LSV Asset Management lowered its stake in shares of Avnet, Inc. (NASDAQ:AVT – Free Report) by 2.5% in the fourth quarter, Holdings Channel reports. The firm owned 2,999,918 shares of the company’s stock after selling 77,550 shares during the period. LSV Asset Management’s holdings in Avnet were worth $151,196,000 as of its most recent filing […]
Avnet (NASDAQ:AVT – Get Free Report) had its target price lowered by stock analysts at Truist Financial from $49.00 to $48.00 in a report released on Thursday, Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s target price indicates a potential downside of 2.85% from the stock’s current price. Separately, […]
Avnet (NASDAQ:AVT – Get Free Report) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.90-1.00 for the period, compared to the consensus estimate of $1.12. The company issued revenue guidance of $5.20-5.50 billion, compared to the consensus revenue estimate of $5.74 billion. […]
Avnet, Inc. (NASDAQ:AVT – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $48.87, but opened at $46.60. Avnet shares last traded at $48.65, with a volume of 98,604 shares traded. Analyst Upgrades and Downgrades Separately, The Goldman Sachs Group reduced their price objective on […]
SummerHaven Investment Management LLC increased its holdings in Avnet, Inc. (NASDAQ:AVT – Free Report) by 1.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,590 shares of the company’s stock after purchasing an additional 222 shares during the period. SummerHaven Investment Management LLC’s holdings in […]