Plexus (NASDAQ:PLXS) CEO Sells $634,127.67 in Stock

Key Points

• CEO Todd Kelsey sold 2,403 Plexus shares on May 4 at an average $263.89 for a total of $634,127.67, trimming his stake by 2.99% to 77,888 shares valued at about $20.55 million (SEC filing).
• Plexus beat expectations in its latest quarter with EPS of $2.05 versus $1.87 estimated and revenue of $1.16 billion (+18.7% YoY), and set Q3 2026 guidance of $2.020–2.180 EPS while analysts carry a consensus "Moderate Buy" rating and $229.17 target.
• Shares traded around $265 (12‑month range $115.35–$275.83) giving a market cap of $7.1 billion and a P/E of 38.75, with institutional investors owning 94.45% and analysts split five Buys and two Holds.

Plexus Corp. (NASDAQ:PLXS - Get Free Report) CEO Todd Kelsey sold 2,403 shares of Plexus stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $263.89, for a total transaction of $634,127.67. Following the transaction, the chief executive officer owned 77,888 shares of the company's stock, valued at $20,553,864.32. The trade was a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Plexus Stock Down 0.0%

Shares of PLXS stock traded down $0.07 during trading hours on Wednesday, hitting $265.04. 432,167 shares of the company's stock traded hands, compared to its average volume of 353,160. The stock's fifty day simple moving average is $213.12 and its two-hundred day simple moving average is $179.85. Plexus Corp. has a 12-month low of $115.35 and a 12-month high of $275.83. The stock has a market cap of $7.10 billion, a price-to-earnings ratio of 38.75 and a beta of 0.88. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 0.06.

Plexus (NASDAQ:PLXS - Get Free Report) last released its earnings results on Wednesday, April 29th. The technology company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.18. Plexus had a net margin of 4.35% and a return on equity of 12.84%. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the business earned $1.66 earnings per share. The business's revenue was up 18.7% on a year-over-year basis. Plexus has set its Q3 2026 guidance at 2.020-2.180 EPS. On average, analysts expect that Plexus Corp. will post 6.56 EPS for the current year.

Institutional Investors Weigh In On Plexus

A number of large investors have recently added to or reduced their stakes in PLXS. Salomon & Ludwin LLC bought a new stake in Plexus in the 3rd quarter worth approximately $30,000. Covestor Ltd grew its position in Plexus by 207.7% in the 4th quarter. Covestor Ltd now owns 240 shares of the technology company's stock worth $35,000 after purchasing an additional 162 shares during the period. Allworth Financial LP grew its position in Plexus by 70.1% in the 3rd quarter. Allworth Financial LP now owns 250 shares of the technology company's stock worth $36,000 after purchasing an additional 103 shares during the period. Johnson Financial Group Inc. bought a new stake in Plexus in the 3rd quarter worth approximately $72,000. Finally, Farther Finance Advisors LLC grew its position in Plexus by 114.7% in the 4th quarter. Farther Finance Advisors LLC now owns 511 shares of the technology company's stock worth $75,000 after purchasing an additional 273 shares during the period. Institutional investors own 94.45% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PLXS. Williams Trading set a $195.00 price objective on shares of Plexus in a report on Wednesday, January 28th. Wall Street Zen upgraded shares of Plexus from a "hold" rating to a "buy" rating in a report on Saturday. Stifel Nicolaus set a $250.00 price objective on shares of Plexus and gave the stock a "buy" rating in a report on Monday, April 20th. Needham & Company LLC boosted their price objective on shares of Plexus from $206.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, May 1st. Finally, Raymond James Financial restated an "outperform" rating and issued a $275.00 price objective on shares of Plexus in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $229.17.

About Plexus

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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