Key Points
- Director Karen Marie Rapp sold 500 shares on November 28 at an average price of $143.47 for $71,735, reducing her holding by 6.12% to 7,665 shares (about $1.10M).
- Plexus beat quarterly estimates, reporting $2.14 EPS vs. $1.84 consensus and $1.06B in revenue, and set Q1 2026 guidance of $1.660–1.810 EPS; sell-side coverage is mixed with a consensus “Hold” and an average price target of $159.
- Institutional ownership is very high (94.45%), with recent position increases by firms such as Deutsche Bank and Invesco, signaling strong institutional interest despite mixed analyst ratings.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) Director Karen Marie Rapp sold 500 shares of the company's stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $143.47, for a total transaction of $71,735.00. Following the transaction, the director directly owned 7,665 shares of the company's stock, valued at approximately $1,099,697.55. This represents a 6.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Plexus Price Performance
Plexus stock opened at $145.41 on Wednesday. Plexus Corp. has a 1 year low of $103.43 and a 1 year high of $172.89. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.77 and a current ratio of 1.58. The firm has a 50 day moving average price of $143.33 and a 200 day moving average price of $137.17. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 23.23 and a beta of 0.80.
Plexus (NASDAQ:PLXS - Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The technology company reported $2.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.84 by $0.30. Plexus had a net margin of 4.29% and a return on equity of 12.77%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter last year, the business earned $1.85 EPS. Plexus's revenue for the quarter was up .7% on a year-over-year basis. Plexus has set its Q1 2026 guidance at 1.660-1.810 EPS. Sell-side analysts predict that Plexus Corp. will post 5.9 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on PLXS. Weiss Ratings restated a "hold (c+)" rating on shares of Plexus in a report on Wednesday, October 8th. Williams Trading set a $165.00 price target on shares of Plexus in a report on Monday, September 22nd. Sidoti downgraded shares of Plexus from a "buy" rating to a "neutral" rating and set a $150.00 price objective for the company. in a research note on Friday, October 24th. Needham & Company LLC raised their target price on shares of Plexus from $158.00 to $165.00 and gave the company a "buy" rating in a research note on Thursday, October 23rd. Finally, Wall Street Zen cut shares of Plexus from a "buy" rating to a "hold" rating in a research report on Saturday, November 22nd. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $159.00.
Get Our Latest Stock Report on PLXS
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Jefferies Financial Group Inc. purchased a new stake in Plexus during the 1st quarter worth $399,000. PNC Financial Services Group Inc. grew its stake in shares of Plexus by 14.2% during the first quarter. PNC Financial Services Group Inc. now owns 2,287 shares of the technology company's stock valued at $293,000 after acquiring an additional 284 shares in the last quarter. Deutsche Bank AG increased its position in shares of Plexus by 22.8% during the first quarter. Deutsche Bank AG now owns 47,997 shares of the technology company's stock worth $6,150,000 after acquiring an additional 8,921 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Plexus by 139.6% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,139 shares of the technology company's stock worth $2,709,000 after acquiring an additional 12,318 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Plexus by 66.1% in the first quarter. Invesco Ltd. now owns 211,741 shares of the technology company's stock worth $27,130,000 after acquiring an additional 84,249 shares in the last quarter. 94.45% of the stock is currently owned by hedge funds and other institutional investors.
Plexus Company Profile
(
Get Free Report)
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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