Key Points
- CEO Todd Kelsey sold 1,500 shares on April 15 at an average price of $224.09 for $336,135 under a pre-arranged Rule 10b5-1 plan, trimming his stake by about 1.83% to 80,291 shares (≈$18.0M).
- Plexus beat quarterly expectations on Jan. 28 with EPS of $1.78 vs. $1.77 and revenue of $1.07B (up 9.6% YoY), and gave Q2 FY2026 guidance of $1.80–$1.95 EPS; analysts project ~5.9 EPS for the year.
- The stock trades near its 1-year high (≈$232) with a market cap of ~$6.0B and a PE of ~34.7, is ~94% institutionally owned, and carries a consensus rating of Moderate Buy with a $194.20 price target amid mixed analyst actions.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) CEO Todd Kelsey sold 1,500 shares of the business's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $224.09, for a total transaction of $336,135.00. Following the completion of the sale, the chief executive officer owned 80,291 shares in the company, valued at approximately $17,992,410.19. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Plexus Trading Up 1.1%
Shares of PLXS stock opened at $222.88 on Friday. Plexus Corp. has a 1-year low of $115.35 and a 1-year high of $232.17. The firm has a market cap of $5.97 billion, a PE ratio of 34.66 and a beta of 0.75. The company has a 50-day moving average of $203.13 and a two-hundred day moving average of $171.53. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.59 and a quick ratio of 0.75.
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, topping the consensus estimate of $1.77 by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Plexus had a net margin of 4.28% and a return on equity of 12.39%. The business's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.73 EPS. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. On average, analysts predict that Plexus Corp. will post 5.9 EPS for the current year.
Institutional Investors Weigh In On Plexus
Large investors have recently modified their holdings of the company. American Century Companies Inc. grew its stake in shares of Plexus by 44.2% during the third quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company's stock worth $159,722,000 after purchasing an additional 338,119 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Plexus by 23.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 240,192 shares of the technology company's stock valued at $34,753,000 after buying an additional 45,425 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Plexus by 28.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 240,460 shares of the technology company's stock worth $34,792,000 after buying an additional 52,967 shares during the last quarter. Nicola Wealth Management LTD. acquired a new position in shares of Plexus during the 3rd quarter worth about $6,655,000. Finally, Vanguard Group Inc. boosted its position in shares of Plexus by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 3,683,845 shares of the technology company's stock worth $533,016,000 after acquiring an additional 22,374 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
PLXS has been the subject of a number of research reports. Weiss Ratings raised Plexus from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 6th. Zacks Research cut Plexus from a "strong-buy" rating to a "hold" rating in a report on Monday. Stifel Nicolaus lifted their target price on Plexus from $150.00 to $200.00 and gave the company a "hold" rating in a research report on Friday, January 30th. Needham & Company LLC boosted their price target on shares of Plexus from $165.00 to $206.00 and gave the stock a "buy" rating in a research note on Friday, January 30th. Finally, Wall Street Zen cut shares of Plexus from a "buy" rating to a "hold" rating in a research report on Sunday, March 8th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $194.20.
Get Our Latest Report on Plexus
More Plexus News
Here are the key news stories impacting Plexus this week:
- Positive Sentiment: Plexus hit a fresh high as part of broader Nasdaq strength, helping push the stock upward on momentum and positive technical interest. Plexus (NASDAQ:PLXS) Hits Fresh High Amid Nasdaq Composite Momentum
- Positive Sentiment: Plexus set its fiscal Q2 2026 earnings release for April 29 and will host a management call April 30 — a near-term catalyst that can reinforce upside if results/guidance beat. Plexus Sets Fiscal Second Quarter 2026 Earnings Release Date
- Neutral Sentiment: CEO Todd Kelsey sold 1,500 shares on April 15 under a pre‑arranged Rule 10b5‑1 plan; the sale is small relative to his total holdings (≈1.83% decrease) and is typical of scheduled insider plans. SEC Filing - Form 4
- Negative Sentiment: Zacks Research downgraded Plexus from "strong-buy" to "hold" and trimmed several near- and medium‑term EPS estimates (small cuts to FY2026–FY2028 and Q1/Q4 2027). The downgrade and estimate reductions create headwinds for sentiment despite the company's recent beat and guidance. Zacks Downgrade / Estimates
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.
Further Reading
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