Insider Buying: PC Connection (NASDAQ:CNXN) COO Acquires 2,490 Shares of Company Stock

November 11, 2026 by InsiderTrades.com

Key Points

COO Matthew David Zafirovski bought 2,490 PC Connection shares at an average of $80.20 each, a purchase totaling about $199,700.
PC Connection’s latest quarter beat expectations, reporting EPS of $1.24 versus a $1.04 consensus and revenue of $874.31 million versus estimates of $773.74 million.
The company announced a quarterly dividend of $0.20 per share, equivalent to an annualized yield of about 1%; analysts cited in the article rated the stock Strong Buy on average.

PC Connection, Inc. (NASDAQ:CNXN - Get Free Report) COO Matthew David Zafirovski bought 2,490 shares of the stock in a transaction on Monday, November 9th. The stock was purchased at an average price of $80.20 per share, for a total transaction of $199,698.00. Following the completion of the purchase, the chief operating officer owned 2,490 shares of the company's stock, valued at approximately $199,698. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

PC Connection Stock Performance

CNXN stock opened at $82.10 on Wednesday. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 20.27, a PEG ratio of 1.80 and a beta of 0.83. PC Connection, Inc. has a fifty-two week low of $54.97 and a fifty-two week high of $96.90. The stock has a fifty day moving average of $87.36 and a 200-day moving average of $73.21.

PC Connection (NASDAQ:CNXN - Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.20. PC Connection had a return on equity of 11.38% and a net margin of 3.25%. The company had revenue of $874.31 million during the quarter, compared to analyst estimates of $773.74 million. Equities analysts predict that PC Connection, Inc. will post 4.46 EPS for the current year.

PC Connection Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, November 10th. PC Connection's dividend payout ratio (DPR) is currently 19.75%.

Hedge Funds Weigh In On PC Connection

A number of large investors have recently made changes to their positions in the stock. PDT Partners LLC purchased a new stake in PC Connection during the 2nd quarter worth about $3,557,000. Bank of America Corp DE bought a new position in PC Connection in the 2nd quarter worth about $3,080,000. Legal & General Group Plc purchased a new position in PC Connection during the 2nd quarter valued at about $1,872,000. Hsbc Holdings PLC purchased a new position in PC Connection during the 2nd quarter valued at about $1,138,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in PC Connection by 137.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 61,038 shares of the company's stock valued at $3,661,000 after buying an additional 35,358 shares in the last quarter. 42.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on CNXN. Weiss Ratings upgraded shares of PC Connection from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Zacks Research upgraded shares of PC Connection from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Strong Buy".

View Our Latest Stock Report on CNXN

PC Connection Company Profile

(Get Free Report)

PC Connection, Inc. is an information technology solutions provider that helps businesses, government agencies, educational institutions and other organizations select, acquire and manage technology. The company sells computers, software, networking equipment, peripherals and other IT products, alongside services such as technology deployment, configuration, logistics and support. Operating through the Connection brand and specialized channels including GovConnection, the company serves customers across the United States.