AVT

In the past six months, Avnet, Inc.'s stock price has been impacted by several events. The company reported its Second Quarter 2026 financial results on January 28, 2026, which saw a significant increase of +13.82% in the stock price. Avnet also declared a regular quarterly dividend on February 19, 2026, leading to a +1.95% change. The company participated in the Raymond James Institutional Investors Conference on March 2, 2026. More recently, Avnet reported its Third Quarter 2026 financial results on April 29, 2026, which led to a +4.15% increase in the stock price. These results highlighted record sales of $7.1 billion, a 34% year-over-year increase, driven by demand across all regions and product segments, and exceeding analyst expectations. The company's stock reached a new 52-week high in April and May 2026, trading as high as $84.75. Insider selling activity was also noted, with CEO Philip R. Gallagher selling 23,920 shares on May 5, 2026. Avnet also issued $650 million of convertible senior notes and a new term loan, and repaid $550 million of debt, while pausing share buybacks to prioritize balance sheet leverage.