PC Connection (NASDAQ:CNXN) Sets New 1-Year High – Here’s What Happened

Posted by Brian Himes on Jul 17th, 2026

PC Connection, Inc. (NASDAQ:CNXN – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $79.21 and last traded at $77.59, with a volume of 99470 shares traded. The stock had previously closed at $78.49.

Analyst Ratings Changes

Several research firms recently issued reports on CNXN. Weiss Ratings raised shares of PC Connection from a “hold (c+)” rating to a “buy (b-)” rating in a research 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 analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on PC Connection

PC Connection Stock Performance

The firm has a market capitalization of $1.98 billion, a P/E ratio of 22.77, a PEG ratio of 1.94 and a beta of 0.88. The firm has a 50 day simple moving average of $70.56 and a two-hundred day simple moving average of $64.17.

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

PC Connection Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 12th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, May 12th. PC Connection’s dividend payout ratio is presently 23.26%.

Insider Activity at PC Connection

In other news, Chairman Patricia Gallup sold 7,384 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $71.91, for a total value of $530,983.44. Following the transaction, the chairman owned 7,027,747 shares in the company, valued at $505,365,286.77. The trade was a 0.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have sold 28,592 shares of company stock worth $2,048,512. 56.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Qube Research & Technologies Ltd grew its stake in PC Connection by 71.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 165,573 shares of the company’s stock valued at $10,264,000 after purchasing an additional 68,906 shares during the period. UBS Group AG increased its holdings in PC Connection by 189.9% in the 4th quarter. UBS Group AG now owns 89,814 shares of the company’s stock worth $5,188,000 after acquiring an additional 58,831 shares during the last quarter. Millennium Management LLC increased its stake in shares of PC Connection by 98.8% in the first quarter. Millennium Management LLC now owns 115,237 shares of the company’s stock worth $7,193,000 after purchasing an additional 57,257 shares in the last quarter. Invesco Ltd. grew its stake in PC Connection by 22.1% in the 4th quarter. Invesco Ltd. now owns 219,220 shares of the company’s stock valued at $12,662,000 after buying an additional 39,716 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new stake in PC Connection during the 2nd quarter valued at $2,585,000. Hedge funds and other 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.