COO of SYNNEX Corp. (SNX) Dennis Polk sells 3,000 shares of SNX on 05/01/2012 at an average price of $38.01 a share.

Synnex Corp has a market cap of $1.41 billion; its shares were traded at around $36.52 with a P/E ratio of 8.8 and P/S ratio of 0.1. Synnex Corp had an annual average earning growth of 16% over the past 5 years.


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:

• Director Fred A Breidenbach sold 6,666 shares of SNX stock on 04/30/2012 at the average price of 38.13. Fred A Breidenbach owns at least 36,478 shares after this. The price of the stock has decreased by 4.22% since.
• Director Dwight Steffensen sold 8,000 shares of SNX stock on 04/27/2012 at the average price of 38.66. Dwight Steffensen owns at least 2,782 shares after this. The price of the stock has decreased by 5.54% since.
• COO Dennis Polk sold 3,000 shares of SNX stock on 04/02/2012 at the average price of 38.17. Dennis Polk owns at least 43,449 shares after this. The price of the stock has decreased by 4.32% since.
• COO Dennis Polk sold 3,000 shares of SNX stock on 03/01/2012 at the average price of 41.35. Dennis Polk owns at least 43,449 shares after this. The price of the stock has decreased by 11.68% since.
• COO Dennis Polk sold 3,000 shares of SNX stock on 02/01/2012 at the average price of 36.6. Dennis Polk owns at least 43,449 shares after this. The price of the stock has decreased by 0.22% since.

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

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

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