Today, the Exec VP, CIO of Tech Data Corp (TECD), John Tonnison, sold shares of TECD for $435.2K.
In addition to John Tonnison, one other TECD executive reported Sell trades in the last month.
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Based on Tech Data Corp’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $9.34 billion and quarterly net profit of $114 million. In comparison, last year the company earned revenue of $9.14 billion and had a net profit of $37.27 million. TECD’s market cap is $3.21B and the company has a P/E ratio of 14.58. Currently, Tech Data Corp has an average volume of 451.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $101.67, reflecting a 17.6% upside.
The insider sentiment on Tech Data Corp has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Tech Data Corp. distributes technology products, services and solutions. It provides services, such as data center, e-business, private label delivery, supply chain, shipping and technical; and solutions, such as security, software, mobile and consumer technology. It operates through two geographical segments: Americas and Europe.
