Key Points
- Plexus director Karen Marie Rapp sold 500 shares at an average price of $240.87, generating $120,435. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced her direct holdings by 6.22% to 7,535 shares.
- Plexus recently exceeded quarterly expectations, reporting $2.32 in earnings per share and $1.30 billion in revenue, with revenue up 28.2% year over year. The company issued fourth-quarter 2026 EPS guidance of $2.47–$2.63.
- Analyst sentiment remains positive, with the stock carrying an average “Buy” rating and a $273 consensus price target. Plexus shares opened at $238.57, while institutional investors own 94.45% of the company.
Plexus Corp. (NASDAQ:PLXS - Get Free Report) Director Karen Marie Rapp sold 500 shares of the business's stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $240.87, for a total value of $120,435.00. Following the completion of the transaction, the director directly owned 7,535 shares of the company's stock, valued at approximately $1,814,955.45. This trade represents a 6.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Plexus Stock Performance
Shares of Plexus stock opened at $238.57 on Wednesday. The company has a 50 day moving average of $261.34 and a 200-day moving average of $244.70. The company has a current ratio of 1.49, a quick ratio of 0.72 and a debt-to-equity ratio of 0.06. Plexus Corp. has a 1-year low of $132.03 and a 1-year high of $307.06. The company has a market cap of $6.38 billion, a PE ratio of 35.19 and a beta of 0.89.
Plexus (NASDAQ:PLXS - Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $2.32 earnings per share for the quarter, beating analysts' consensus estimates of $2.13 by $0.19. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.23 billion. Plexus had a return on equity of 12.46% and a net margin of 4.03%.The company's revenue was up 28.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.64 EPS. Plexus has set its Q4 2026 guidance at 2.470-2.630 EPS. As a group, equities research analysts forecast that Plexus Corp. will post 7.11 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
PLXS has been the topic of a number of recent research reports. Weiss Ratings lowered Plexus from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. Needham & Company LLC restated a "buy" rating and issued a $310.00 price objective on shares of Plexus in a report on Friday, August 14th. Sidoti raised Plexus from a "neutral" rating to a "buy" rating and set a $308.00 target price on the stock in a report on Friday, July 31st. Zacks Research upgraded Plexus from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 11th. Finally, 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 research note on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $273.00.
View Our Latest Report on Plexus
Institutional Investors Weigh In On Plexus
A number of institutional investors have recently added to or reduced their stakes in PLXS. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Plexus during the second quarter valued at approximately $32,000. Kilter Group LLC bought a new position in Plexus during the second quarter valued at about $40,000. Persistent Asset Partners Ltd bought a new position in Plexus during the second quarter valued at about $71,000. Covestor Ltd increased its holdings in Plexus by 207.7% during the fourth quarter. Covestor Ltd now owns 240 shares of the technology company's stock worth $35,000 after buying an additional 162 shares during the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of Plexus during the 2nd quarter worth approximately $74,000. 94.45% of the stock is owned by institutional investors.
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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