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TD SYNNEX Slides as Investors Weigh BlueStar Deal and Recent Volatility

Investivoq PriceTracker

TD SYNNEX Corporation (SNX) is down 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued investor caution after TD SYNNEX agreed to acquire BlueStar, a deal announced last week without publicly disclosed financial terms. With no major fresh company announcement on October 15, the pullback also looks consistent with profit-taking and position adjustments after a choppy stretch following the company’s late-September earnings release.

Details:

  • TD SYNNEX announced on October 7 that it entered into a definitive agreement to acquire BlueStar, expanding into AIDC, RFID, point-of-sale, robotics, and security technologies, but the release did not include deal terms.
  • The company posted record fiscal third-quarter 2026 results on September 24, including revenue of $21.6 billion and non-GAAP EPS of $5.68, both above its outlook.
  • TD SYNNEX also guided for fiscal fourth-quarter 2026 revenue of $21.8 billion to $22.6 billion and non-GAAP EPS of $5.65 to $6.15, showing the business backdrop remains solid even as the stock has traded sharply around recent updates.
  • Recent price action has been volatile, with a steep drop on September 24, a rebound in early October, and another decline this week, which suggests sentiment and deal-related uncertainty may be amplifying the move.

    • Sources:

    TD SYNNEX Investor Relations, TD SYNNEX Newsroom, ChartExchange

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $SNX Insider Trading Activity

    SNX Insider Trades

    $SNX insiders have traded $SNX stock on the open market 68 times in the past 6 months. Of those trades, 0 have been purchases and 68 have been sales.

    Here’s a breakdown of recent trading of $SNX stock by insiders over the last 6 months:

    • DENNIS POLK (Chair, Hyve Solutions) has made 0 purchases and 24 sales selling 37,500 shares for an estimated $9,763,729.
    • RICHARD T HUME has made 0 purchases and 39 sales selling 25,000 shares for an estimated $6,244,739.
    • MERLINE SAINTIL sold 4,368 shares for an estimated $1,001,407
    • REYNA THOMPSON (President, North America) has made 0 purchases and 3 sales selling 2,196 shares for an estimated $490,732.
    • ANN F VEZINA sold 1,273 shares for an estimated $325,951

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $SNX Hedge Fund Activity

    We have seen 390 institutional investors add shares of $SNX stock to their portfolio, and 258 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • BRAVE WARRIOR ADVISORS, LLC removed 1,612,014 shares (-52.8%) from their portfolio in Q2 2026, for an estimated $430,955,822
    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,353,873 shares (+inf%) to their portfolio in Q2 2026, for an estimated $361,944,407
    • PRICE T ROWE ASSOCIATES INC /MD/ added 1,166,765 shares (+423.2%) to their portfolio in Q2 2026, for an estimated $311,922,955
    • METROPOLIS CAPITAL LTD removed 918,344 shares (-71.7%) from their portfolio in Q2 2026, for an estimated $245,510,084
    • FMR LLC added 883,266 shares (+15.9%) to their portfolio in Q2 2026, for an estimated $236,132,332
    • DIMENSIONAL FUND ADVISORS LP removed 858,643 shares (-32.0%) from their portfolio in Q2 2026, for an estimated $229,549,619
    • JPMORGAN CHASE & CO added 854,715 shares (+inf%) to their portfolio in Q2 2026, for an estimated $228,499,508

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $SNX Price Targets

    Multiple analysts have issued price targets for $SNX recently. We have seen 8 analysts offer price targets for $SNX in the last 6 months, with a median target of $307.5.

    Here are some recent targets:

    • Guy Hardwick from Barclays set a target price of $278.0 on 07/02/2026
    • Vincent Colicchio from Barrington Research set a target price of $325.0 on 06/26/2026
    • Erik Woodring from Morgan Stanley set a target price of $374.0 on 06/26/2026
    • David Vogt from UBS set a target price of $352.0 on 06/26/2026
    • Michael Ng from Goldman Sachs set a target price of $300.0 on 06/12/2026
    • David Paige from RBC Capital set a target price of $315.0 on 06/10/2026
    • Joseph Cardoso from JP Morgan set a target price of $298.0 on 05/27/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.