Plexus (NASDAQ:PLXS) EVP Angelo Michael Ninivaggi Jr Sells 3,270 Shares

Posted by Stanley Muller on May 11th, 2026

Plexus Corp. (NASDAQ:PLXS – Get Free Report) EVP Angelo Michael Ninivaggi, Jr. sold 3,270 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $264.75, for a total transaction of $865,732.50. Following the sale, the executive vice president owned 16,266 shares in the company, valued at $4,306,423.50. This represents a 16.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Plexus Trading Up 2.0%

Shares of PLXS stock traded up $5.22 during trading hours on Monday, reaching $271.77. 196,007 shares of the stock traded hands, compared to its average volume of 350,148. Plexus Corp. has a 1-year low of $115.35 and a 1-year high of $275.83. The business has a fifty day moving average price of $215.60 and a 200 day moving average price of $181.45. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $7.28 billion, a PE ratio of 39.73 and a beta of 0.88.

Plexus (NASDAQ:PLXS – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.18. Plexus had a net margin of 4.35% and a return on equity of 12.84%. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the previous year, the business earned $1.66 earnings per share. The firm’s revenue was up 18.7% compared to the same quarter last year. Plexus has set its Q3 2026 guidance at 2.020-2.180 EPS. On average, equities research analysts forecast that Plexus Corp. will post 6.23 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on PLXS. Stifel Nicolaus set a $250.00 price objective on shares of Plexus and gave the company a “buy” rating in a research note on Monday, April 20th. Williams Trading set a $195.00 price objective on shares of Plexus in a research note on Wednesday, January 28th. Weiss Ratings lowered shares of Plexus from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Needham & Company LLC upped their price objective on shares of Plexus from $206.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Plexus from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $229.17.

Get Our Latest Research Report on PLXS

Institutional Investors Weigh In On Plexus

A number of large investors have recently bought and sold shares of PLXS. American Century Companies Inc. boosted its holdings in Plexus by 44.2% in the third quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company’s stock worth $159,722,000 after purchasing an additional 338,119 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Plexus by 130.0% in the fourth quarter. Victory Capital Management Inc. now owns 349,057 shares of the technology company’s stock worth $51,311,000 after purchasing an additional 197,283 shares in the last quarter. Emerald Advisers LLC bought a new stake in Plexus in the first quarter worth $33,729,000. MetLife Investment Management LLC boosted its holdings in Plexus by 713.3% in the fourth quarter. MetLife Investment Management LLC now owns 126,971 shares of the technology company’s stock worth $18,665,000 after purchasing an additional 111,360 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust bought a new stake in Plexus in the first quarter worth $20,715,000. 94.45% of the stock is currently owned by institutional investors.

Plexus Company Profile

(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.