Platinum Equity and its affiliated investment entities recently executed a significant divestment of Ingram Micro Holding Corp (NASDAQ:INGM) equity, according to a Form 4 filing submitted to the Securities and Exchange Commission. The transactions involved the sale of common stock on June 15, 2026.
The group, which includes Platinum Equity, LLC, Platinum Equity Investment Holdings, LLC, and several other related investment vehicles, disposed of 5,167,069 shares of Ingram Micro common stock. The shares were sold at a price of $29.03 per share, totaling approximately $150,000,013. The stock currently trades at $28.49, near the sale price, though InvestingPro data indicates the company remains undervalued with a Fair Value of $36.23. The stock has delivered a 48% return over the past year, reflecting strong momentum in the electronic equipment distribution sector.
These sales were conducted by entities that are considered 10% owners and are deemed to share beneficial ownership of Ingram Micro securities. Tom Gores, manager of Platinum Equity, LLC, is associated with these entities. The shares are indirectly held through a complex structure of investment vehicles, with Imola JV Holdings, L.P. and Ingram Holdco, LLC being the record holders of the shares, as detailed in the filing’s footnotes.
Following these transactions, the Platinum Equity affiliated group collectively holds 177,466,319 shares of Ingram Micro Holding Corp. For investors seeking deeper insights into INGM’s valuation and growth prospects, InvestingPro offers access to 11 additional ProTips and comprehensive Pro Research Reports covering over 1,400 US equities.
In other recent news, Ingram Micro Holding Corporation has been selected as a global distributor for Hewlett Packard Enterprise, expanding a partnership that spans more than two decades. This designation provides Ingram Micro with full access to HPE’s entire portfolio, including networking, cloud, and AI solutions. Additionally, Ingram Micro announced a strategic alliance with Banzai International Inc. to distribute Banzai’s OpenReel and Demio products through its channel partner network in the U.S. This agreement is expected to accelerate the adoption of Banzai’s marketing and sales solutions among enterprise customers.PL+1.56%INGM-2.00%PlatinumFollowAnalyze PLIncluded in our AI-picked strategies·Review strategies1,764.45▲+27.10(+1.56%)Real-time Data·22:27:37·USD1D1W1M6M1Y5YMaxCreated with Highcharts 11.4.804:0008:0012:0016:0020:0018/06170017501800In this articlePL+1.56%INGM-2.00%Analyze PLIngram Micro has also been in the spotlight due to a secondary offering priced by Ingram Holdco, an affiliate of Platinum Equity. The offering involves 12.7 million shares priced at $26.00 per share, with the selling stockholder receiving all proceeds. Ingram Micro is not selling any shares and will not receive any proceeds from this transaction. The underwriters have a 30-day option to purchase up to an additional 1.7 million shares at the public offering price. This offering is valued at approximately $330 million, with an option to purchase an additional $45 million of common stock.
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