Insider Selling: PC Connection (NASDAQ:CNXN) Chairman Sells $563,932.32 in Stock

Posted by Stanley Muller on Sep 6th, 2026

PC Connection, Inc. (NASDAQ:CNXN – Get Free Report) Chairman Patricia Gallup sold 7,142 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $78.96, for a total transaction of $563,932.32. Following the transaction, the chairman directly owned 6,949,185 shares in the company, valued at approximately $548,707,647.60. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

On Monday, August 17th, Patricia Gallup sold 7,142 shares of PC Connection stock. The stock was sold at an average price of $78.64, for a total transaction of $561,646.88.
On Tuesday, August 4th, Patricia Gallup sold 7,142 shares of PC Connection stock. The stock was sold at an average price of $86.34, for a total transaction of $616,640.28.
On Monday, July 6th, Patricia Gallup sold 7,142 shares of PC Connection stock. The shares were sold at an average price of $72.86, for a total value of $520,366.12.
On Tuesday, June 23rd, Patricia Gallup sold 7,142 shares of PC Connection stock. The stock was sold at an average price of $69.73, for a total value of $498,011.66.
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 value of $530,983.44.
On Monday, June 8th, Patricia Gallup sold 6,924 shares of PC Connection stock. The shares were sold at an average price of $72.09, for a total value of $499,151.16.

PC Connection Stock Performance

CNXN opened at $84.35 on Friday. PC Connection, Inc. has a 52-week low of $54.97 and a 52-week high of $88.31. The firm has a market cap of $2.13 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 2.02 and a beta of 0.85. The business’s fifty day moving average is $79.54 and its 200-day moving average is $69.59.

PC Connection (NASDAQ:CNXN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.31. PC Connection had a net margin of 3.21% and a return on equity of 10.90%. The firm had revenue of $854.00 million for the quarter, compared to the consensus estimate of $764.79 million. On average, research analysts predict that PC Connection, Inc. will post 4.18 earnings per share for the current fiscal year.

PC Connection Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 11th were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, August 11th. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. PC Connection’s dividend payout ratio (DPR) is currently 21.16%.

Analysts Set New Price Targets

Several research analysts have commented on CNXN shares. Zacks Research upgraded shares of PC Connection from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded PC Connection from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Read Our Latest Research Report on CNXN

Institutional Trading of PC Connection

A number of hedge funds and other institutional investors have recently modified their holdings of CNXN. EverSource Wealth Advisors LLC lifted its stake in shares of PC Connection by 625.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 580 shares of the company’s stock valued at $38,000 after acquiring an additional 500 shares during the last quarter. PNC Financial Services Group Inc. grew its position in PC Connection by 196.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 629 shares of the company’s stock worth $39,000 after acquiring an additional 417 shares during the last quarter. Parallel Advisors LLC increased its holdings in PC Connection by 200.4% in the 1st quarter. Parallel Advisors LLC now owns 709 shares of the company’s stock worth $41,000 after purchasing an additional 473 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in PC Connection in the 1st quarter worth about $44,000. Finally, Quarry LP bought a new position in PC Connection in the third quarter valued at about $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.