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Insider Trends: Avnet Insider Continues 90-Day Selling Trend

05/10/2021 14:03

06:03 PM EDT, 05/10/2021 (MT Newswires) -- On May 07, 2021, CIO, Leng-Jin Chan, executed a sale of 10,000 shares in Avnet (AVT) for $442,915. After the Form 4 filing with the SEC, Chan owns 22,654 shares of company stock, which have a market value of $1.01 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 5 insider transactions reported to the SEC for Avnet. These transactions came from the activities of 2 different insiders that resulted in a net disposition of 4,535 company shares. In the preceding 90-day window of time, there were 25 transactions from 17 insiders and resulted in the net acquisition of 131,055 shares.

This represents a lower level of transactions than the peer group average in the 15-company Electronic Equipment & Parts peer group over the last 90-day period. Within the peer group activity averaged 99.7 transactions per company, and disposition of 13,024 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/8858/000112760221016119/xslF345X03/form4.xml

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