ReElement Technologies stock soars after securing $1.4B government deal
Miriam Anne Murphy, President, Europe at TD SYNNEX CORP (NYSE: SNX), sold a total of 1,673 shares of common stock on October 31, 2025. The sales were executed in two transactions, with prices ranging from $156.49 to $156.52, resulting in a total value of $261810.
Following the transactions, Murphy directly owns 16,529 shares of TD SYNNEX CORP.
In other recent news, TD SYNNEX reported its fiscal third-quarter earnings, showing revenue of $15.65 billion, which surpassed both UBS’s estimate of $14.9 billion and the company’s guidance range of $14.7 billion to $15.5 billion. This strong performance led UBS to maintain its Buy rating on the stock. Additionally, UBS raised its price target for TD SYNNEX to $187.00 from $154.00, citing robust growth in Endpoint and Advanced gross billings, alongside a significant 57% year-over-year increase in Hyve ODM/CM gross bookings. RBC Capital also raised its price target for the company to $180.00 from $165.00, following a reported 12% year-over-year billings growth to $22.7 billion.
In terms of leadership changes, TD SYNNEX announced the appointment of David Jordan as the new Chief Financial Officer, succeeding Marshall Witt. In another strategic move, the company launched the AI Pioneers program, aimed at developing AI talent and addressing the skills gap in the technology sector. This initiative is part of TD SYNNEX’s broader Destination: AI effort to enhance AI implementation capabilities among its partners. These developments reflect the company’s proactive steps in leadership and innovation to support its growth trajectory.
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