Ingram Micro (NYSE:INGM) Shares Gap Down – Should You Sell?

Ingram Micro Holding Corporation (NYSE:INGM) shares gapped down before the market opened 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 changing hands.

Ingram Micro News Summary

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

• Positive Sentiment: Better-than-expected results and record Q4 — 2025 net sales rose ~9.5% to $52.6B, supporting earnings momentum and valuation. Ingram Micro (INGM) 2025 Net Sales Grow 9.5% to $52.6B on Record Q4 Performance
• Positive Sentiment: Share repurchase announced ($100M) provides capital-return support and offsets dilution over time. Ingram Micro (NYSE:INGM) to Repurchase $100.00 million in Shares
• Positive Sentiment: Analyst activity lifted interest — Morgan Stanley raised its target and an upgrade pushed volume higher, which can help liquidity and longer-term price discovery. Morgan Stanley Raises Ingram Micro (NYSE:INGM) Price Target to $23.00 Ingram Micro (NYSE:INGM) Sees Large Volume Increase After Analyst Upgrade
• Neutral Sentiment: Evercore ISI maintained a Hold rating — mixed analyst views suggest no consensus breakout catalyst. Evercore ISI Sticks to Its Hold Rating for Ingram Micro Holding Corporation (INGM)
• Neutral Sentiment: Analyst/market pieces assessing valuation after recent momentum; useful for longer-term context but not an immediate price driver. Assessing Ingram Micro Holding (INGM) Valuation After Recent Share Price Momentum
• Negative Sentiment: Secondary offering priced at $22.25 for 8,988,764 shares by the principal stockholder creates immediate selling pressure and potential dilution; large block sale from an insider/affiliate is weighed negatively by the market. Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder.
• Negative Sentiment: Market reaction: shares fell in premarket trading as investors digested the offering and heavy volume, signaling immediate downside risk until the new supply is absorbed. Ingram Micro shares fall 12.8% premarket after secondary offering
• Negative Sentiment: Company disclosed the $200M offering with underwriter 30-day option, which could increase available shares and extend selling pressure near term. Ingram Micro Holding Corporation Announces Launch of Secondary Offering of $200 Million of Common Stock by its Principal Stockholder and a Concurrent Stock Repurchase

Analyst Ratings Changes

INGM has been the topic of several research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $24.00 target price on shares of Ingram Micro in a report on Monday, December 15th. William Blair restated an “outperform” rating on shares of Ingram Micro in a report on Tuesday. Wall Street Zen raised Ingram Micro from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Morgan Stanley increased their target price on Ingram Micro from $21.00 to $23.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ingram Micro in a report on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $24.43.

Ingram Micro Stock Performance

The firm has a market capitalization of $5.18 billion, a PE ratio of 15.96, a P/E/G ratio of 0.75 and a beta of 2.27. The business has a 50-day simple moving average of $21.54 and a 200-day simple moving average of $21.35. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.33 and a quick ratio of 0.95.

Ingram Micro (NYSE:INGM) last released its earnings results on Monday, March 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.06. The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.18 billion. Ingram Micro had a return on equity of 16.78% and a net margin of 0.62%.The business’s quarterly revenue was up 11.5% on a year-over-year basis. Equities research analysts expect that Ingram Micro Holding Corporation will post 2.71 earnings per share for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a $0.082 dividend. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, March 10th. Ingram Micro’s payout ratio is currently 23.19%.

Ingram Micro announced that its board has initiated a stock buyback program on Monday, March 2nd that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to buy up to 2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Institutional Trading of Ingram Micro

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comerica Bank boosted its position in shares of Ingram Micro by 2,844.2% during the third quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after buying an additional 3,669 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Ingram Micro by 33.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,136 shares of the company’s stock worth $88,000 after buying an additional 1,031 shares during the period. CWM LLC lifted its stake in shares of Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after acquiring an additional 705 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Ingram Micro during the 4th quarter valued at $94,000. Finally, Aquatic Capital Management LLC bought a new position in Ingram Micro in the 3rd quarter valued at $110,000.

About Ingram Micro

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.