Key Points
- Plexus CFO Patrick John Jermain sold 4,841 shares on Feb. 3 at an average of $204.01 for about $987,612, cutting his ownership by 19.13% to 20,469 shares (≈$4.18M).
- Plexus beat quarterly EPS expectations ($1.78 vs. $1.77), reported $1.07B of revenue (up 9.6% YoY) and set Q2 2026 guidance of $1.80–$1.95 EPS.
- Analysts carry a consensus "Hold" rating with an average price target of $189.20 while the stock trades near $204 and institutional investors own about 94.45% of shares.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) CFO Patrick John Jermain sold 4,841 shares of the business's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $204.01, for a total value of $987,612.41. Following the sale, the chief financial officer owned 20,469 shares in the company, valued at approximately $4,175,880.69. The trade was a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Patrick John Jermain also recently made the following trade(s):
- On Tuesday, November 11th, Patrick John Jermain sold 2,000 shares of Plexus stock. The shares were sold at an average price of $143.53, for a total value of $287,060.00.
Plexus Trading Down 0.6%
NASDAQ:PLXS opened at $203.78 on Wednesday. Plexus Corp. has a 52-week low of $103.43 and a 52-week high of $208.92. The company has a quick ratio of 0.75, a current ratio of 1.59 and a debt-to-equity ratio of 0.06. The stock has a fifty day simple moving average of $162.53 and a 200-day simple moving average of $146.96. The company has a market capitalization of $5.45 billion, a PE ratio of 31.69 and a beta of 0.81.
Plexus (NASDAQ:PLXS - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.77 by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.07 billion. Plexus had a net margin of 4.28% and a return on equity of 12.39%. The firm's revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.73 EPS. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. On average, equities research analysts expect that Plexus Corp. will post 5.9 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on PLXS. Sidoti downgraded Plexus from a "buy" rating to a "neutral" rating and set a $150.00 price objective for the company. in a research report on Friday, October 24th. Stifel Nicolaus raised their price target on Plexus from $150.00 to $200.00 and gave the stock a "hold" rating in a research report on Friday. Williams Trading set a $195.00 price target on Plexus in a report on Wednesday, January 28th. Wall Street Zen lowered Plexus from a "buy" rating to a "hold" rating in a research note on Saturday, November 22nd. Finally, Benchmark lifted their price objective on Plexus from $165.00 to $195.00 and gave the stock a "buy" rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Plexus presently has a consensus rating of "Hold" and an average price target of $189.20.
Check Out Our Latest Stock Report on Plexus
Hedge Funds Weigh In On Plexus
Several large investors have recently added to or reduced their stakes in PLXS. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Plexus by 7.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,955 shares of the technology company's stock valued at $941,000 after buying an additional 484 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Plexus by 23.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 240,192 shares of the technology company's stock worth $34,753,000 after buying an additional 45,425 shares during the period. Wedge Capital Management L L P NC increased its position in shares of Plexus by 36.6% in the third quarter. Wedge Capital Management L L P NC now owns 27,600 shares of the technology company's stock worth $3,993,000 after acquiring an additional 7,393 shares in the last quarter. Capital Fund Management S.A. raised its stake in shares of Plexus by 28.4% in the 2nd quarter. Capital Fund Management S.A. now owns 41,043 shares of the technology company's stock valued at $5,554,000 after acquiring an additional 9,076 shares during the period. Finally, Nicola Wealth Management LTD. purchased a new position in shares of Plexus in the 3rd quarter valued at $6,655,000. 94.45% of the stock is currently owned by hedge funds and other institutional investors.
About Plexus
(
Get Free Report)
Plexus Corp. (NASDAQ: PLXS) is a global provider of electronics manufacturing services (EMS) and precision engineered electronics solutions. Headquartered in Neenah, Wisconsin, the company partners with original equipment manufacturers across industries such as medical, industrial, aerospace and defense, computing, and communications. Plexus offers a full suite of services that span new product introduction, product lifecycle management, supply chain management, printed circuit board assembly, system integration, and aftermarket support.
Founded in 1979, Plexus has grown from a regional electronics assembler into a multinational organization with manufacturing and engineering centers across North America, Europe, and Asia.
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