avnet guides today’s ideas into tomorrow’s technology. we design and make for start-ups – the technology dreamers poised to be the next big thing. and we supply and deliver for the contract manufacturers and oems who need to stock shelves around the globe. our culture was founded on new ideas and emerging technology. 15,000 people strong in 125 countries across north america, europe and asia. our engineers are on the front lines of innovation, supported by sales, supply-chain, design-chain and service teams with deep expertise – making avnet the go-to guide for innovators who set the pace for technological change. wherever you are in the technology product lifecycle, collaborating with avnet can help you reach further. explore the possibilities at www.avnet.com.
Company profile
Ticker
AVT
Exchange
Website
CEO
William Amelio
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Avnet (Asia Pacific Holdings) Limited • Avnet (Holdings) Ltd • Avnet (Shanghai) Limited • Avnet Asia Pte Ltd • Avnet ASIC Israel Ltd • Avnet B.V. • Avnet Bidco Limited • Avnet Business Services GmbH • Avnet Components Israel Limited • Avnet de Mexico, S.A. de C.V. ...
IRS number
111890605
AVT stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
2 Feb 24
8-K
Avnet Reports Second Quarter 2024 Financial Results
31 Jan 24
8-K
Submission of Matters to a Vote of Security Holders
16 Nov 23
10-Q
2024 Q1
Quarterly report
2 Nov 23
8-K
Avnet Reports First Quarter 2024 Financial Results
1 Nov 23
DEFA14A
Additional proxy soliciting materials
2 Oct 23
DEF 14A
Definitive proxy
2 Oct 23
10-K
2023 FY
Annual report
17 Aug 23
8-K
Avnet Reports Fourth Quarter and Fiscal 2023 Financial Results
16 Aug 23
SD
Conflict minerals disclosure
24 May 23
Transcripts
AVT
Earnings call transcript
2024 Q2
31 Jan 24
AVT
Earnings call transcript
2024 Q1
1 Nov 23
AVT
Earnings call transcript
2023 Q4
16 Aug 23
AVT
Earnings call transcript
2023 Q3
3 May 23
AVT
Earnings call transcript
2023 Q2
1 Feb 23
AVT
Earnings call transcript
2023 Q1
27 Oct 22
AVT
Earnings call transcript
2022 Q4
10 Aug 22
AVT
Earnings call transcript
2022 Q3
28 Apr 22
AVT
Earnings call transcript
2022 Q3
27 Apr 22
AVT
Earnings call transcript
2022 Q2
27 Jan 22
Latest ownership filings
4
OLEG KHAYKIN
2 Apr 24
4
ERNEST E MADDOCK
21 Mar 24
4
OLEG KHAYKIN
21 Mar 24
4
Brenda Freeman
21 Mar 24
4
Rodney C Adkins
21 Mar 24
4
Rebeca Obregon-Jimenez
22 Feb 24
144
Notice of proposed sale of securities
22 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G
PZENA INVESTMENT MANAGEMENT LLC
8 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jul 23 | Jul 22 | Jul 21 | Jun 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 278.68 mm | 278.68 mm | 278.68 mm | 278.68 mm | 278.68 mm | 278.68 mm |
Cash burn (monthly) | 3.18 mm | (no burn) | (no burn) | (no burn) | 13.76 mm | 9.15 mm |
Cash used (since last report) | 21.74 mm | n/a | n/a | n/a | 93.99 mm | 62.50 mm |
Cash remaining | 256.94 mm | n/a | n/a | n/a | 184.69 mm | 216.18 mm |
Runway (months of cash) | 80.7 | n/a | n/a | n/a | 13.4 | 23.6 |
Institutional ownership, Q3 2023
96.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 350 |
Opened positions | 54 |
Closed positions | 31 |
Increased positions | 120 |
Reduced positions | 124 |
13F shares | Current |
---|---|
Total value | 4.19 tn |
Total shares | 86.79 mm |
Total puts | 387.20 k |
Total calls | 79.90 k |
Total put/call ratio | 4.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.52 mm | $506.94 bn |
BLK Blackrock | 9.07 mm | $437.22 bn |
Pzena Investment Management | 8.73 mm | $420.71 bn |
Dimensional Fund Advisors | 6.10 mm | $293.76 bn |
Greenhaven Associates | 3.77 mm | $181.78 bn |
STT State Street | 3.56 mm | $171.47 bn |
LSV Asset Management | 3.08 mm | $148.35 bn |
American Century Companies | 2.71 mm | $130.44 bn |
Alliancebernstein | 1.97 mm | $94.90 bn |
Aqr Capital Management | 1.55 mm | $74.76 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Oleg Khaykin | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 627 | 0.00 | 42,002 |
20 Mar 24 | Rodney C Adkins | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 46.62 | 33 | 1.54 k | 5,124 |
20 Mar 24 | Maddock Ernest E | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 46.62 | 54 | 2.52 k | 8,143 |
20 Mar 24 | Oleg Khaykin | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 46.62 | 274 | 12.77 k | 41,375 |
20 Mar 24 | Freeman Brenda | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 46.62 | 179 | 8.34 k | 26,982 |
News
Panasas Signs Worldwide Manufacturing And Fulfillment Partnership With Avnet
18 Apr 24
'Avnet Launches Full mmWave Antenna To Bits Prototyping With Latest RFSoC Explorer Toolbox Version 3.0 Release' - Avnet
1 Feb 24
Goldman Sachs Maintains Sell on Avnet, Lowers Price Target to $42
1 Feb 24
Avnet Q2 Adj. EPS $1.40, Inline, Sales $6.21B Beat $6.16B Estimate
31 Jan 24
Earnings Scheduled For January 31, 2024
31 Jan 24