Plexus Corp. $PLXS Shares Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. increased its position in shares of Plexus Corp. (NASDAQ:PLXS) by 80.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,636 shares of the technology company’s stock after purchasing an additional 1,619 shares during the period. Fox Run Management L.L.C.’s holdings in Plexus were worth $492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Huntington National Bank boosted its position in Plexus by 41.5% during the 2nd quarter. Huntington National Bank now owns 324 shares of the technology company’s stock valued at $44,000 after purchasing an additional 95 shares during the period. CWM LLC boosted its holdings in shares of Plexus by 65.7% in the second quarter. CWM LLC now owns 537 shares of the technology company’s stock valued at $73,000 after acquiring an additional 213 shares in the last quarter. Banque Transatlantique SA bought a new position in Plexus during the first quarter valued at about $71,000. TD Private Client Wealth LLC grew its stake in shares of Plexus by 31.5% in the 2nd quarter. TD Private Client Wealth LLC now owns 676 shares of the technology company’s stock worth $91,000 after purchasing an additional 162 shares during the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new position in Plexus in the first quarter worth approximately $87,000. Institutional investors own 94.45% of the company’s stock.

Insider Transactions at Plexus

In other news, CEO Todd P. Kelsey sold 2,000 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $143.50, for a total transaction of $287,000.00. Following the completion of the sale, the chief executive officer owned 60,714 shares in the company, valued at $8,712,459. The trade was a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Patrick John Jermain sold 1,998 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $142.80, for a total transaction of $285,314.40. Following the transaction, the chief financial officer owned 18,961 shares in the company, valued at approximately $2,707,630.80. The trade was a 9.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 17,676 shares of company stock worth $2,450,935. Corporate insiders own 1.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on PLXS. Needham & Company LLC upped their price objective on shares of Plexus from $158.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Stifel Nicolaus set a $150.00 price target on Plexus in a research note on Friday, October 24th. Benchmark restated a “buy” rating and set a $165.00 target price on shares of Plexus in a report on Friday, October 24th. Wall Street Zen cut shares of Plexus from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Finally, Williams Trading set a $165.00 price objective on Plexus in a research report on Monday, September 22nd. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $159.00.

Plexus Price Performance

Shares of PLXS stock opened at $143.82 on Wednesday. The stock’s fifty day simple moving average is $142.90 and its 200 day simple moving average is $135.82. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.58 and a quick ratio of 0.77. Plexus Corp. has a one year low of $103.43 and a one year high of $172.89. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 22.97 and a beta of 0.80.

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

Plexus Company 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.