Avnet Stock News

Avnet (AVT) closed the most recent trading day at $39.62, moving +1.15% from the previous trading session.

Avnet (AVT) closed the most recent trading day at $38.82, moving -0.23% from the previous trading session.

Farnell, an Avnet Company and global distributor of electronic components, products and solutions, invites customers and supplier partners to the Big Winter Event celebration taking place on Thursday, 16 December at 12pm GMT. Registration for the virtual event is free and Farnell will be making a £5 donation to the Hearty Foundation for every attendee in honour of

Avnet with ticker code (AVT) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 52 and 34 and has a mean target at 42.63. With the stocks previous close at 38.84 this would imply there is a potential upside of 9.8%. There is a 50 day moving average of 38.29 while the 200 day moving average is 40.4. The market capitalisation for the company is $3,865m. Find out more information at: https://www.avnet.com [stock_market_widget type="chart" symbol="AVT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Avnet, a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers.

Oregon Public Employees Retirement Fund cut its position in Avnet, Inc. (NASDAQ:AVT) by 1.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,401 shares of the companys stock after selling 441 shares during the quarter. Oregon Public Employees []

In the latest trading session, Avnet (AVT) closed at $38.84, marking a -0.41% move from the previous day.

Wall Street analysts expect that Avnet, Inc. (NASDAQ:AVT) will post $1.25 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Avnets earnings. The highest EPS estimate is $1.26 and the lowest is $1.24. Avnet reported earnings per share of $0.48 during the same quarter last year, []

Analysts forecast that Avnet, Inc. (NASDAQ:AVT) will post sales of $5.52 billion for the current quarter, Zacks reports. Three analysts have provided estimates for Avnets earnings, with the highest sales estimate coming in at $5.55 billion and the lowest estimate coming in at $5.51 billion. Avnet reported sales of $4.67 billion in the same quarter []

SummerHaven Investment Management LLC boosted its stake in shares of Avnet, Inc. (NASDAQ:AVT) by 31.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 21,043 shares of the companys stock after purchasing an additional 4,998 shares during the period. SummerHaven Investment Management LLCs holdings in Avnet were worth $778,000 at the end of the []

Avnet (AVT) closed the most recent trading day at $38.05, moving +1.41% from the previous trading session.

Wall Street analysts expect Avnet, Inc. (NASDAQ:AVT) to post $5.52 billion in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Avnets earnings, with the highest sales estimate coming in at $5.55 billion and the lowest estimate coming in at $5.51 billion. Avnet reported sales of $4.67 billion []

Avnet found using ticker (AVT) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 52 and 34 calculating the average target price we see 42.63. Now with the previous closing price of 38.89 this indicates there is a potential upside of 9.6%. The 50 day moving average now sits at 38.12 while the 200 day moving average is 40.36. The company has a market cap of $3,686m. Company Website: /> [stock_market_widget type="chart" symbol="AVT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Avnet, a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers.

Wells Fargo & Company MN lessened its position in Avnet, Inc. (NASDAQ:AVT) by 9.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 926,633 shares of the companys stock after selling 97,988 shares during the quarter. Wells Fargo & Company MN owned about 0.93% []

Mariner LLC decreased its holdings in shares of Avnet, Inc. (NASDAQ:AVT) by 29.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,323 shares of the companys stock after selling 10,848 shares during the period. Mariner LLCs holdings in Avnet []