On June 12th, Avnet's SVP, Ken E. Arnold, sold 8,000 shares of the company's stock at an average price of $54.34.

Avnet's SVP, Ken E. Arnold, sold 8,000 shares of the company's stock on June 12th at an average price of $54.34, totaling $434,720. After the sale, he owns 40,239 shares worth approximately $2,186,587. Aviat Networks (AVNW) was upgraded by StockNews.com from "hold" to "buy" on May 1st, with B. Riley setting a "buy" rating and lowering their price target from $59.00 to $55.00 on the same day. AVNW shares opened at $29.39 on May 3rd.