Company profile

Ticker
AXE
Exchange
Website
CEO
William A. Galvin
Employees
Incorporated in
Location
Fiscal year end
Former names
Itel Corp
SEC CIK
IRS number
941658138

AXE stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

28 Apr 20
1 Jun 20
1 Jan 21

News

Company financial data Financial data

Quarter (USD) Apr 20 Jan 20 Sep 19 Jun 19
Revenue 2.07B 2.25B 2.22B 2.26B
Net income 35.7M 101M 59.3M 63.5M
Diluted EPS 1.03 2.93 1.73 1.86
Net profit margin 1.72% 4.48% 2.67% 2.81%
Operating income 71.4M 85.4M 101.8M 105.7M
Net change in cash 202.4M -16.1M 43.7M -25M
Cash on hand 282M 79.6M 95.7M 52M
Cost of revenue 1.66B 1.79B 1.78B 1.81B
Annual (USD) Jan 20 Jan 16
Revenue 8.85B 6.19B
Net income 262.9M 127.6M
Diluted EPS 7.67 3.81
Net profit margin 2.97% 2.06%
Operating income 367.5M 267.8M
Net change in cash -71.7M
Cash on hand 79.6M 151.3M
Cost of revenue 7.07B 4.85B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Mar 20 Scott Ramsbottom Common stock units Grant Aquire A 0 3,846 0 17,984
1 Mar 20 Ilaria Mocciaro Common stock units Grant Aquire A 0 2,051 0 8,364
1 Mar 20 Rodney Arthur Smith Common stock units Grant Aquire A 0 885 0 40,666
1 Mar 20 Rodney Arthur Smith Common stock units Grant Aquire A 0 4,102 0 39,781
1 Mar 20 Rodney Arthur Smith Common stock Payment of exercise Dispose F 97.51 1,725 168.2K 35,679
1 Mar 20 Scott Ramsbottom Common stock Payment of exercise Dispose F 97.51 156 15.21K 19,558
1 Mar 20 Scott Ramsbottom Common stock Grant Aquire A 0 272 0 19,714
1 Mar 20 Scott Ramsbottom Common stock units Grant Aquire A 0 885 0 19,442
1 Mar 20 Scott Ramsbottom Common stock units Grant Aquire A 0 573 0 18,557
1 Mar 20 Ilaria Mocciaro Common stock Payment of exercise Dispose F 97.51 704 68.65K 6,313
92.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 194 238 -18.5%
Opened positions 23 82 -72.0%
Closed positions 67 61 +9.8%
Increased positions 73 51 +43.1%
Reduced positions 70 84 -16.7%
13F shares
Current Prev Q Change
Total value 2.77B 2.75B +0.8%
Total shares 31.54M 29.86M +5.6%
Total puts 99.6K 122.51K -18.7%
Total calls 42K 93.4K -55.0%
Total put/call ratio 2.4 1.3 +80.8%
Largest owners
Shares Value Change
BLK BlackRock 4.68M $411.29M -1.6%
Vanguard 3.21M $282.15M +3.6%
GS Goldman Sachs 3.2M $281.54M +607.3%
Dimensional Fund Advisors 2.33M $204.94M +0.6%
Alpine Associates Management 1.39M $121.87M +42.6%
Chai Trust 1.15M $100.9M -24.9%
Water Island Capital 1.1M $97.05M +39.3%
STT State Street 1.05M $92.59M +7.7%
Carlson Capital L P 1.03M $90.94M +24.7%
Pentwater Capital Management 684.88K $60.18M +53.9%
Largest transactions
Shares Bought/sold Change
GS Goldman Sachs 3.2M +2.75M +607.3%
Farallon Capital Management 0 -917.89K EXIT
Victory Capital Management 12.74K -782.7K -98.4%
UBS UBS 21.37K -473.89K -95.7%
Alpine Associates Management 1.39M +414.55K +42.6%
Norges Bank 0 -388.18K EXIT
Chai Trust 1.15M -380K -24.9%
DLD Asset Management 376.9K +356.9K +1784.5%
Water Island Capital 1.1M +311.42K +39.3%
Westchester Capital Management 317.98K +307.21K +2852.7%

Financial report summary

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Competition
Iso
Risks
  • The pendency of our agreement to be acquired by WESCO International, Inc. could have an adverse effect on our business.
  • A change in sales strategy or financial viability of our suppliers could adversely affect our sales or earnings.
  • We have risks associated with the sale of nonconforming products and services.
  • Our foreign operations are subject to political, economic, currency and other risks.
  • We have risks associated with inventory.
  • Our operating results are affected by copper prices.
  • We have risks associated with the integration of acquired businesses.
  • Our debt agreements could impose restrictions on our business.
  • We have substantial debt which could adversely affect our profitability, limit our ability to obtain financing in the future and pursue certain business opportunities.
  • A decline in project volume could adversely affect our sales and earnings.
  • Any significant disruption, interruption or failure of our information systems could disrupt our business, result in increased costs and decreased revenues, harm our reputation, and expose us to liability.
  • We may experience a failure in or breach of our operational or information security systems, or those of our third-party service providers, as a result of cyber attacks or information security breaches.
  • Disruptions to our logistics capability or supply chain may have an adverse impact on our operations.
  • We are subject to various laws and regulations globally and any failure to comply could adversely affect our business.
Management Discussion
  • Total company sales decreased 1.7% to $2,071.7 million in the first quarter of 2020, reflecting growth in our Utility Power Solutions ("UPS") segment but offset by declines in our Network and Security Solutions ("NSS") and Electrical and Electronic Solutions ("EES") segments. Excluding the unfavorable impacts from foreign exchange and copper, our results reflect organic sales decline of 1.3%. The current quarter had 65 billing days compared to 64 billing days in the prior year period. Excluding the favorable impact from the extra billing day, adjusted daily sales decreased 2.8%. In addition, the first quarter of 2020 also reflects gross margin of 20.1%, up 20 basis points from the prior year.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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