Why TD SYNNEX (SNX) Stock Is Up Today

TD SYNNEX (SNX) is up 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a mix of positioning ahead of TD SYNNEX’s fiscal third-quarter earnings report on September 24, 2026 and fresh AI-related business momentum disclosed this week. There does not appear to be a major same-day SEC filing tied directly to the move, so part of the gain could also reflect investor optimism around near-term results.

Details:

TD SYNNEX said it will report fiscal third-quarter 2026 results before the market opens on September 24, which often draws pre-earnings buying when investors expect solid execution.

The company published a September 22 update highlighting authorization under Anthropic’s reseller program for Amazon Bedrock, expanding its contracted path for enterprise AI offerings.

TD SYNNEX has also been leaning into broader cloud and AI initiatives, including recent partnership and ecosystem updates that reinforce its role in higher-growth infrastructure and software channels.

Recent analyst data still shows a generally bullish stance on the shares, which may have supported sentiment into the earnings event even without a new same-day rating change.

Sources:

TD SYNNEX Investor Relations, TD SYNNEX Newsroom, SEC, StockAnalysis

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

$SNX Insider Trading Activity

$SNX insiders have traded $SNX stock on the open market 70 times in the past 6 months. Of those trades, 0 have been purchases and 70 have been sales.

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

DENNIS POLK (Chair, Hyve Solutions) has made 0 purchases and 24 sales selling 37,500 shares for an estimated $9,763,729.
RICHARD T HUME has made 0 purchases and 39 sales selling 25,000 shares for an estimated $6,244,739.
MERLINE SAINTIL sold 4,368 shares for an estimated $1,001,407
DAVID GREGORY JORDAN (Chief Financial Officer) sold 3,225 shares for an estimated $611,008
MIRIAM ANNE MURPHY (President, Europe) sold 3,025 shares for an estimated $605,423
REYNA THOMPSON (President, North America) has made 0 purchases and 3 sales selling 2,196 shares for an estimated $490,732.
ANN F VEZINA sold 1,273 shares for an estimated $325,951

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.

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$SNX Hedge Fund Activity

We have seen 409 institutional investors add shares of $SNX stock to their portfolio, and 289 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BRAVE WARRIOR ADVISORS, LLC removed 1,612,014 shares (-52.8%) from their portfolio in Q2 2026, for an estimated $430,955,822
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,353,873 shares (+inf%) to their portfolio in Q2 2026, for an estimated $361,944,407
PRICE T ROWE ASSOCIATES INC /MD/ added 1,166,765 shares (+423.2%) to their portfolio in Q2 2026, for an estimated $311,922,955
METROPOLIS CAPITAL LTD removed 918,344 shares (-71.7%) from their portfolio in Q2 2026, for an estimated $245,510,084
FMR LLC added 883,266 shares (+15.9%) to their portfolio in Q2 2026, for an estimated $236,132,332
DIMENSIONAL FUND ADVISORS LP removed 858,643 shares (-32.0%) from their portfolio in Q2 2026, for an estimated $229,549,619
JPMORGAN CHASE & CO added 854,715 shares (+inf%) to their portfolio in Q2 2026, for an estimated $228,499,508

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.

$SNX Price Targets

Multiple analysts have issued price targets for $SNX recently. We have seen 8 analysts offer price targets for $SNX in the last 6 months, with a median target of $307.5.

Here are some recent targets:

Guy Hardwick from Barclays set a target price of $278.0 on 07/02/2026
Vincent Colicchio from Barrington Research set a target price of $325.0 on 06/26/2026
Erik Woodring from Morgan Stanley set a target price of $374.0 on 06/26/2026
David Vogt from UBS set a target price of $352.0 on 06/26/2026
Michael Ng from Goldman Sachs set a target price of $300.0 on 06/12/2026
David Paige from RBC Capital set a target price of $315.0 on 06/10/2026
Joseph Cardoso from JP Morgan set a target price of $298.0 on 05/27/2026

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.