Dj Ingram Micro Holding Corp Com, Inst Holders, 3Q 2025 (Ingm)

What Happened?

Shares of IT distribution giant Ingram Micro jumped 2.7% in the afternoon session after comments from a key Federal Reserve official hinted at a potential interest rate cut in December. John Williams, president of the Federal Reserve Bank of New York, signaled he was open to lowering the fed funds rate—the key interest rate that banks charge each other for overnight loans—to support the job market. Speaking at an event, Williams stated that he sees “room for a further adjustment” for interest rates, which immediately shifted market expectations. Following his remarks, the perceived likelihood of an interest rate cut at the Federal Reserve's December meeting flipped from unlikely to more likely than not. The prospect of lower borrowing costs sent a wave of optimism through the markets, leading to a rally in major indices like the S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite.

The shares closed the day at $20.61, up 2.5% from previous close.

Is now the time to buy Ingram Micro? Access our full analysis report here.

What Is The Market Telling Us

Ingram Micro’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 8 days ago when the stock dropped 3.1% on the news that investors continued to question how much more the superstar stocks can add to their already spectacular gains. 

The main story? Investors are cashing in on a good run and feeling a bit cautious.After a fantastic run, many of those high-flying AI and technology stocks saw investors take profits: selling shares to lock in their gains. This is often called a "market rotation." Money is moving out of the red-hot tech sector (which some worry has become too expensive) and into other parts of the market that investors may currently deem more stable or reasonably-priced. 

There's a secondary reason for the cautious mood: The long government shutdown came to an end. Though it's typically interpreted as good news, it also means a flood of delayed economic reports will be released. For weeks, investors were "flying blind" without key updates on the economy's health, like inflation data and the jobs report. In typical "sell the news" fashion, investors may also be taking profits and selling in anticipation that the new data would potentially give the Federal Reserve reasons to slow or even pause future rate cuts.

Ingram Micro is up 4.1% since the beginning of the year, but at $20.61 per share, it is still trading 16.5% below its 52-week high of $24.67 from February 2025. Investors who bought $1,000 worth of Ingram Micro’s shares at the IPO in October 2024 would now be looking at an investment worth $837.80.

What Happened?

A number of stocks fell in the afternoon session after investors continued to question how much more the superstar stocks can add to their already spectacular gains. 

The main story? Investors are cashing in on a good run and feeling a bit cautious.After a fantastic run, many of those high-flying AI and technology stocks saw investors take profits: selling shares to lock in their gains. This is often called a "market rotation." Money is moving out of the red-hot tech sector (which some worry has become too expensive) and into other parts of the market that investors may currently deem more stable or reasonably-priced. 

There's a secondary reason for the cautious mood: The long government shutdown came to an end. Though it's typically interpreted as good news, it also means a flood of delayed economic reports will be released. For weeks, investors were "flying blind" without key updates on the economy's health, like inflation data and the jobs report. In typical "sell the news" fashion, investors may also be taking profits and selling in anticipation that the new data would potentially give the Federal Reserve reasons to slow or even pause future rate cuts.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Electronic Components & Manufacturing company Knowles fell 2.7%. Is now the time to buy Knowles? Access our full analysis report here, it’s free for active Edge members.
• IT Distribution & Solutions company Ingram Micro fell 3.1%. Is now the time to buy Ingram Micro? Access our full analysis report here, it’s free for active Edge members.
• Specialized Technology company Zebra fell 3.1%. Is now the time to buy Zebra? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Ingram Micro (INGM)

Ingram Micro’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 13 days ago when the stock gained 5.2% on the news that the company reported mixed third-quarter results but provided an optimistic revenue forecast for the upcoming quarter. The company's sales for the quarter grew 7.2% year-over-year to $12.6 billion, surpassing Wall Street's expectations of $12.24 billion. 

Furthermore, Ingram Micro issued strong revenue guidance for its fourth quarter, projecting sales of around $14.18 billion at the midpoint, which was well ahead of the $13.68 billion analysts had anticipated. While the revenue figures were strong, the company's GAAP earnings per share of $0.42 fell just short of the consensus estimate of $0.44. However, adjusted EBITDA, a measure of a company's operating performance, came in at $342.2 million, beating expectations by 6.9%. Investors appeared to focus on the strong top-line performance and encouraging outlook, overlooking the slight earnings miss.

Ingram Micro is up 4.3% since the beginning of the year, but at $20.66 per share, it is still trading 16.3% below its 52-week high of $24.67 from February 2025. Investors who bought $1,000 worth of Ingram Micro’s shares at the IPO in October 2024 would now be looking at an investment worth $839.72.

Ingram Micro’s third quarter was shaped by continued strength in its core client and endpoint solutions, as well as a notable rebound in the small and medium business (SMB) segment. Management highlighted that the company was able to restore operations quickly following a ransomware incident in July, minimizing disruption and supporting growth. CEO Paul Bay pointed to the expanding adoption of the Xvantage digital platform as a key factor: “Enterprise sales remained strong and our SMB customer category achieved a third straight quarter of sequential growth, which is encouraging.” The company’s focus on integrating AI capabilities and expanding its reach in international markets contributed to its performance, although a shift toward lower-margin product categories moderated gross margin gains.

Is now the time to buy INGM? Find out in our full research report (it’s free for active Edge members).

Ingram Micro (INGM) Q3 CY2025 Highlights:

• Revenue: $12.6 billion vs analyst estimates of $12.24 billion (7.2% year-on-year growth, 3% beat)
• EPS (GAAP): $0.42 vs analyst expectations of $0.44 (4.6% miss)
• Adjusted EBITDA: $342.2 million vs analyst estimates of $320.2 million (2.7% margin, 6.9% beat)
• Revenue Guidance for Q4 CY2025 is $14.18 billion at the midpoint, above analyst estimates of $13.68 billion
• Operating Margin: 1.8%, in line with the same quarter last year
• Market Capitalization: $5.21 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Ingram Micro’s Q3 Earnings Call

• Ruplu Bhattacharya (Bank of America) asked about margin trends and the impact of SMB versus enterprise mix. CFO Michael Zilis explained that higher SMB growth is encouraging, but the mix of lower-margin products and large GPU deals will continue to influence operating margins.
• Ruplu Bhattacharya (Bank of America) also questioned inventory and free cash flow expectations. Zilis stated that inventory reductions were progressing as planned and projected a typical Q4 cash flow pattern, with no abnormal working capital build expected.
• Maya Neuman (Morgan Stanley) inquired about the stage of the PC and server refresh cycle. CEO Paul Bay replied that the company is in the later innings of the PC refresh and still seeing good demand, with AI-enabled PCs likely to extend the upgrade cycle into 2026.
• Maya Neuman (Morgan Stanley) asked if rising component costs are influencing customer buying behavior. Bay responded that there is no evidence of pull-forward purchases due to component pricing at this time.
• David Paige Papadogonas (RBC Capital Markets) pressed for details on where Xvantage platform benefits are most evident. Bay explained that SMB customers use Xvantage for end-to-end business management, while enterprise clients leverage it for pricing and partner lookup, with both segments seeing efficiency gains.

Catalysts in Upcoming Quarters

Looking forward, the StockStory team will monitor (1) the pace at which AI-enabled product adoption accelerates across customer segments, (2) sustained momentum and growth in the SMB category, and (3) further expansion and measurable impact of the Xvantage and Enable AI platforms. We will also track whether ongoing margin pressures from changing product mix are mitigated by automation and operational efficiency gains.

Ingram Micro currently trades at $22.17, in line with $22.06 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it’s free for active Edge members).

High-Quality Stocks for All Market Conditions

Fresh US-China trade tensions just tanked stocks—but strong bank earnings are fueling a sharp rebound. Don’t miss the bounce.

Don’t let fear keep you from great opportunities and take a look at Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return).

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

What Happened?

Shares of IT distribution giant Ingram Micro jumped 5.2% in the afternoon session after the company reported mixed third-quarter results but provided an optimistic revenue forecast for the upcoming quarter. 

The company's sales for the quarter grew 7.2% year-over-year to $12.6 billion, surpassing Wall Street's expectations of $12.24 billion. Furthermore, Ingram Micro issued strong revenue guidance for its fourth quarter, projecting sales of around $14.18 billion at the midpoint, which was well ahead of the $13.68 billion analysts had anticipated. While the revenue figures were strong, the company's GAAP earnings per share of $0.42 fell just short of the consensus estimate of $0.44. However, adjusted EBITDA, a measure of a company's operating performance, came in at $342.2 million, beating expectations by 6.9%. Investors appeared to focus on the strong top-line performance and encouraging outlook, overlooking the slight earnings miss.

After the initial pop the shares cooled down to $23.02, up 4.4% from previous close.

Is now the time to buy Ingram Micro? Access our full analysis report here.

What Is The Market Telling Us

Ingram Micro’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 23 days ago when the stock gained 3.7% on the news that confidence in the artificial intelligence market was renewed, pushing both the S&P 500 and Nasdaq to new all-time intraday highs. The rebound was led by chipmaker Nvidia, whose shares rose nearly 2% after its CEO confirmed that demand for computing has "gone up substantially" in recent months. These comments helped reassure the market that the AI boom is supported by genuine demand, calming fears that were sparked a day earlier by a report questioning the profitability of Oracle's cloud business. The rally was strong enough to put the information technology sector on pace for a fresh closing high. This upward momentum occurred despite potential headwinds from an ongoing U.S. government shutdown, which entered its second week.

Ingram Micro is up 16.3% since the beginning of the year, and at $23.02 per share, it is trading close to its 52-week high of $24.67 from February 2025. Investors who bought $1,000 worth of Ingram Micro’s shares at the IPO in October 2024 would now be looking at an investment worth $935.77.

P.S. In tech investing, "Gorillas" are the rare companies that dominate their markets—like Microsoft and Apple did decades ago. Today, the next Gorilla is emerging in AI-powered enterprise software. Access the ticker here in our special report.