Ingram Micro (NYSE:INGM) Shares Gap Down – Here’s Why

Ingram Micro Holding Corporation (NYSE:INGM)’s share price gapped down prior to trading on Friday . The stock had previously closed at $26.36, but opened at $22.10. Ingram Micro shares last traded at $22.15, with a volume of 2,317,861 shares traded.

Key Ingram Micro News

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Company fundamentals: Ingram Micro reported record Q4 performance and 2025 net sales grew ~9.5% to $52.6B, supporting underlying revenue momentum. Ingram Micro (INGM) 2025 Net Sales Grow 9.5% to $52.6B on Record Q4 Performance
• Positive Sentiment: Share buyback: The company announced plans to repurchase $100M of shares, which can help offset selling pressure from the secondary offering and support EPS. Ingram Micro (NYSE:INGM) to Repurchase $100.00 million in Shares
• Positive Sentiment: Analyst activity: Morgan Stanley raised its price target to $23 and an analyst upgrade produced higher trading volume — signals that some brokers view current levels as buyable given the company’s results. Morgan Stanley Raises Ingram Micro (NYSE:INGM) Price Target to $23.00
• Neutral Sentiment: Street stance: Evercore ISI maintained a Hold rating on INGM, reflecting a mixed view — earnings and growth are solid but valuation and near-term supply from the secondary weigh on conviction. Evercore ISI Sticks to Its Hold Rating for Ingram Micro Holding Corporation (INGM)
• Neutral Sentiment: Valuation check: Recent price momentum prompted articles reassessing INGM’s valuation — useful context for investors deciding whether the dip is a buying opportunity. Assessing Ingram Micro Holding (INGM) Valuation After Recent Share Price Momentum
• Negative Sentiment: Secondary offering priced: Ingram Holdco (Platinum Equity affiliate) priced a secondary sale of 8,988,764 shares at $22.25 — this is a selling shareholder transaction (company doesn’t receive proceeds) but increases supply and can pressure the stock. Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder.
• Negative Sentiment: Market reaction: Shares traded down sharply in premarket trading after the offering news, reflecting investor concern about near-term share supply and liquidity from the selling stockholder. Ingram Micro shares fall 12.8% premarket after secondary offering

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on INGM shares. Wall Street Zen raised shares of Ingram Micro from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingram Micro in a report on Monday, December 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $24.00 price objective on shares of Ingram Micro in a research report on Monday, December 22nd. JPMorgan Chase & Co. restated an “underweight” rating and set a $24.00 target price on shares of Ingram Micro in a research report on Monday, December 15th. Finally, Raymond James Financial set a $27.00 target price on Ingram Micro in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $24.43.

Ingram Micro Trading Down 16.8%

The company has a current ratio of 1.33, a quick ratio of 0.95 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average of $21.54 and a two-hundred day moving average of $21.32. The company has a market capitalization of $5.16 billion, a PE ratio of 15.89, a PEG ratio of 0.90 and a beta of 2.27.

Ingram Micro (NYSE:INGM) last announced its quarterly earnings data on Monday, March 2nd. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.18 billion. Ingram Micro had a net margin of 0.62% and a return on equity of 16.78%. The firm’s revenue was up 11.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Ingram Micro Holding Corporation will post 2.71 earnings per share for the current fiscal year.

Ingram Micro Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.082 per share. The ex-dividend date is Tuesday, March 10th. This represents a $0.33 annualized dividend and a yield of 1.5%. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio (DPR) is currently 23.19%.

Ingram Micro declared that its board has initiated a stock repurchase program on Monday, March 2nd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Ingram Micro

Several institutional investors have recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. raised its holdings in shares of Ingram Micro by 1.4% during the fourth quarter. Balyasny Asset Management L.P. now owns 48,618 shares of the company’s stock valued at $1,038,000 after acquiring an additional 658 shares in the last quarter. CWM LLC increased its position in Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock valued at $88,000 after purchasing an additional 705 shares during the period. Gotham Asset Management LLC increased its position in Ingram Micro by 1.0% during the 4th quarter. Gotham Asset Management LLC now owns 77,662 shares of the company’s stock valued at $1,657,000 after purchasing an additional 732 shares during the period. Covestor Ltd raised its holdings in Ingram Micro by 15.4% in the 4th quarter. Covestor Ltd now owns 5,669 shares of the company’s stock worth $121,000 after purchasing an additional 756 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in Ingram Micro by 6.3% in the second quarter. Rhumbline Advisers now owns 13,646 shares of the company’s stock worth $284,000 after buying an additional 803 shares during the period.

Ingram Micro Company Profile

Ingram Micro, headquartered in Irvine, California, is a global technology distributor and supply chain services provider. Listed on the New York Stock Exchange under the ticker INGM, the company connects leading technology manufacturers, cloud providers and channel partners through an integrated portfolio of products and services. Ingram Micro’s end-to-end solutions span product distribution, cloud enablement, e-commerce, logistics and lifecycle management, enabling customers of all sizes to bring new technology to market efficiently.

The company’s offerings are organized across several core areas.