Versor Investments LP Has $1.49 Million Holdings in Plexus Corp. $PLXS

Versor Investments LP lowered its position in shares of Plexus Corp. (NASDAQ:PLXS) by 22.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,989 shares of the technology company’s stock after selling 3,122 shares during the quarter. Versor Investments LP’s holdings in Plexus were worth $1,487,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Y Intercept Hong Kong Ltd raised its holdings in shares of Plexus by 837.9% during the second quarter. Y Intercept Hong Kong Ltd now owns 27,415 shares of the technology company’s stock valued at $3,710,000 after acquiring an additional 24,492 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Plexus by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 60,413 shares of the technology company’s stock valued at $8,174,000 after acquiring an additional 3,398 shares during the period. MQS Management LLC raised its holdings in shares of Plexus by 99.2% during the second quarter. MQS Management LLC now owns 4,281 shares of the technology company’s stock valued at $579,000 after acquiring an additional 2,132 shares during the period. Linden Thomas Advisory Services LLC acquired a new stake in shares of Plexus during the second quarter valued at approximately $875,000. Finally, State of New Jersey Common Pension Fund D increased its stake in Plexus by 1.7% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 14,437 shares of the technology company’s stock valued at $1,953,000 after buying an additional 239 shares during the period. Institutional investors and hedge funds own 94.45% of the company’s stock.

Insider Activity at Plexus

In other news, CAO Angelo Michael Ninivaggi, Jr. sold 1,576 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $137.78, for a total transaction of $217,141.28. Following the transaction, the chief accounting officer owned 24,495 shares in the company, valued at $3,374,921.10. This represents a 6.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Oliver K. Mihm sold 2,102 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $130.43, for a total transaction of $274,163.86. Following the transaction, the chief operating officer owned 21,155 shares in the company, valued at approximately $2,759,246.65. This trade represents a 9.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,354 shares of company stock worth $2,239,309 over the last quarter. 1.76% of the stock is currently owned by corporate insiders.

Plexus Stock Performance

Shares of PLXS opened at $139.90 on Friday. The company’s fifty day moving average is $142.02 and its 200-day moving average is $134.78. Plexus Corp. has a 12 month low of $103.43 and a 12 month high of $172.89. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 22.35 and a beta of 0.80. The company has a quick ratio of 0.77, a current ratio of 1.58 and a debt-to-equity ratio of 0.06.

Plexus (NASDAQ:PLXS) last announced its quarterly earnings results on Wednesday, October 22nd. The technology company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.84 by $0.30. Plexus had a net margin of 4.29% and a return on equity of 12.77%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the business posted $1.85 EPS. Plexus’s quarterly revenue was up .7% on a year-over-year basis. Plexus has set its Q1 2026 guidance at 1.660-1.810 EPS. Equities analysts expect that Plexus Corp. will post 5.9 EPS for the current fiscal year.

Analysts Set New Price Targets

PLXS has been the topic of several research reports. Benchmark reiterated a “buy” rating and issued a $165.00 price objective on shares of Plexus in a research note on Friday, October 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Plexus in a research note on Wednesday, October 8th. Stifel Nicolaus set a $150.00 price objective on shares of Plexus in a research note on Friday, October 24th. Wall Street Zen lowered shares of Plexus from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Finally, Sidoti lowered shares of Plexus from a “buy” rating to a “neutral” rating and set a $150.00 price objective on the stock. in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Plexus presently has a consensus rating of “Hold” and an average price target of $159.00.

Plexus Profile

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.