Matthew Miau, an Insider in SYNNEX (SNX), Unloaded 1000 shares of the Company; Applied Industrial Technologies (AIT)’s Sentiment Is 1.18

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Applied Industrial Technologies Inc (AIT) investors sentiment decreased to 1.18 in Q4 2017. It’s down -0.03, from 1.21 in 2017Q3. The ratio turned negative, as 105 institutional investors opened new and increased stock positions, while 89 trimmed and sold positions in Applied Industrial Technologies Inc. The institutional investors in our database now hold: 31.81 million shares, down from 32.37 million shares in 2017Q3. Also, the number of institutional investors holding Applied Industrial Technologies Inc in top ten stock positions increased from 1 to 2 for an increase of 1. Sold All: 19 Reduced: 70 Increased: 68 New Position: 37.

The stock increased 1.22% or $1.25 during the last trading session, reaching $104.06. About 224,645 shares traded. SYNNEX Corporation (NYSE:SNX) has declined 2.88% since April 13, 2017 and is downtrending. It has underperformed by 14.43% the S&P500.

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally. The company has market cap of $4.13 billion. It operates in two divisions, Technology Solutions and Concentrix. It has a 13.87 P/E ratio. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.08, from 1.08 in 2017Q3. It fall, as 24 investors sold SYNNEX Corporation shares while 81 reduced holdings. 34 funds opened positions while 71 raised stakes. 28.39 million shares or 0.02% more from 28.38 million shares in 2017Q3 were reported. Principal Financial Gru has 0.04% invested in SYNNEX Corporation (NYSE:SNX) for 355,321 shares. Ontario – Canada-based 1832 Asset Management L P has invested 0.02% in SYNNEX Corporation (NYSE:SNX). Ellington Mgmt Gru Ltd Com holds 0.03% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 1,500 shares. State Street holds 993,869 shares or 0.01% of its portfolio. Millennium Llc stated it has 3,539 shares or 0% of all its holdings. Dupont Mgmt holds 0.09% or 29,700 shares. Martingale Asset Lp holds 0.07% or 40,404 shares in its portfolio. Credit Suisse Ag holds 0.01% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 42,086 shares. Louisiana State Employees Retirement Sys holds 7,400 shares or 0.05% of its portfolio. Teacher Retirement Sys Of Texas has invested 0.01% of its portfolio in SYNNEX Corporation (NYSE:SNX). Stone Ridge Asset Mgmt Limited Liability holds 7,186 shares or 0.06% of its portfolio. 13,582 are owned by Raymond James Associate. Ls Investment Advsrs Limited Liability Company, Michigan-based fund reported 1,807 shares. 2,059 are owned by Bluecrest Cap Limited. Qs Invsts Ltd Liability Company, a New York-based fund reported 3 shares.

The director of Synnex Corp, Matthew Miau, has just sold – 1,000 shares of the company he’s managing and operating – coming to a total transaction of $103,038 USD (this based on average share price of $103.0). He also unloaded 2,500 shares with value $248,912 USD in the last month. Matthew Miau right now has 14.07% of the company’s total market capitalization with ownership of 5.59 million shares. 

Among 11 analysts covering SYNNEX (NYSE:SNX), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. SYNNEX has $152.0 highest and $86 lowest target. $129.88’s average target is 24.81% above currents $104.06 stock price. SYNNEX had 34 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, March 24 by Cross Research. Needham reinitiated SYNNEX Corporation (NYSE:SNX) on Friday, June 24 with “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, September 27. The stock has “Buy” rating by Stifel Nicolaus on Sunday, September 10. Citigroup maintained it with “Buy” rating and $101 target in Tuesday, March 29 report. The firm earned “Buy” rating on Friday, June 9 by Stifel Nicolaus. The company was upgraded on Thursday, August 27 by Zacks. The rating was downgraded by Citigroup to “Neutral” on Monday, May 2. The firm has “Buy” rating given on Monday, April 2 by Stifel Nicolaus. As per Tuesday, January 9, the company rating was maintained by Stifel Nicolaus.

Since December 12, 2017, it had 0 insider buys, and 19 insider sales for $211.49 million activity. Another trade for 500 shares valued at $48,973 was made by MIAU MATTHEW on Wednesday, April 4. $244,224 worth of SYNNEX Corporation (NYSE:SNX) was sold by POLK DENNIS. 300 SYNNEX Corporation (NYSE:SNX) shares with value of $36,577 were sold by Wurster Thomas S. Another trade for 300 shares valued at $30,096 was sold by Witt Marshall. SILVER STAR DEVELOPMENTS LTD also sold $58.77 million worth of SYNNEX Corporation (NYSE:SNX) shares. $265,489 worth of SYNNEX Corporation (NYSE:SNX) shares were sold by MURAI KEVIN M. $122,993 worth of stock was sold by LEUNG SIMON on Thursday, March 1.

Analysts await Applied Industrial Technologies, Inc. (NYSE:AIT) to report earnings on April, 26. They expect $0.93 earnings per share, up 24.00% or $0.18 from last year’s $0.75 per share. AIT’s profit will be $35.97M for 19.31 P/E if the $0.93 EPS becomes a reality. After $0.77 actual earnings per share reported by Applied Industrial Technologies, Inc. for the previous quarter, Wall Street now forecasts 20.78% EPS growth.

The stock increased 0.98% or $0.7 during the last trading session, reaching $71.85. About 71,730 shares traded. Applied Industrial Technologies, Inc. (AIT) has risen 19.34% since April 13, 2017 and is uptrending. It has outperformed by 7.79% the S&P500.

Applied Industrial Technologies, Inc. distributes industrial products in the United States, Puerto Rico, Canada, Mexico, Australia, New Zealand, and Singapore. The company has market cap of $2.78 billion. The firm offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It has a 19.21 P/E ratio. It operates in two divisions, Service Center-Based Distribution and Fluid Power Businesses.

Since January 1, 0001, it had 0 insider buys, and 4 selling transactions for $1.42 million activity.

Grace & White Inc Ny holds 3.31% of its portfolio in Applied Industrial Technologies, Inc. for 241,844 shares. Palisade Capital Management Llc Nj owns 474,094 shares or 1.09% of their US portfolio. Moreover, Fruth Investment Management has 0.71% invested in the company for 24,700 shares. The Massachusetts-based Btim Corp. has invested 0.49% in the stock. Anchor Bolt Capital Lp, a Illinois-based fund reported 196,574 shares.

SYNNEX Corporation (NYSE:SNX) Institutional Positions Chart