TD Synnex Exec Dennis Shifts Position: Buys at $106–$107, Sells at $149–$150, Net Gain 8,571 Shares – Insider Confidence Signals Undervalued Stock Ahead of Expansion Plans

Insider Activity Spotlight: TD Synnex Corp and Executive POLK Dennis

What the latest filings reveal

On January 12, 2026, POLK Dennis, a Hyve Solutions executive, executed a series of transactions that left a net buy of 3,997 shares at a price of $106.35, followed by a buy of 15,372 shares at $107.32 and a buy of 631 shares at $107.32. These purchases raised his post‑transaction holdings to 38,096 shares. At the same time, Dennis sold 7,432 shares at $149.61, 631 shares at $149.67, and 11,937 shares at $150.23, reducing his stake to 46,667 shares before the purchases. The net effect of the day is a modest gain of 8,571 shares, bringing his total to 54,099 shares.

The broader insider picture is telling. The most recent company‑wide activity on January 5 shows the CEO, Patrick Zammit, buying 4,299 shares, while the Chief Legal Officer, David Vetter, bought 2,908 shares. Meanwhile, Dennis’ recent trading history is punctuated by frequent small‑volume sales and purchases at key support levels – a pattern that suggests tactical adjustments rather than large‑scale portfolio moves.

Implications for investors

TD Synnex’s share price closed at $150.30 on January 11, up 2.5 % for the week and 3.85 % for the month. With a 52‑week high of $167.76 and a market cap of $12.0 billion, the stock remains in a healthy upside potential range. Dennis’ buying activity, executed near the $106–$107 range, signals confidence at a price point well below the recent highs. Coupled with the CEO’s recent purchase, the insider consensus points to a belief that the stock is undervalued relative to its 52‑week high and its strategic initiatives in advanced solutions and supply‑chain automation.

However, the volume of Dennis’ trades—most of them in the low thousands—does not materially impact the market. For long‑term investors, the key takeaway is that insider buying is a positive sign, especially when accompanied by a company that has recently secured analyst upgrades and is expanding its European footprint. Short‑term traders might watch for any subsequent institutional buybacks or dividend announcements that could trigger a price rally.

POLK Dennis: a transaction profile

Dennis has been active on the insider register since late 2025, with a mixture of sales and purchases that mirror the company’s price cycles. His most frequent transaction types are small‑scale sales during price peaks (e.g., 1,218 shares at $155.72 on December 4, 2025) and opportunistic buys during dips (e.g., 14,320 shares at $90.52 on October 9, 2025). He also occasionally liquidates employee and stock options, as seen on October 9, 2025. The pattern suggests a disciplined approach: Dennis sells when the stock approaches a new high and buys when it retraces, maintaining a balanced exposure of around 30‑40 % of his equity stake. This aligns with a view that TD Synnex’s core business model—leveraging its distribution network to capture margins in a competitive market—has long‑term upside.

Looking ahead

With a robust earnings pipeline and an expanding product portfolio, TD Synnex is positioned to benefit from industry trends such as supply‑chain digitization and 5G infrastructure deployment. Insider buying, especially from top executives, often precedes a positive earnings release or strategic partnership. Investors should monitor the next quarterly report for revenue guidance, as well as any announcements regarding the European Advanced Solutions expansion. If the company continues to execute on its growth strategy, the current insider activity could foreshadow a modest but steady upward trajectory in the stock price.