TD SYNNEX (SNX) Chair, Hyve Solutions Polk Sells $994K of Stock
Key Points
- Dennis Polk, Chair of Hyve Solutions at TD SYNNEX Corporation, sold 3,955 shares on October 21, 2026, at an average price of $251.27.
- The transaction reduced Polk's direct stake by 16.14%, leaving him with 20,550 shares.
- TD SYNNEX pays an annual dividend of $1.92 per share, yielding 0.77% with a payout ratio of 11.5%.
Since the trade, $SNX is down 1.6% to date (from the $251.14 close on Oct 21, 2026).
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Inside Dennis Polk's TD SYNNEX Trade
Dennis Polk, Chair of Hyve Solutions at TD SYNNEX Corporation NYSE: SNX, sold 3,955 shares of company stock on October 21, 2026. According to a Form 4 filing with the SEC, the shares were sold at a price of $251.27 each, for a total transaction value of $993,772.85. Following the sale, Polk directly owns 20,550 shares of the company, cutting his holding by 16.14%. This follows several earlier transactions by Polk, adding to his recent series of sales in the stock since September.
SNX
TD SYNNEX Corporation
Other Institutional Activity in TD SYNNEX
Other large funds have also adjusted their positions in the technology distributor. LSV Asset Management grew its holdings by 91,896 shares, ending with 2,229,003 shares worth about $550,742,065. Abrams Bison Investments, LLC reduced its stake by 470,549 shares, or 18.9%, finishing with 2,021,764 shares valued at $499,537,452. Ninety One UK Ltd added 162,070 shares, a 9.8% increase, to hold 1,810,800 shares worth roughly $474,412,467.
TD SYNNEX Corporation Stock Down 1.7%
TD SYNNEX shares closed at $251.14 on October 21, 2026. The stock recently traded around $244.06 as of October 22, 2026.
Recent Earnings
TD SYNNEX reported trailing twelve month revenue of $75.67 billion and earnings of $16.40 per share. The company's next earnings report is scheduled for January 7, 2027.
Dividend
TD SYNNEX pays an annual dividend rate of $1.92 per share. This payout translates to a dividend yield of 0.77% with a dividend payout ratio of 11.5%.
Insider Buying and Selling at TD SYNNEX Corporation
Insider transactions at TD SYNNEX include several sales by executives prior to this filing. Dennis Polk sold 2,500 shares on August 17, 2026, another 2,500 shares on September 15, 2026, and 2,500 shares on October 15, 2026. Additionally, President of North America Reyna Thompson sold 2,433 shares on October 20, 2026, for $604,483.72.
Analysts Set New Price Targets
Wall Street firms maintain positive coverage on the stock. Barclays maintained its Equal-Weight rating with a $287 target on September 8, 2026. Morgan Stanley maintained an Overweight rating with a $359 target on September 25, 2026, while UBS maintained a Buy rating with a $379 target on September 25, 2026. The consensus recommendation is a buy with a mean price target of $339.64.
About TD SYNNEX Corporation
TD SYNNEX Corporation works as a distributor and technology solutions aggregator, connecting IT vendors with resellers across the United States, Europe, and international markets.
Bottom Line
Investors will watch for the company's next earnings report on January 7, 2027, alongside any further insider filings.
Related Filing Alerts
Source: Dennis Polk's Form 4 filing on $SNX (Oct 21, 2026). Written by software, not financial advice. How we make alerts