Key Points
- Angelo Michael Ninivaggi, Jr. sold 1,347 Plexus shares on Nov. 26 at an average price of $144.93 for $195,220.71, reducing his stake by 5.88% to 21,544 shares valued at about $3.12M.
- Plexus beat Q3 estimates, reporting $2.14 EPS versus $1.84 expected and $1.06B revenue, and gave Q1 2026 EPS guidance of $1.66–$1.81; the company has a $3.83B market cap and a P/E of 22.86.
- Institutional ownership is high (94.45%) with large increases from Vanguard and American Century, while analysts are mixed—average rating "Hold" with a $159 target.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) CAO Angelo Michael Ninivaggi, Jr. sold 1,347 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $144.93, for a total transaction of $195,220.71. Following the transaction, the chief accounting officer owned 21,544 shares in the company, valued at $3,122,371.92. The trade was a 5.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Plexus Trading Down 0.5%
Shares of PLXS opened at $143.12 on Friday. Plexus Corp. has a fifty-two week low of $103.43 and a fifty-two week high of $172.89. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 22.86 and a beta of 0.80. The firm has a 50 day moving average price of $143.36 and a 200-day moving average price of $136.96. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.77 and a current ratio of 1.58.
Plexus (NASDAQ:PLXS - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The technology company reported $2.14 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.30. The company had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.05 billion. Plexus had a net margin of 4.29% and a return on equity of 12.77%. The firm's revenue was up .7% compared to the same quarter last year. During the same quarter last year, the company earned $1.85 EPS. Plexus has set its Q1 2026 guidance at 1.660-1.810 EPS. As a group, equities research analysts forecast that Plexus Corp. will post 5.9 earnings per share for the current year.
Hedge Funds Weigh In On Plexus
Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Plexus by 0.6% in the third quarter. Vanguard Group Inc. now owns 3,683,845 shares of the technology company's stock valued at $533,016,000 after acquiring an additional 22,374 shares in the last quarter. American Century Companies Inc. raised its holdings in Plexus by 44.2% in the 3rd quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company's stock worth $159,722,000 after purchasing an additional 338,119 shares in the last quarter. State Street Corp lifted its position in shares of Plexus by 2.3% in the 2nd quarter. State Street Corp now owns 1,059,501 shares of the technology company's stock worth $143,361,000 after purchasing an additional 24,115 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Plexus by 0.6% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 975,612 shares of the technology company's stock valued at $125,005,000 after purchasing an additional 6,257 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in shares of Plexus by 120.4% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 348,510 shares of the technology company's stock valued at $44,655,000 after purchasing an additional 190,360 shares in the last quarter. Institutional investors own 94.45% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on PLXS shares. Wall Street Zen cut Plexus from a "buy" rating to a "hold" rating in a report on Saturday, November 22nd. Stifel Nicolaus set a $150.00 price objective on Plexus in a research note on Friday, October 24th. Sidoti cut shares of Plexus from a "buy" rating to a "neutral" rating and set a $150.00 target price on the stock. in a report on Friday, October 24th. Needham & Company LLC upped their price target on shares of Plexus from $158.00 to $165.00 and gave the company a "buy" rating in a report on Thursday, October 23rd. Finally, Williams Trading set a $165.00 price target on shares of Plexus in a research report on Monday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $159.00.
Check Out Our Latest Stock Analysis on PLXS
About Plexus
(
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Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.
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