Key Points
- Plexus CEO Todd Kelsey sold 1,500 shares for $376,470 at an average price of $250.98. The transaction was made under a pre-arranged Rule 10b5-1 plan, leaving him with 65,888 shares.
- Plexus reported quarterly EPS of $2.32, beating expectations of $2.13, while revenue rose 28.2% year over year to $1.30 billion. The company issued fourth-quarter 2026 EPS guidance of $2.47–$2.63.
- Analysts maintain a broadly positive view, with Plexus holding a consensus “Buy” rating and an average price target of $273.00. Institutional investors own approximately 94.45% of the company’s stock.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) CEO Todd Kelsey sold 1,500 shares of Plexus stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $250.98, for a total value of $376,470.00. Following the completion of the transaction, the chief executive officer owned 65,888 shares in the company, valued at approximately $16,536,570.24. This represents a 2.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Plexus Price Performance
Shares of NASDAQ:PLXS opened at $241.91 on Friday. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 35.68 and a beta of 0.90. Plexus Corp. has a one year low of $126.86 and a one year high of $307.06. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.49 and a quick ratio of 0.72. The firm has a 50 day simple moving average of $270.14 and a 200 day simple moving average of $242.61.
Plexus (NASDAQ:PLXS - Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.13 by $0.19. Plexus had a return on equity of 12.46% and a net margin of 4.03%.The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the company earned $1.64 earnings per share. The business's quarterly revenue was up 28.2% on a year-over-year basis. Plexus has set its Q4 2026 guidance at 2.470-2.630 EPS. Research analysts predict that Plexus Corp. will post 7.11 earnings per share for the current fiscal year.
Analyst Ratings Changes
PLXS has been the topic of several recent analyst reports. Needham & Company LLC restated a "buy" rating and issued a $310.00 target price on shares of Plexus in a report on Friday, August 14th. Raymond James Financial reaffirmed an "outperform" rating and set a $275.00 price target on shares of Plexus in a research note on Thursday, April 30th. Stifel Nicolaus lifted their price objective on shares of Plexus from $280.00 to $330.00 and gave the company a "buy" rating in a report on Monday, June 22nd. Weiss Ratings cut Plexus from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen raised Plexus from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company's stock. According to data from MarketBeat, Plexus presently has a consensus rating of "Buy" and an average price target of $273.00.
View Our Latest Report on Plexus
Institutional Investors Weigh In On Plexus
Several institutional investors and hedge funds have recently added to or reduced their stakes in PLXS. Inspire Investing LLC grew its position in Plexus by 1.6% during the 4th quarter. Inspire Investing LLC now owns 3,178 shares of the technology company's stock worth $467,000 after acquiring an additional 50 shares during the last quarter. Allworth Financial LP grew its holdings in shares of Plexus by 20.8% in the fourth quarter. Allworth Financial LP now owns 302 shares of the technology company's stock worth $44,000 after purchasing an additional 52 shares during the last quarter. Maryland State Retirement & Pension System increased its stake in shares of Plexus by 1.5% in the fourth quarter. Maryland State Retirement & Pension System now owns 3,940 shares of the technology company's stock worth $579,000 after buying an additional 60 shares during the period. Trust Point Inc. raised its holdings in Plexus by 5.5% during the 2nd quarter. Trust Point Inc. now owns 1,308 shares of the technology company's stock valued at $393,000 after buying an additional 68 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in Plexus by 1.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,175 shares of the technology company's stock valued at $908,000 after buying an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 94.45% of the company's stock.
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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