Ingram Micro Holding Corp (NYSE: INGM) is -8.41% lower on its value in year-to-date trading and has touched a low of $21.14 and a high of $25.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INGM stock was last observed hovering at around $21.82 in the last trading session, with the day’s gains setting it 0.71%.
Currently trading at $22.53, the stock is -3.10% and -3.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing 3.25% at the moment leaves the stock -3.88% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $23.4404 and a 200-day simple moving average (SMA200) of $23.4404.
The stock witnessed a -6.12% in the last 1 month, and is 2.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.91% over the week and 3.40% over the month.
Ingram Micro Holding Corp (INGM) has around 25130 employees, a market worth around $5.29B and $47.66B in sales. Current P/E ratio is 0.00. Profit margin for the company is 0.67%. Distance from 52-week low is 6.58% and -12.30% from its 52-week high. The company has generated returns on investments over the last 12 months (4.34%).
The shares outstanding are 234.83M, and float is at 21.97M with Short Float at 2.00%.
Ingram Micro Holding Corp (INGM) Insider Activity
The most recent transaction is an insider sale by PLATINUM EQUITY, LLC, the company’s 10% Owner. SEC filings show that PLATINUM EQUITY, LLC sold 2,790,000 shares of the company’s common stock on Nov 04 ’24 at a price of $22.00 per share for a total of $61.38 million. Following the sale, the insider now owns 210.95 million shares.
Ingram Micro Holding Corp disclosed in a document filed with the SEC on Oct 25 ’24 that PLATINUM EQUITY, LLC (10% Owner) sold a total of 7,000,000 shares of the company’s common stock. The trade occurred on Oct 25 ’24 and was made at $22.00 per share for $154.0 million. Following the transaction, the insider now directly holds 213.74 million shares of the INGM stock.
Still, SEC filings show that on Oct 25 ’24, COOK CHRISTIAN B (Director) acquired 46,000 shares at an average price of $22.00 for $1.01 million. The insider now directly holds 46,000 shares of Ingram Micro Holding Corp (INGM).
