Plexus (NASDAQ:PLXS) CFO Patrick John Jermain Sells 2,321 Shares

Plexus Corp. (NASDAQ:PLXS) CFO Patrick John Jermain sold 2,321 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $201.12, for a total value of $466,799.52. Following the transaction, the chief financial officer owned 14,561 shares of the company’s stock, valued at $2,928,508.32. This represents a 13.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Patrick John Jermain also recently made the following trade(s):

• On Wednesday, February 4th, Patrick John Jermain sold 3,587 shares of Plexus stock. The stock was sold at an average price of $204.09, for a total transaction of $732,070.83.
• On Tuesday, February 3rd, Patrick John Jermain sold 4,841 shares of Plexus stock. The stock was sold at an average price of $204.01, for a total transaction of $987,612.41.

Plexus Price Performance

Shares of NASDAQ PLXS traded down $5.33 during mid-day trading on Tuesday, hitting $195.95. 392,145 shares of the company’s stock traded hands, compared to its average volume of 361,627. The company’s 50-day moving average is $172.63 and its two-hundred day moving average is $151.68. 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 Corp. has a 1 year low of $103.43 and a 1 year high of $211.84. The company has a market capitalization of $5.25 billion, a P/E ratio of 30.47 and a beta of 0.81.

Plexus (NASDAQ:PLXS) last announced its earnings results on Wednesday, January 28th. The technology company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. Plexus had a return on equity of 12.39% and a net margin of 4.28%.The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the business earned $1.73 EPS. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. On average, equities analysts anticipate that Plexus Corp. will post 5.9 EPS for the current fiscal year.

Institutional Trading of Plexus

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake 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. Dimensional Fund Advisors LP increased its position in shares of Plexus by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,373,457 shares of the technology company’s stock worth $201,903,000 after purchasing an additional 7,051 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Plexus by 44.2% in the 3rd 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. State Street Corp grew its stake in Plexus by 2.3% during the 2nd quarter. State Street Corp now owns 1,059,501 shares of the technology company’s stock worth $143,361,000 after buying an additional 24,115 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in Plexus by 4.0% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 915,296 shares of the technology company’s stock valued at $132,434,000 after buying an additional 35,237 shares in the last quarter. 94.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on PLXS. Needham & Company LLC upped their target price on Plexus from $165.00 to $206.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Williams Trading set a $195.00 target price on Plexus in a research report on Wednesday, January 28th. Sidoti lowered shares of Plexus from a “buy” rating to a “neutral” rating and set a $150.00 target price for the company. in a research note on Friday, October 24th. Benchmark raised their price target on shares of Plexus from $165.00 to $195.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings raised shares of Plexus from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $189.20.

Plexus Company Profile

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.