INGM Ingram Micro Holding Corp

NEUTRAL Impact: 3/10 S-3ASR
Horizon days Filed May 5, 2026 Processed 1mo ago SEC 0001628280-26-030478
Notable filing: S-3ASR
Latest settled — T+20d
INGM ▲ +15.06% at T+20d
NEUTRAL call ✓ call won +15.06% · α vs SPY +12.28% · entry $26.79 → $30.82
Next anchor: T+60d in 7w
Last close $29.53 (close Jun 8) · +10.24% from $26.79 entry
Entry anchored
May 5, 2026
via day open
T+1d
0.00%
call 0.00% · α +0.33%
$26.79
settled 5w ago
T+5d
-1.78%
call -1.78% · α -2.91%
$26.31
settled 29d ago
T+20d
+15.06%
call +15.06% · α +12.28%
$30.82
settled 7d ago
T+60d
call — · α —
in 7w

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Executive Summary

Ingram Micro filed an automatic shelf registration (S-3ASR) to register an indeterminate amount of common stock for future sale by the company and its majority owner Platinum Equity affiliates, who hold 85.1% of shares. The filing carries forward 15.2 million unsold shares from a prior shelf and comes on the heels of strong Q1 2026 results (net sales +13.7% YoY, net income +42.9%). No immediate offering is announced, but the shelf provides flexibility for future capital raises or insider sales.

Actionable Insight

The shelf registration is routine and does not signal an immediate offering. However, the large insider stake (85.1%) and the recent secondary suggest continued selling pressure from Platinum. Monitor for any prospectus supplement that would trigger an actual offering, which could cause dilution. Strong Q1 results support the stock near-term.

Key Facts

  • S-3ASR filed May 5, 2026 for potential future offerings of common stock by company and selling stockholders (Platinum Equity affiliates).
  • Carries forward 15,162,922 unsold shares from prior registration (maximum aggregate offering price $323.4 million).
  • Platinum Equity entities beneficially own 197,104,541 shares (85.1% of outstanding) as of March 28, 2026.
  • Company reported strong Q1 FY2026 results: net sales $14.0 billion (+13.7% YoY), net income $98.9 million (+42.9% YoY), non-GAAP diluted EPS $0.75 (+23.0% YoY).
  • Company completed a secondary offering of 10.3 million shares in March 2026 and repurchased $75 million from its majority owner.
  • Quarterly dividend increased to $0.084 per share (10.5% YoY increase).

Financial Impact

No immediate financial impact; future offerings could be dilutive. The shelf registers an indeterminate amount of common stock with $323.4 million in carry-forward securities from a prior registration.

dilutionshare count

Risk Factors

  • Potential dilutive secondary offering if company or selling stockholders tap the shelf.
  • Selling stockholder overhang: Platinum may continue to reduce its 85.1% stake, pressuring the stock.

Market Snapshot

Exchange
NYSE
Sector
Wholesale-Computers & Peripheral Equipment & Software
Analyst Consensus
55% bullish (20 analysts)

Documents Analyzed

This report is based on 7 SEC documents filed with EDGAR.

DocumentAccession Number
S-3ASR Filing (Primary)0001628280-26-030478
Exhibit: exhibit51-sx3asr.htm0001628280-26-030478
Exhibit: exhibit231-sx3asr.htm0001628280-26-030478
Document: ingmexhibitfilingfee.htm0001628280-26-030478
Document: 0001628280-26-030478-index-headers.html0001628280-26-030478
Document: 0001628280-26-030478-index.html0001628280-26-030478
Document: 0001628280-26-030478.txt0001628280-26-030478
4 reports for INGM
Performance horizon
Filters
Rows
Reports for INGM — sortable, filterable
Type Now
May 5, 2026
5w ago
S-3ASR
NEUTRAL ★ 3/10
$26.79 $30.82▲ +15.06%▲ +12.28%$29.53 (+10.24%)
Mar 26, 2026
10w ago
DEFA14A
NEUTRAL ★ 2/10
$22.23 $30.18▲ +35.76%▲ +23.02%$29.53 (+32.83%)
Mar 6, 2026
13w ago
424B4
NEUTRAL ★ 5/10
$22.09 $25.92▲ +17.34%▲ +20.15%$29.53 (+33.69%)
Feb 28, 2026
14w ago
Institutional Cluster
NEUTRAL ★ 4/10
$21.21 $22.34▲ +5.35%▲ +13.29%$29.53 (+39.26%)
Showing 4 of 4

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