Platinum Equity Sells $150M in Ingram Micro Stock
INGM sits 57% above its 52-week low of $18.09.
Summary
Platinum Equity, a major shareholder, sold $150 million worth of Ingram Micro stock in an open market transaction, continuing its trend of reducing its stake.
Key Events · Ownership and Investor Activity · INGM
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Major Shareholder Sale
Platinum Equity, a 10% owner, disposed of 5,167,069 shares of Ingram Micro common stock for a total value of $150,000,013 at a price of $29.03 per share.
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Continuation of Stake Reduction
This transaction is part of an ongoing pattern of share distribution by Platinum Equity, following previous secondary offerings and a Form 144 filing on June 16, 2026.
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Significant Transaction Value
The $150 million sale represents a notable reduction in holdings by a key institutional investor, accounting for 2.27% of the company's market capitalization.
Analysis · INGM · Trade & Services
Platinum Equity, a 10% owner, continues to reduce its stake in Ingram Micro with a $150 million open market sale. This follows previous secondary offerings and Form 144 filings, indicating a sustained distribution of shares by the private equity firm. While not a complete exit, this significant sale adds to the ongoing selling pressure from a major shareholder.
At the time of this filing, INGM was trading at $28.49 on NYSE in the Trade & Services sector, with a market capitalization of approximately $6.6B. The 52-week trading range was $18.09 to $31.69. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.