Patricia Gallup Sells 7,384 Shares of PC Connection (NASDAQ:CNXN) Stock

Posted by George Bondi on Jun 10th, 2026

PC Connection, Inc. (NASDAQ:CNXN – Get Free Report) Chairman Patricia Gallup sold 7,384 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $71.91, for a total value of $530,983.44. Following the completion of the sale, the chairman directly owned 7,027,747 shares of the company’s stock, valued at $505,365,286.77. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Patricia Gallup also recently made the following trade(s):

On Monday, June 8th, Patricia Gallup sold 6,924 shares of PC Connection stock. The stock was sold at an average price of $72.09, for a total value of $499,151.16.

PC Connection Stock Performance

CNXN traded up $0.83 during midday trading on Wednesday, reaching $74.11. 176,791 shares of the company were exchanged, compared to its average volume of 86,338. The company’s fifty day moving average price is $64.95 and its 200 day moving average price is $61.49. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 1.83 and a beta of 0.88. PC Connection, Inc. has a one year low of $54.97 and a one year high of $75.00.

PC Connection (NASDAQ:CNXN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.15. The firm had revenue of $721.87 million during the quarter, compared to analyst estimates 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 anticipate that PC Connection, Inc. will post 3.93 earnings per share for the current fiscal year.

PC Connection Dividend Announcement

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

Wall Street Analysts Forecast Growth

CNXN has been the topic of a number of recent research reports. Wall Street Zen raised PC Connection from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded PC Connection from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on CNXN

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CNXN. EverSource Wealth Advisors LLC increased its holdings in shares of PC Connection by 625.0% in the second quarter. EverSource Wealth Advisors LLC now owns 580 shares of the company’s stock worth $38,000 after purchasing an additional 500 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of PC Connection by 196.7% in the third quarter. PNC Financial Services Group Inc. now owns 629 shares of the company’s stock worth $39,000 after purchasing an additional 417 shares during the period. Parallel Advisors LLC increased its holdings in shares of PC Connection by 200.4% in the first quarter. Parallel Advisors LLC now owns 709 shares of the company’s stock worth $41,000 after purchasing an additional 473 shares during the period. Meeder Asset Management Inc. bought a new position in shares of PC Connection in the first quarter worth $44,000. Finally, Quarry LP bought a new position in shares of PC Connection in the third quarter worth $75,000. Institutional investors own 42.85% of the company’s stock.

PC Connection Company Profile

(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.