Key Points
- CEO Todd Kelsey sold 1,500 shares on March 18 at an average price of $194.24 for a total of $291,360, reducing his stake by 1.80% to 81,791 shares (≈$15.9M).
- Plexus reported quarterly EPS of $1.78 (beating estimates by $0.01) on $1.07 billion in revenue—revenue was up 9.6% year-over-year—and set Q2 2026 guidance of $1.80–$1.95 EPS.
- Analysts hold a consensus rating of “Moderate Buy” with an average target of $194.20; the stock trades at a PE of 31.33, market cap ~$5.4B, and is 94.45% institutionally owned.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) CEO Todd Kelsey sold 1,500 shares of Plexus stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $194.24, for a total transaction of $291,360.00. Following the sale, the chief executive officer directly owned 81,791 shares of the company's stock, valued at approximately $15,887,083.84. This trade represents a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Plexus Stock Performance
NASDAQ:PLXS opened at $201.48 on Friday. Plexus Corp. has a 12 month low of $103.43 and a 12 month high of $211.84. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.59 and a quick ratio of 0.75. The firm has a market capitalization of $5.40 billion, a PE ratio of 31.33 and a beta of 0.81. The business's fifty day moving average price is $191.59 and its 200 day moving average price is $161.52.
Plexus (NASDAQ:PLXS - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.77 by $0.01. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Plexus had a return on equity of 12.39% and a net margin of 4.28%.Plexus's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.73 EPS. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. On average, sell-side analysts anticipate that Plexus Corp. will post 5.9 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently issued reports on PLXS. Weiss Ratings raised Plexus from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, March 6th. Zacks Research upgraded shares of Plexus from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 6th. Benchmark restated a "buy" rating and issued a $220.00 target price on shares of Plexus in a report on Monday. Williams Trading set a $195.00 target price on shares of Plexus in a research report on Wednesday, January 28th. Finally, Wall Street Zen lowered shares of Plexus from a "buy" rating to a "hold" rating in a research note on Sunday, March 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $194.20.
Read Our Latest Report on Plexus
Institutional Trading of Plexus
A number of large investors have recently bought and sold shares of the business. American Century Companies Inc. increased its stake in Plexus by 44.2% in the third quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company's stock valued at $159,722,000 after purchasing an additional 338,119 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Plexus by 130.0% during the fourth quarter. Victory Capital Management Inc. now owns 349,057 shares of the technology company's stock worth $51,311,000 after buying an additional 197,283 shares during the period. MetLife Investment Management LLC grew its holdings in shares of Plexus by 713.3% during the fourth quarter. MetLife Investment Management LLC now owns 126,971 shares of the technology company's stock worth $18,665,000 after buying an additional 111,360 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Plexus during the third quarter worth about $12,509,000. Finally, Arrowstreet Capital Limited Partnership increased its position in Plexus by 965.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 80,890 shares of the technology company's stock valued at $11,704,000 after acquiring an additional 73,295 shares during the period. Institutional investors and hedge funds own 94.45% of the company's stock.
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.
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