Avnet, Inc. reported an insider sale and a solid quarterly financial result in separate disclosures that underscore recent activity around the company's stock.
According to a Form 4 filing with the Securities and Exchange Commission, Jay David Youngblood, who serves as Senior Vice President and Chief Digital Officer at Avnet (NYSE: AVT), sold 987 shares of company stock on February 12, 2026. The sale was executed at $66.27 per share, producing a total transaction value of $65,408.
After completing the sale, Youngblood is recorded as directly owning 6,635 shares of Avnet. That total includes 5,648 shares that are underlying restricted stock units (RSUs) which have been earned but have not yet been vested or delivered.
The insider transaction was formally disclosed via the SEC's Form 4 process.
In related corporate news, Avnet released financial results for its second quarter of fiscal year 2026 that exceeded market expectations. The company reported earnings per share of $1.05, above the consensus estimate of $0.95. Revenue for the quarter came in at $6.3 billion versus a forecast of $6.02 billion. These figures reflect a quarter in which reported performance outpaced the estimates tracked by the market.
Analysts across various firms have taken note of Avnet's quarter, with some observers pointing to potential future growth. The company did not report any specific analyst upgrades or downgrades in connection with the results; however, the stronger-than-expected EPS and revenue could be a factor that influences future analyst assessments. Investors may weigh these developments when considering their positions.
Both the insider sale and the quarterly financial disclosure are now part of the public record; the Form 4 filing documents the share disposition, while the company-released results provide the latest operating snapshot for the fiscal second quarter of 2026.
Where information in the public filings or company release is limited, this account reflects only the details disclosed in those documents.