50,921 Shares in Ingram Micro Holding Corporation $INGM Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new stake in shares of Ingram Micro Holding Corporation (NYSE:INGM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 50,921 shares of the company’s stock, valued at approximately $1,397,000.

Other large investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. bought a new position in Ingram Micro in the 1st quarter worth approximately $3,907,000. Bank of America Corp DE lifted its holdings in shares of Ingram Micro by 225.1% in the first quarter. Bank of America Corp DE now owns 1,038,331 shares of the company’s stock worth $24,203,000 after buying an additional 718,970 shares in the last quarter. Amundi purchased a new position in shares of Ingram Micro in the first quarter worth $1,668,000. Readystate Asset Management LP bought a new position in shares of Ingram Micro during the first quarter worth $1,244,000. Finally, Royal Bank of Canada boosted its position in shares of Ingram Micro by 252.2% during the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock worth $34,000 after acquiring an additional 1,054 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages have issued reports on INGM. Raymond James Financial reiterated an “outperform” rating and issued a $34.00 price target on shares of Ingram Micro in a report on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and set a $33.00 price objective on shares of Ingram Micro in a report on Friday, July 31st. Evercore set a $26.00 price objective on Ingram Micro in a research report on Monday, April 20th. Royal Bank Of Canada lifted their target price on Ingram Micro from $24.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Finally, Truist Financial boosted their target price on Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Ingram Micro currently has a consensus rating of “Moderate Buy” and an average price target of $31.00.

Insider Buying and Selling at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the sale, the insider owned 177,466,319 shares of the company’s stock, valued at approximately $5,151,847,240.57. This represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Augusto Aragone sold 50,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the completion of the sale, the vice president owned 150,465 shares of the company’s stock, valued at $4,408,624.50. This trade represents a 24.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,227,069 shares of company stock valued at $151,765,013 over the last ninety days. 0.95% of the stock is owned by insiders.

Ingram Micro Trading Down 0.4%

Shares of INGM stock opened at $28.43 on Monday. The company has a market cap of $6.56 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 0.70 and a beta of 1.75. Ingram Micro Holding Corporation has a 1 year low of $18.77 and a 1 year high of $31.69. The stock’s 50 day simple moving average is $28.48 and its two-hundred day simple moving average is $26.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.31 and a quick ratio of 0.88.

Ingram Micro (NYSE:INGM) last announced its earnings results on Thursday, July 30th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. The firm had revenue of $14.53 billion during the quarter, compared to analysts’ expectations of $13.85 billion. Ingram Micro had a return on equity of 18.07% and a net margin of 0.77%.Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Research analysts predict that Ingram Micro Holding Corporation will post 3.37 earnings per share for the current year.

Ingram Micro Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be given a $0.086 dividend. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, August 11th. Ingram Micro’s dividend payout ratio is 18.58%.

Ingram Micro Company Profile

Ingram Micro, headquartered in Irvine, California, is a global technology distributor and supply chain services provider. Listed on the New York Stock Exchange under the ticker INGM, the company connects leading technology manufacturers, cloud providers and channel partners through an integrated portfolio of products and services. Ingram Micro’s end-to-end solutions span product distribution, cloud enablement, e-commerce, logistics and lifecycle management, enabling customers of all sizes to bring new technology to market efficiently.

The company’s offerings are organized across several core areas.