Key Points
- Insider sale: Frank Zycinski sold 1,399 shares on Feb. 12 at an average price of $205.99 for a total of $288,180.01, according to an SEC filing.
- Quarterly results & guidance: Plexus reported $1.78 EPS (vs. $1.77 est.) and $1.07B revenue with revenue up 9.6% YoY, and set Q2 2026 guidance of $1.80–$1.95 EPS.
- Market context: Shares were trading down ~2.6% (opened $195.95), the company has a $5.25B market cap and 94.45% institutional ownership, and analysts hold a consensus “Moderate Buy” with an average target of $189.20.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) insider Frank Zycinski sold 1,399 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $205.99, for a total transaction of $288,180.01. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Plexus Trading Down 2.6%
Shares of NASDAQ:PLXS opened at $195.95 on Wednesday. Plexus Corp. has a 52 week low of $103.43 and a 52 week high of $211.84. The company's 50 day moving average is $173.44 and its two-hundred day moving average is $152.18. The company has a market cap of $5.25 billion, a PE ratio of 30.47 and a beta of 0.81. The company has a current ratio of 1.59, a quick ratio of 0.75 and a debt-to-equity ratio of 0.06.
Plexus (NASDAQ:PLXS - Get Free Report) last issued its earnings results on Wednesday, January 28th. The technology company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.77 by $0.01. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Plexus had a net margin of 4.28% and a return on equity of 12.39%. The company's revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.73 earnings per share. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. Equities analysts predict that Plexus Corp. will post 5.9 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position 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 worth $941,000 after acquiring an additional 484 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Plexus by 23.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 240,192 shares of the technology company's stock worth $34,753,000 after purchasing an additional 45,425 shares in the last quarter. Nicola Wealth Management LTD. purchased a new stake in shares of Plexus during the 3rd quarter worth $6,655,000. Wedge Capital Management L L P NC grew its stake in shares of Plexus by 36.6% during the 3rd quarter. Wedge Capital Management L L P NC now owns 27,600 shares of the technology company's stock worth $3,993,000 after purchasing an additional 7,393 shares during the period. Finally, Capital Fund Management S.A. increased its holdings 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 purchasing an additional 9,076 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on PLXS. Needham & Company LLC raised their target price on Plexus from $165.00 to $206.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. Zacks Research upgraded shares of Plexus from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 6th. Sidoti cut shares of Plexus from a "buy" rating to a "neutral" rating and set a $150.00 price objective on the stock. in a report on Friday, October 24th. Williams Trading set a $195.00 price objective on shares of Plexus in a research report on Wednesday, January 28th. Finally, Weiss Ratings raised shares of Plexus from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Plexus presently has a consensus rating of "Moderate Buy" and an average price target of $189.20.
Get Our Latest Stock Analysis on Plexus
Plexus Company Profile
(
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.
Further Reading
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