Dennis Polk, Chair of HYVE Solutions at TD Synnex, sold 2,500 common shares on May 15, 2026. The transactions totaled $575,937, with prices ranging from $229.74 to $231.26.
SNX shares are trading near their 52-week high of $242 after an 88% return over the past year. The sales were executed indirectly through the Polk Family Trust under a Rule 10b5-1 trading plan adopted on January 16, 2026.
After the sale, Polk's indirect ownership through the trust stands at 79,147 shares, with direct holdings of 22,439 shares. According to Bond.az analysis, SNX appears undervalued at current levels.
In other news, TD Synnex reported strong Q1 fiscal 2026 results. Raymond James raised its price target to $200, RBC Capital to $210, UBS to $265, and BofA Securities to $270. Aura Business partnered with TD Synnex to distribute its BYOD security solution.
