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SYNNEX Corp. (SNX) COO Dennis Polk sells 3,000 Shares

March 03, 2011 | About:
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insider

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COO of SYNNEX Corp. (SNX) Dennis Polk sells 3,000 shares of SNX on 03/01/2011 at an average price of $35.04 a share.

Synnex Corp. has a market cap of $1.29 billion; its shares were traded at around $35.5 with a P/E ratio of 10.9 and P/S ratio of 0.2. Synnex Corp. had an annual average earning growth of 14.9% over the past 5 years.

Hedge Fund Gurus that owns SNX: Bruce Kovner of Caxton Associates. Mutual Fund and Other Gurus that owns SNX: Jeremy Grantham of GMO LLC.


This is the insider trade history vs. stock price of SNX. For the complete insider trading history of SNX, click here.




Directors and Officers Recent Trades:


  • Sell: Director Matthew Miau sold 6,495 shares of SNX stock on 02/24/2011 at the average price of 34.36. Matthew Miau owns at least 326,279 shares after this. The price of the stock has increased by 3.32% since.
  • Sell: Director Matthew Miau sold 1,505 shares of SNX stock on 02/24/2011 at the average price of 34.39. Matthew Miau owns at least 10,929,465 shares after this. The price of the stock has increased by 3.23% since.
  • Sell: Director Matthew Miau sold 8,000 shares of SNX stock on 02/14/2011 at the average price of 34.9. Matthew Miau owns at least 10,937,465 shares after this. The price of the stock has increased by 1.72% since.
  • Sell: Director Matthew Miau sold 7,700 shares of SNX stock on 02/10/2011 at the average price of 35.01. Matthew Miau owns at least 341,074 shares after this. The price of the stock has increased by 1.4% since.
  • Sell: Director Matthew Miau sold 300 shares of SNX stock on 02/10/2011 at the average price of 34.98. Matthew Miau owns at least 10,945,465 shares after this. The price of the stock has increased by 1.49% since.


For the complete insider trading history of SNX, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 3.8/5 (8 votes)

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