Henkels Virginia, an insider at Avnet Inc (AVT), purchased 3,536 shares of the company stock on December 16, 2025, at a price of $48.62 per share, bringing the total transaction value to approximately $172,000. Following this transaction, Virginia holds a total of 3,536 shares in Avnet.
Avnet, headquartered in Phoenix, Arizona, is a leading distributor of electronic components, employing 14,869 full-time staff. The company operates in the electrical equipment industry, providing a wide range of products including semiconductors and passive components. Its primary operating groups, Electronic Components (EC) and Farnell, serve diverse markets from industrial to automotive.
The move underscores insider buying as a potential indicator of confidence in the company's future. However, investors are advised to consider insider transactions in conjunction with broader market data and trends. Patterns of buying activity across multiple insiders can offer more comprehensive insights than isolated transactions.
Avnet's financial snapshot as of November 8, 2025, shows a market capitalization of $3.8 billion, a P/E ratio of 16.50, and an EPS of 2.68. The company also boasts a dividend yield of 296.8%. Upcoming earnings reports are expected on April 28, 2026, with an EPS estimate of $1.22 and revenue of $5.9 billion, followed by another report on August 4, 2026, with an EPS estimate of $1.37 and revenue of $6.1 billion.