Plexus (NASDAQ:PLXS) CEO Sells $442,470.00 in Stock

Posted by on Jun 18th, 2026

Plexus Corp. (NASDAQ:PLXS – Get Free Report) CEO Todd Kelsey sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $294.98, for a total transaction of $442,470.00. Following the completion of the transaction, the chief executive officer directly owned 68,888 shares in the company, valued at $20,320,582.24. This represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Plexus Price Performance

PLXS stock traded up $5.95 during trading on Thursday, hitting $299.98. The stock had a trading volume of 423,439 shares, compared to its average volume of 335,841. Plexus Corp. has a twelve month low of $115.35 and a twelve month high of $304.90. The company’s 50-day moving average price is $258.73 and its two-hundred day moving average price is $208.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.54 and a quick ratio of 0.74. The stock has a market capitalization of $8.03 billion, a P/E ratio of 43.86 and a beta of 0.89.

Plexus (NASDAQ:PLXS – Get Free Report) last released its earnings results on Wednesday, April 29th. The technology company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.18. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.13 billion. Plexus had a return on equity of 12.84% and a net margin of 4.35%.The business’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.66 earnings per share. Plexus has set its Q3 2026 guidance at 2.020-2.180 EPS. As a group, research analysts predict that Plexus Corp. will post 5.98 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus set a $280.00 target price on shares of Plexus in a report on Tuesday, May 26th. Benchmark reissued a “buy” rating and issued a $220.00 price target on shares of Plexus in a research note on Monday, March 16th. Wall Street Zen raised shares of Plexus from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Needham & Company LLC increased their price objective on shares of Plexus from $285.00 to $310.00 and gave the company a “buy” rating in a report on Monday, June 1st. Finally, Zacks Research lowered shares of Plexus from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 20th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $238.33.

Get Our Latest Stock Report on PLXS

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Glenmede Trust Co. NA boosted its position in shares of Plexus by 14.3% during the 1st quarter. Glenmede Trust Co. NA now owns 2,329 shares of the technology company’s stock valued at $472,000 after acquiring an additional 292 shares during the last quarter. Bank of America Corp DE increased its position in Plexus by 0.3% during the first quarter. Bank of America Corp DE now owns 175,832 shares of the technology company’s stock worth $35,613,000 after purchasing an additional 573 shares during the last quarter. Intrinsic Edge Capital Management LLC acquired a new stake in Plexus during the first quarter worth about $4,253,000. Smith Group Asset Management LLC raised its stake in Plexus by 9.3% during the first quarter. Smith Group Asset Management LLC now owns 4,830 shares of the technology company’s stock worth $978,000 after purchasing an additional 409 shares during the period. Finally, Amundi raised its stake in Plexus by 143.0% during the first quarter. Amundi now owns 31,294 shares of the technology company’s stock worth $6,338,000 after purchasing an additional 18,418 shares during the period. Hedge funds and other institutional investors own 94.45% of the company’s stock.

About Plexus

(Get Free Report)

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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