Polk Dennis, an insider at TD Synnex Corp (SNX), executed a significant sale of 87,560 shares on September 3, 2025, at a price of $147.82 per share, totaling approximately $12.94 million. Following this transaction, Dennis retains an equal number of shares in the company.
Such decisions reflect various motivations, including personal financial needs, tax planning, or diversification strategies. While insider selling can attract attention, it does not inherently signal negative sentiment toward the company. Investors are advised to consider these transactions as part of a broader context, examining patterns across multiple insiders and time periods rather than focusing on isolated trades.
TD Synnex Corp, a key player in the electrical equipment industry, specializes in the distribution and aggregation of information technology solutions. The company, headquartered in Fremont, California, reported a market capitalization of $12.3 billion and a P/E ratio of 15.89 as of November 8, 2025. With a workforce of 23,000 employees, TD Synnex serves a diverse clientele, including commercial and government sectors. The firm is set to announce its upcoming earnings on June 22, 2026, with an estimated EPS of $3.40 and projected revenue of $15.8 billion.