PC Connection (NASDAQ:CNXN) Shares Gap Up – Should You Buy?

Posted by George Bondi on Aug 28th, 2026

Shares of PC Connection, Inc. (NASDAQ:CNXN – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $76.71, but opened at $79.87. PC Connection shares last traded at $79.6240, with a volume of 1,735 shares.

Analyst Ratings Changes

A number of equities analysts recently issued reports on CNXN shares. Zacks Research upgraded PC Connection from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Wall Street Zen upgraded shares of PC Connection from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings upgraded shares of PC Connection from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Strong Buy”.

Read Our Latest Analysis on CNXN

PC Connection Price Performance

The stock has a market cap of $2.03 billion, a PE ratio of 21.32, a price-to-earnings-growth ratio of 1.90 and a beta of 0.86. The business has a fifty day moving average of $78.23 and a 200-day moving average of $68.93.

PC Connection (NASDAQ:CNXN – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.31. PC Connection had a return on equity of 10.90% and a net margin of 3.21%.The business had revenue of $854.00 million during the quarter, compared to analyst estimates of $764.79 million. As a group, equities research analysts predict that PC Connection, Inc. will post 4.18 EPS for the current year.

PC Connection Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.80 annualized dividend and a dividend yield of 1.0%. PC Connection’s dividend payout ratio (DPR) is currently 21.16%.

Insider Buying and Selling at PC Connection

In related news, Chairman Patricia Gallup sold 7,142 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $78.64, for a total value of $561,646.88. Following the completion of the sale, the chairman directly owned 6,963,469 shares of the company’s stock, valued at $547,607,202.16. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 42,876 shares of company stock valued at $3,226,800 in the last ninety days. Insiders own 56.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its holdings 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 purchasing an additional 500 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in PC Connection by 196.7% during the third quarter. PNC Financial Services Group Inc. now owns 629 shares of the company’s stock valued at $39,000 after buying an additional 417 shares during the period. Parallel Advisors LLC increased its holdings in PC Connection by 200.4% during the first quarter. Parallel Advisors LLC now owns 709 shares of the company’s stock valued at $41,000 after buying an additional 473 shares during the period. Meeder Asset Management Inc. bought a new position in PC Connection in the first quarter worth approximately $44,000. Finally, Quarry LP bought a new position in PC Connection in the third quarter worth approximately $75,000. Hedge funds and other institutional investors own 42.85% of the company’s stock.

About PC Connection

(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.