Plexus (NASDAQ:PLXS) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Plexus Corp. (NASDAQ:PLXS)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $141.02 and traded as high as $157.42. Plexus shares last traded at $157.13, with a volume of 187,008 shares traded.

Wall Street Analyst Weigh In

PLXS has been the subject of several research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Plexus in a research note on Friday, October 24th. Sidoti lowered Plexus from a “buy” rating to a “neutral” rating and set a $150.00 target price on the stock. in a report on Friday, October 24th. Williams Trading set a $165.00 price target on Plexus in a research note on Monday, September 22nd. Needham & Company LLC boosted their price objective on shares of Plexus from $158.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Wall Street Zen cut shares of Plexus from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $159.00.

Plexus Stock Performance

The company has a market capitalization of $4.20 billion, a PE ratio of 25.10 and a beta of 0.81. The stock’s fifty day simple moving average is $147.54 and its 200-day simple moving average is $141.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.77 and a current ratio of 1.58.

Plexus (NASDAQ:PLXS) last announced its earnings results on Wednesday, October 22nd. The technology company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.30. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. Plexus had a net margin of 4.29% and a return on equity of 12.77%. Plexus’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business earned $1.85 earnings per share. Plexus has set its Q1 2026 guidance at 1.660-1.810 EPS. As a group, equities analysts predict that Plexus Corp. will post 5.9 earnings per share for the current year.

Insider Transactions at Plexus

In related news, CAO Angelo Michael Ninivaggi, Jr. sold 1,347 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $144.93, for a total transaction of $195,220.71. Following the transaction, the chief accounting officer directly owned 21,544 shares in the company, valued at approximately $3,122,371.92. This represents a 5.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Karen Marie Rapp sold 500 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $143.47, for a total transaction of $71,735.00. Following the transaction, the director directly owned 7,665 shares of the company’s stock, valued at approximately $1,099,697.55. This represents a 6.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 11,672 shares of company stock valued at $1,668,190. Corporate insiders own 1.78% of the company’s stock.

Institutional Trading of Plexus

A number of institutional investors have recently modified their holdings of PLXS. Vanguard Group Inc. boosted its position in shares of Plexus by 0.6% in the third quarter. Vanguard Group Inc. now owns 3,683,845 shares of the technology company’s stock worth $533,016,000 after buying an additional 22,374 shares during the period. American Century Companies Inc. boosted its holdings in Plexus by 44.2% in the 3rd quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company’s stock worth $159,722,000 after acquiring an additional 338,119 shares during the period. State Street Corp boosted its holdings in Plexus by 2.3% in the 2nd quarter. State Street Corp now owns 1,059,501 shares of the technology company’s stock worth $143,361,000 after acquiring an additional 24,115 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in Plexus by 4.0% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 915,296 shares of the technology company’s stock valued at $132,434,000 after acquiring an additional 35,237 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of Plexus by 1.5% during the third quarter. Northern Trust Corp now owns 340,964 shares of the technology company’s stock valued at $49,334,000 after purchasing an additional 4,929 shares during the period. Hedge funds and other institutional investors own 94.45% of the company’s stock.

Plexus Company Profile

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.