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Silver Star Developments Ltd Insider Selling for 451,000 Shares of SYNNEX (SNX); KB Home (KBH) Shorts Raised By 1.91%

KB Home (NYSE:KBH) had an increase of 1.91% in short interest. KBH’s SI was 12.19M shares in January as released by FINRA. Its up 1.91% from 11.96 million shares previously. With 2.10 million avg volume, 6 days are for KB Home (NYSE:KBH)’s short sellers to cover KBH’s short positions. The SI to KB Home’s float is 17.9%. The stock decreased 2.40% or $0.86 during the last trading session, reaching $35.01. About 2.65M shares traded or 10.19% up from the average. KB Home (NYSE:KBH) has risen 69.35% since January 19, 2017 and is uptrending. It has outperformed by 52.65% the S&P500.

The insider of Synnex Corp, Silver Star Developments Ltd, has just sold – 451,000 shares of the company – coming to a total sell of $58,765,300 USD (this based on avg stock price of $130.3). Being a significant sell, it will probably not go a secret. Silver Star Developments Ltd right now owns 12.50% of the Company’s total market cap with ownership of 5.00 million shares.  This sale was made on 18/01/2018. A form filed with the DC-based SEC and available for public review here, gives full details of the sale.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.06, from 1.14 in 2017Q2. It dived, as 16 investors sold SYNNEX Corporation shares while 77 reduced holdings. 30 funds opened positions while 70 raised stakes. 28.38 million shares or 0.39% more from 28.27 million shares in 2017Q2 were reported. Symphony Asset Ltd Liability Company accumulated 6,864 shares. Voya Mngmt Limited Liability Com has invested 0.05% in SYNNEX Corporation (NYSE:SNX). Commonwealth Of Pennsylvania School Empls Retrmt Sys reported 0.01% stake. Moreover, Bancorp Of Nova Scotia has 0% invested in SYNNEX Corporation (NYSE:SNX). Mason Street Advsr Ltd has 0.04% invested in SYNNEX Corporation (NYSE:SNX). Bragg Financial Advisors, a North Carolina-based fund reported 32,177 shares. Opus Capital Group Llc has invested 0.05% in SYNNEX Corporation (NYSE:SNX). Paloma Prtn Management holds 5,031 shares or 0.01% of its portfolio. Barclays Plc invested 0% of its portfolio in SYNNEX Corporation (NYSE:SNX). Credit Suisse Ag holds 0.01% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 52,061 shares. Martingale Asset Mgmt Lp accumulated 53,504 shares. Raymond James And has 14,717 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in SYNNEX Corporation (NYSE:SNX). Affinity Wealth Mngmt has invested 0.14% in SYNNEX Corporation (NYSE:SNX). Suntrust Banks invested in 2,325 shares or 0% of the stock.

Among 11 analysts covering SYNNEX (NYSE:SNX), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. SYNNEX has $152.0 highest and $86 lowest target. $133.63’s average target is 0.01% above currents $133.61 stock price. SYNNEX had 29 analyst reports since August 20, 2015 according to SRatingsIntel. As per Thursday, August 20, the company rating was upgraded by Zacks. The stock has “Market Perform” rating by Raymond James on Wednesday, June 8. Credit Agricole downgraded the stock to “Underperform” rating in Thursday, October 29 report. On Thursday, October 29 the stock rating was downgraded by CLSA to “Underperform”. Brean Capital maintained the shares of SNX in report on Friday, September 25 with “Buy” rating. On Monday, May 2 the stock rating was downgraded by Citigroup to “Neutral”. The company was maintained on Tuesday, September 26 by Citigroup. Stifel Nicolaus maintained SYNNEX Corporation (NYSE:SNX) on Sunday, September 10 with “Buy” rating. The firm earned “Buy” rating on Wednesday, January 10 by SunTrust. Cross Research downgraded the stock to “Hold” rating in Thursday, March 24 report.

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally. The company has market cap of $5.34 billion. It operates in two divisions, Technology Solutions and Concentrix. It has a 17.8 P/E ratio. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products.

The stock decreased 0.55% or $0.74 during the last trading session, reaching $133.61. About 261,944 shares traded or 38.12% up from the average. SYNNEX Corporation (NYSE:SNX) has risen 29.93% since January 19, 2017 and is uptrending. It has outperformed by 13.23% the S&P500.

Since August 1, 2017, it had 0 buys, and 13 insider sales for $2.18 million activity. The insider MURAI KEVIN M sold 2,000 shares worth $227,323. $38,101 worth of stock was sold by Wurster Thomas S. on Monday, October 2. $206,865 worth of SYNNEX Corporation (NYSE:SNX) shares were sold by Zulberti Andrea M. BREIDENBACH FRED A had sold 1,321 shares worth $168,982 on Thursday, September 28. POLK DENNIS also sold $172,597 worth of SYNNEX Corporation (NYSE:SNX) on Friday, September 1. 161 shares were sold by LEUNG SIMON, worth $19,102. Witt Marshall sold $38,127 worth of stock.

KB Home operates as a homebuilding company in the United States. The company has market cap of $3.03 billion. It manufactures and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. It has a 18.92 P/E ratio. The firm also provides property and casualty insurance, as well as earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, including residential mortgage loan originations to its homebuyers.

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.26, from 1.55 in 2017Q2. It improved, as 26 investors sold KB Home shares while 52 reduced holdings. 56 funds opened positions while 85 raised stakes. 82.80 million shares or 0.99% less from 83.63 million shares in 2017Q2 were reported. Parametrica Mgmt reported 74,279 shares. Grantham Mayo Van Otterloo Limited Liability Com reported 12,100 shares or 0% of all its holdings. Royal Bancorp Of Canada owns 0% invested in KB Home (NYSE:KBH) for 150,389 shares. Bank Of America Corporation De reported 421,021 shares stake. Jpmorgan Chase Com has 0.01% invested in KB Home (NYSE:KBH) for 1.57M shares. Pnc Fincl Services Grp Inc stated it has 0% in KB Home (NYSE:KBH). Atlantic Trust Ltd Com stated it has 51,818 shares or 0.01% of all its holdings. Wellington Group Limited Liability Partnership, a Massachusetts-based fund reported 14,111 shares. Lpl Lc has invested 0% in KB Home (NYSE:KBH). Barclays Public Limited Co has invested 0.01% in KB Home (NYSE:KBH). Moreover, Foundry Ltd Liability Corporation has 0.64% invested in KB Home (NYSE:KBH). Dimensional Fund Advsrs Ltd Partnership owns 0.03% invested in KB Home (NYSE:KBH) for 2.78 million shares. Northern Trust holds 1.31 million shares. Trexquant Investment Limited Partnership invested in 65,616 shares or 0.4% of the stock. Comerica Bankshares invested in 64,662 shares or 0.01% of the stock.

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