Ingram Micro Slides as Large Secondary Share Sale Pressures Stock

Ingram Micro Holding Corporation (INGM) is down 6.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a newly priced secondary offering by the company’s principal stockholder, which can weigh on shares by increasing near-term supply and signaling another insider exit. The pressure likely outweighed the support from Ingram Micro’s planned concurrent repurchase of a smaller block of shares.

Details:

Ingram Holdco, an affiliate of Platinum Equity, priced a secondary public offering of 13,125,000 shares at $27.25 per share.

The seller, not the company, will receive the net proceeds, and Ingram Micro stated that it is not issuing stock in the deal.

Ingram Micro separately authorized the repurchase of 625,000 shares from the underwriter using cash on hand, which offsets only part of the added market supply.

This follows earlier secondary sales in 2026, which could be reinforcing concerns about an ongoing share overhang from the controlling shareholder.

Sources:

Ingram Micro Investor Relations, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$INGM Insider Trading Activity

$INGM insiders have traded $INGM stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $INGM stock by insiders over the last 6 months:

EQUITY, LLC PLATINUM has made 0 purchases and 2 sales selling 6,515,383 shares for an estimated $178,800,000.
AUGUSTO ARAGONE (Executive VP, Secretary & GC) has made 0 purchases and 2 sales selling 60,000 shares for an estimated $1,764,859.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$INGM Hedge Fund Activity

We have seen 163 institutional investors add shares of $INGM stock to their portfolio, and 71 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PLATINUM EQUITY ADVISORS, LLC/DE removed 19,638,222 shares (-10.0%) from their portfolio in Q2 2026, for an estimated $538,676,429
D. E. SHAW & CO., INC. added 3,597,857 shares (+8454.0%) to their portfolio in Q2 2026, for an estimated $98,689,217
AMERICAN CENTURY COMPANIES INC added 2,398,897 shares (+114.2%) to their portfolio in Q2 2026, for an estimated $65,801,744
MILLENNIUM MANAGEMENT LLC added 1,408,435 shares (+114.9%) to their portfolio in Q2 2026, for an estimated $38,633,372
QUBE RESEARCH & TECHNOLOGIES LTD added 1,406,247 shares (+inf%) to their portfolio in Q2 2026, for an estimated $38,573,355
FIRST TRUST ADVISORS LP added 1,302,348 shares (+265.3%) to their portfolio in Q2 2026, for an estimated $35,723,405
AQR CAPITAL MANAGEMENT LLC added 910,713 shares (+155.5%) to their portfolio in Q2 2026, for an estimated $24,980,857

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$INGM Price Targets

Multiple analysts have issued price targets for $INGM recently. We have seen 5 analysts offer price targets for $INGM in the last 6 months, with a median target of $30.0.

Here are some recent targets:

Erik Woodring from Morgan Stanley set a target price of $33.0 on 06/23/2026
Samik Chatterjee from JP Morgan set a target price of $27.0 on 05/27/2026
Matthew Niknam from Truist Securities set a target price of $29.0 on 05/05/2026
Katherine Murphy from Goldman Sachs set a target price of $30.0 on 04/23/2026
David Paige from RBC Capital set a target price of $33.0 on 04/21/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.