PC Connection (NASDAQ:CNXN) Chairman Patricia Gallup Sells 6,924 Shares

Posted by Francis Steltz on Jun 11th, 2026

PC Connection, Inc. (NASDAQ:CNXN – Get Free Report) Chairman Patricia Gallup sold 6,924 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $72.09, for a total transaction of $499,151.16. Following the completion of the sale, the chairman directly owned 7,035,131 shares of the company’s stock, valued at $507,162,593.79. The trade was a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

On Tuesday, June 9th, Patricia Gallup sold 7,384 shares of PC Connection stock. The shares were sold at an average price of $71.91, for a total transaction of $530,983.44.

PC Connection Stock Up 1.1%

PC Connection stock opened at $74.11 on Thursday. The stock has a market capitalization of $1.87 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 1.87 and a beta of 0.88. PC Connection, Inc. has a twelve month low of $54.97 and a twelve month high of $75.00. The company has a 50 day moving average of $65.29 and a 200-day moving average of $61.61.

PC Connection (NASDAQ:CNXN – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.15. The company had revenue of $721.87 million during the quarter, compared to analysts’ expectations of $696.09 million. PC Connection had a net margin of 3.02% and a return on equity of 10.17%. Equities analysts anticipate that PC Connection, Inc. will post 3.93 EPS for the current fiscal year.

PC Connection Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 12th were issued a $0.20 dividend. 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 dividend payout ratio is 23.26%.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings upgraded shares of PC Connection from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wall Street Zen upgraded shares of PC Connection from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, PC Connection has a consensus rating of “Moderate Buy”.

Get Our Latest Analysis on PC Connection

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in PC Connection by 625.0% during the second quarter. EverSource Wealth Advisors LLC now owns 580 shares of the company’s stock worth $38,000 after acquiring an additional 500 shares in the last quarter. PNC Financial Services Group Inc. raised its position in PC Connection by 196.7% during the third quarter. PNC Financial Services Group Inc. now owns 629 shares of the company’s stock worth $39,000 after acquiring an additional 417 shares in the last quarter. Parallel Advisors LLC raised its position in PC Connection by 200.4% during the first quarter. Parallel Advisors LLC now owns 709 shares of the company’s stock worth $41,000 after acquiring an additional 473 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in PC Connection during the first quarter worth $44,000. Finally, Quarry LP bought a new position in shares of PC Connection in the third quarter valued at about $75,000. Institutional investors and hedge funds 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.