, integration, test and other production value-added solutions, such as thermal testing, power-draw efficiency testing, burn-in, quality, and logistics support; logistics and field services; depot repair and customer management services; and cloud services, including public cloud solutions in productivity and collaboration, infrastructure as a service, platform as a service, software as a service, security, mobility, AI, and other hybrid solutions. In addition, it offers online services; financing options, including net terms, third party leasing, floor plan financing and letters-of-credit backed financing and arrangements, as well lease products to reseller customers and their end-users and provides device-as-a-service to end-users; and marketing services comprising direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.