Key Points
- Director Karen Marie Rapp sold 500 shares on Feb. 27 at an average price of $195.59 for $97,795, trimming her position by 5.53% to 8,535 shares valued at about $1.67M.
- Plexus reported Q1 EPS of $1.78 (vs. $1.77 estimate) and revenue of $1.07B, up 9.6% year‑over‑year, and set Q2 2026 guidance of EPS 1.800–1.950.
- Analysts rate the stock a “Moderate Buy” with a consensus target of $189.20 after several price-target raises; shares trade near $195 with a $5.23B market cap, P/E of 30.33, and roughly 94.45% institutional ownership.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) Director Karen Marie Rapp sold 500 shares of the company's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $195.59, for a total value of $97,795.00. Following the sale, the director directly owned 8,535 shares of the company's stock, valued at $1,669,360.65. The trade was a 5.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Plexus Trading Up 0.5%
NASDAQ:PLXS opened at $195.05 on Tuesday. The company's 50 day moving average is $180.93 and its 200-day moving average is $156.48. The company has a quick ratio of 0.75, a current ratio of 1.59 and a debt-to-equity ratio of 0.06. Plexus Corp. has a 12 month low of $103.43 and a 12 month high of $211.84. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 30.33 and a beta of 0.81.
Plexus (NASDAQ:PLXS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.01. The business 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%. Plexus's quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.73 EPS. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. Equities analysts anticipate that Plexus Corp. will post 5.9 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on PLXS. Wall Street Zen raised Plexus from a "hold" rating to a "buy" rating in a research report on Saturday. Benchmark upped their price target on Plexus from $165.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday, January 28th. Needham & Company LLC increased their price objective on Plexus from $165.00 to $206.00 and gave the company a "buy" rating in a research report on Friday, January 30th. Stifel Nicolaus boosted their target price on shares of Plexus from $150.00 to $200.00 and gave the stock a "hold" rating in a research report on Friday, January 30th. Finally, Williams Trading set a $195.00 target price on shares of Plexus in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $189.20.
Read Our Latest Stock Report on PLXS
Institutional Trading of Plexus
A number of institutional investors and hedge funds have recently modified their holdings of the company. Inspire Investing LLC boosted its position in Plexus by 1.6% in the 4th quarter. Inspire Investing LLC now owns 3,178 shares of the technology company's stock valued at $467,000 after buying an additional 50 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Plexus by 20.8% during the fourth quarter. Allworth Financial LP now owns 302 shares of the technology company's stock valued at $44,000 after acquiring an additional 52 shares during the period. Maryland State Retirement & Pension System boosted its holdings in Plexus by 1.5% in the fourth quarter. Maryland State Retirement & Pension System now owns 3,940 shares of the technology company's stock valued at $579,000 after acquiring an additional 60 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in Plexus by 1.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,175 shares of the technology company's stock worth $908,000 after purchasing an additional 71 shares during the period. Finally, Uncommon Cents Investing LLC increased its position in Plexus by 0.8% in the fourth quarter. Uncommon Cents Investing LLC now owns 9,925 shares of the technology company's stock worth $1,459,000 after purchasing an additional 75 shares during the period. 94.45% of the stock is currently owned by institutional investors.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
