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.
![Avnet logo](/files/LOGO/8858-AVT.png)
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)
SD
Conflict minerals disclosure
23 May 24
10-Q
2024 Q3
Quarterly report
2 May 24
8-K
Avnet Reports Third Quarter 2024 Financial Results
1 May 24
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
Transcripts
AVT
Earnings call transcript
2024 Q3
1 May 24
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 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
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jul 23 | |
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Diluted EPS |
Annual (USD) | Jul 23 | Jul 22 | Jul 21 | Jun 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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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) | 218.47 mm | 218.47 mm | 218.47 mm | 218.47 mm | 218.47 mm | 218.47 mm |
Cash burn (monthly) | 18.13 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 70.68 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 147.79 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
91.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 338 |
Opened positions | 121 |
Closed positions | 52 |
Increased positions | 88 |
Reduced positions | 87 |
13F shares | Current |
---|---|
Total value | 3.84 tn |
Total shares | 82.71 mm |
Total puts | 24.40 k |
Total calls | 53.60 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.95 mm | $542.92 bn |
BLK Blackrock | 10.17 mm | $504.23 bn |
Pzena Investment Management | 8.59 mm | $426.12 bn |
Dimensional Fund Advisors | 6.35 mm | $314.63 bn |
Greenhaven Associates | 3.86 mm | $191.31 bn |
STT State Street | 3.43 mm | $170.09 bn |
LSV Asset Management | 2.91 mm | $144.51 mm |
Woodline Partners | 2.68 mm | $132.94 bn |
American Century Companies | 2.65 mm | $131.29 bn |
Alliancebernstein | 1.65 mm | $82.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | Oleg Khaykin | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 595 | 0.00 | 42,843 |
18 Jun 24 | Rodney C Adkins | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 52.88 | 30 | 1.59 k | 5,154 |
18 Jun 24 | Freeman Brenda | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 52.88 | 158 | 8.36 k | 27,140 |
18 Jun 24 | Oleg Khaykin | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 52.88 | 246 | 13.01 k | 42,248 |
18 Jun 24 | Maddock Ernest E | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 52.88 | 47 | 2.49 k | 8,190 |
News
Top 3 Tech Stocks That May Implode In May
29 May 24
Thanks To Apple, This Analyst Is Optimistic On ARM, Microchip Technology And More Ahead Of Earnings
6 May 24
Truist Securities Maintains Hold on Avnet, Lowers Price Target to $48
2 May 24
Avnet Shares Dip After Q3 Earnings Miss On Lower Electronic Components Margin
1 May 24
Avnet Q3 Adj $1.10 Misses $1.11 Estimate, Sales $5.65B Miss $5.71B Estimate
1 May 24