PC Connection (NASDAQ:CNXN) Reaches New 1-Year High – Should You Buy?

Posted by on Jun 8th, 2026

Shares of PC Connection, Inc. (NASDAQ:CNXN – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $74.11 and last traded at $72.6820, with a volume of 1790 shares. The stock had previously closed at $72.15.

Wall Street Analyst Weigh In

CNXN has been the subject of a number of research reports. Wall Street Zen raised shares of PC Connection from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings upgraded shares of PC Connection from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Report on CNXN

PC Connection Stock Up 0.1%

The business has a 50-day moving average price of $64.36 and a 200-day moving average price of $61.26. The firm has a market capitalization of $1.82 billion, a P/E ratio of 20.99, a PEG ratio of 1.84 and a beta of 0.88.

PC Connection (NASDAQ:CNXN – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.62 by $0.15. The firm had revenue of $721.87 million during the quarter, compared to analysts’ expectations of $696.09 million. PC Connection had a return on equity of 10.17% and a net margin of 3.02%. As a group, sell-side analysts forecast that PC Connection, Inc. will post 3.93 EPS for the current year.

PC Connection Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 12th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, May 12th. PC Connection’s payout ratio is 23.26%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Qube Research & Technologies Ltd lifted its position in shares of PC Connection by 71.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 165,573 shares of the company’s stock worth $10,264,000 after buying an additional 68,906 shares during the period. UBS Group AG grew its position in PC Connection by 189.9% in the fourth quarter. UBS Group AG now owns 89,814 shares of the company’s stock valued at $5,188,000 after acquiring an additional 58,831 shares during the period. Millennium Management LLC grew its position in PC Connection by 98.8% in the first quarter. Millennium Management LLC now owns 115,237 shares of the company’s stock valued at $7,193,000 after acquiring an additional 57,257 shares during the period. Invesco Ltd. raised its stake in PC Connection by 22.1% during the fourth quarter. Invesco Ltd. now owns 219,220 shares of the company’s stock worth $12,662,000 after acquiring an additional 39,716 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new position in PC Connection during the second quarter worth $2,585,000. Institutional investors and hedge funds own 42.85% of the company’s stock.

About PC Connection

(Get Free Report)

PC Connection, Inc (NASDAQ: CNXN), now operating under the trade name Connection, is a value-added provider of information technology solutions founded in 1982 and headquartered in Merrimack, New Hampshire. The company offers a broad portfolio of hardware and software products sourced from leading technology vendors, alongside professional services designed to help organizations design, deploy and maintain IT environments.

Connection’s product offerings encompass desktop and notebook computers, servers and storage systems, networking and cybersecurity solutions, as well as cloud and virtualization technologies.

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