Here’s how analysts see Tech Data Corp (NASDAQ:TECD) after this past week.

July 18, 2017 - By Henry Gaston

 Here's how analysts see Tech Data Corp (NASDAQ:TECD) after this past week.
Investors sentiment increased to 1.04 in Q4 2016. Its up 0.24, from 0.8 in 2016Q3. It improved, as 27 investors sold Tech Data Corp shares while 89 reduced holdings. 43 funds opened positions while 78 raised stakes. 34.75 million shares or 2.02% less from 35.46 million shares in 2016Q3 were reported.
Metropolitan Life Insur Co Ny holds 0.03% or 56,375 shares. Aperio Group Limited Liability Corporation holds 0.03% or 44,954 shares in its portfolio. Strs Ohio holds 17,200 shares or 0.01% of its portfolio. Moreover, Delta Asset Management Ltd Liability Company Tn has 0% invested in Tech Data Corp (NASDAQ:TECD) for 100 shares. Suntrust Banks has invested 0% in Tech Data Corp (NASDAQ:TECD). Oakbrook Invests Ltd Liability owns 0.02% invested in Tech Data Corp (NASDAQ:TECD) for 2,900 shares. Walleye Trading Ltd Liability reported 2,796 shares stake. Teachers Retirement Systems Of The State Of Kentucky reported 8,600 shares. Sei Invs Company holds 26,342 shares. Royal Natl Bank Of Canada reported 10,376 shares. Ameritas Invest Partners owns 13,762 shares or 0.06% of their US portfolio. Lbmc Inv Advsr Llc holds 0.1% or 6,084 shares in its portfolio. Arizona State Retirement Systems has invested 0.02% in Tech Data Corp (NASDAQ:TECD). 26,722 are owned by Comerica Bankshares. Cipher Lp invested in 3,815 shares.

Since March 13, 2017, it had 0 insider buys, and 8 insider sales for $2.65 million activity. Another trade for 1,000 shares valued at $91,226 was sold by Taylor Jeffrey Louis. Shares for $601,560 were sold by VETTER DAVID R. 2,200 shares valued at $201,784 were sold by HARCZAK HARRY J JR on Wednesday, March 22. 3,500 Tech Data Corp (NASDAQ:TECD) shares with value of $333,384 were sold by TREPANI JOSEPH B. ADAIR CHARLES E also sold $312,392 worth of Tech Data Corp (NASDAQ:TECD) shares. The insider Tonnison John A sold $419,932.

Tech Data Corp (NASDAQ:TECD) Ratings Coverage

Among 5 analysts covering Tech Data Corp (NASDAQ:TECD), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Tech Data Corp had 10 analyst reports since August 18, 2015 according to SRatingsIntel. Citigroup maintained Tech Data Corp (NASDAQ:TECD) on Friday, May 27 with “Sell” rating. Stifel Nicolaus upgraded Tech Data Corp (NASDAQ:TECD) on Tuesday, September 20 to “Buy” rating. The firm has “Neutral” rating given on Tuesday, August 30 by Bank of America. The rating was downgraded by Raymond James on Monday, October 12 to “Underperform”. Citigroup maintained the stock with “Sell” rating in Thursday, September 22 report. The firm has “Buy” rating given on Tuesday, September 20 by Bank of America. The stock of Tech Data Corp (NASDAQ:TECD) earned “Neutral” rating by Citigroup on Friday, June 2. The stock of Tech Data Corp (NASDAQ:TECD) earned “Underperform” rating by Bank of America on Tuesday, August 18. The firm has “Mkt Perform” rating by Raymond James given on Wednesday, November 25. Below is a list of Tech Data Corp (NASDAQ:TECD) latest ratings and price target changes.

02/06/2017 Broker: Citigroup Old Rating: Sell New Rating: Neutral Upgrade

The stock decreased 0.08% or $0.08 during the last trading session, reaching $106.2. About shares traded. Tech Data Corp (NASDAQ:TECD) has risen 41.82% since July 18, 2016 and is uptrending. It has outperformed by 25.12% the S&P500.

Tech Data Corporation is a wholesale distributor of technology products. The company has market cap of $4.06 billion. The Firm serves as a link in the technology supply chain by bringing products from the technology vendors to market, as well as providing its clients with logistics capabilities and services. It has a 19.75 P/E ratio. It operates through the segment of distributing technology products, logistics management and other value-added services.

More important recent Tech Data Corp (NASDAQ:TECD) news were published by: Globenewswire.com which released: “SolarWinds Announces Expanded Distribution Partnership With Tech Data …” on July 12, 2017, also Reuters.com published article titled: “BRIEF-C2FO announces 5-yr partnership extension with Tech Data Corp”, Streetinsider.com published: “Form 4 TECH DATA CORP For: Jul 14” on July 17, 2017. More interesting news about Tech Data Corp (NASDAQ:TECD) was released by: Prnewswire.com and their article: “C2FO Announces Five-Year Global Partnership Extension with Tech Data Corporation” with publication date: June 20, 2017.

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