New insider activity at Avnet ( (AVT) ) has taken place on February 3, 2026.
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SVP and CIO Leng Jin Chan unloaded 9,226 Avnet shares, pocketing $567,675 from the transaction.
Recent Updates on AVT stock
Avnet’s shares continued reacting to the prior day’s fiscal Q2 beat, with several banks revising models based on the same drivers: BofA pointed to execution that pushed revenue, EPS, and guidance above forecasts yet wants more evidence that improving demand persists before shifting its stance; Truist highlighted the earnings surprise and clearer signs of cyclical stabilization—particularly the sequential momentum and improving outlook—as the rationale for its update; Wells Fargo emphasized the company’s strengthening book-to-bill ratio, Asia-led demand recovery, and the potential for Western-region demand to bolster EBIT as reasons to revisit its valuation framework. Together, the reports cite the earnings beat, improving cash generation, and broadening regional recovery as central to the day’s price action, while cautioning that visibility and regional mix remain key watchpoints.
Spark’s Take on AVT Stock
According to Spark, TipRanks’ AI Analyst, AVT is a Neutral.
The score is driven primarily by a mixed financial profile (thin, compressed margins and lower ROE despite manageable leverage and positive cash flow) offset by a constructive earnings call with strong execution and upbeat near-term guidance. Technicals are supportive but appear overextended, while valuation looks reasonable rather than clearly compelling.
To see Spark’s full report on AVT stock, click here.
More about Avnet
YTD Price Performance: 31.68%
Average Trading Volume: 1,003,755
Technical Sentiment Signal: Buy
Current Market Cap: $5.07B