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Stock impact report

Richard Pzena Increases Stake in Avnet Inc [Yahoo! Finance]

Avnet, Inc. (AVT) 
Last avnet, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.avnet.com/investor-relations
Company Research Source: Yahoo! Finance
On December 31, 2023, Pzena Investment Management, LLC, led by value investing stalwart Richard Pzena Trades Portfolio ), bolstered its position in Avnet Inc (NYSE:AVT) by adding 21,186 shares. This transaction expanded the firm's total holdings in Avnet to 8,751,446 shares, marking a significant vote of confidence in the electronic components distributor. Despite the trade's modest 0.24% share change, it reflects Pzena's strategic portfolio adjustments and commitment to value investing principles. Insight into Richard Pzena Trades Portfolio )'s Investment Approach Richard Pzena Trades Portfolio ), the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC, has been a prominent figure in the investment community since establishing the firm in 1995. With a BS from the Wharton School and an MBA from the University of Pennsylvania, Pzena's investment philosophy hinges on identifying undervalued companies based on their long-term earnings power. The firm's approa Show less Read more
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