A Director at SYNNEX (NYSE: SNX) is Selling Shares

Yesterday, a Director at SYNNEX (SNXResearch Report), Kevin Murai, sold shares of SNX for $495.5K.

Following Kevin Murai’s last SNX Sell transaction on April 17, 2019, the stock climbed by 43.1%.

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Based on SYNNEX’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $6.58 billion and quarterly net profit of $174 million. In comparison, last year the company earned revenue of $5.62 billion and had a net profit of $112 million. The company has a one-year high of $153.07 and a one-year low of $78.55. Currently, SYNNEX has an average volume of 572.25K.

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SYNNEX Corp. engages in the provision of distribution, logistics, and integration services for the technology industry. It offers outsourced services focused on customer engagement strategy. It operates its business through the following segments: Technology Solutions and Concentrix.