Insider Selling: Plexus (NASDAQ:PLXS) CAO Sells $873,767.18 in Stock

Plexus Corp. (NASDAQ:PLXS) CAO Angelo Michael Ninivaggi, Jr. sold 4,303 shares of Plexus stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $203.06, for a total value of $873,767.18. Following the sale, the chief accounting officer directly owned 20,099 shares in the company, valued at approximately $4,081,302.94. This trade represents a 17.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Plexus Stock Performance

Shares of PLXS opened at $206.22 on Monday. Plexus Corp. has a 52-week low of $103.43 and a 52-week high of $208.92. The firm has a market capitalization of $5.52 billion, a PE ratio of 32.07 and a beta of 0.81. The firm has a 50-day moving average price of $165.98 and a 200 day moving average price of $148.37. The company has a quick ratio of 0.75, a current ratio of 1.59 and a debt-to-equity ratio of 0.06.

Plexus (NASDAQ:PLXS) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.01. Plexus had a return on equity of 12.39% and a net margin of 4.28%.The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company posted $1.73 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. On average, sell-side analysts anticipate that Plexus Corp. will post 5.9 earnings per share for the current fiscal year.

Institutional Trading of Plexus

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PLXS. EverSource Wealth Advisors LLC raised its holdings in Plexus by 19.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,019 shares of the technology company’s stock worth $150,000 after purchasing an additional 168 shares during the last quarter. Covestor Ltd grew its position in shares of Plexus by 207.7% during the 4th quarter. Covestor Ltd now owns 240 shares of the technology company’s stock worth $35,000 after buying an additional 162 shares during the period. GSA Capital Partners LLP raised its stake in shares of Plexus by 159.6% during the fourth quarter. GSA Capital Partners LLP now owns 14,638 shares of the technology company’s stock worth $2,152,000 after buying an additional 8,999 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Plexus by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 5,228 shares of the technology company’s stock worth $769,000 after buying an additional 161 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in Plexus by 96.8% in the fourth quarter. TD Private Client Wealth LLC now owns 748 shares of the technology company’s stock valued at $110,000 after buying an additional 368 shares during the period. 94.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Stifel Nicolaus lifted their target price on Plexus from $150.00 to $200.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Sidoti cut shares of Plexus from a “buy” rating to a “neutral” rating and set a $150.00 price target for the company. in a report on Friday, October 24th. Williams Trading set a $195.00 price objective on shares of Plexus in a research report on Wednesday, January 28th. Needham & Company LLC upped their target price on shares of Plexus from $165.00 to $206.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Finally, Benchmark boosted their price target on shares of Plexus from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Plexus has a consensus rating of “Moderate Buy” and a consensus price target of $189.20.

Trending Headlines about Plexus

Here are the key news stories impacting Plexus this week:

• Positive Sentiment: Analysts raised price targets and reiterated constructive coverage (Benchmark, Needham, Williams Trading among others), which supports upside momentum and investor confidence. Read More.
• Positive Sentiment: Major institutional holders increased positions (e.g., MFS, Wedge Capital), indicating continued institutional demand beneath the surface. Read More.
• Positive Sentiment: Recent media/analyst pieces highlight Plexus as a top momentum and growth stock for the long term, reinforcing a bullish narrative for growth investors. Read More.
• Neutral Sentiment: Q4 results showed a very slight EPS beat ($1.78 vs. $1.77 est.) and revenue roughly in line; management set Q2 FY2026 guidance of $1.80–$1.95 EPS — solid but not a clear accelerating catalyst. Read More.
• Negative Sentiment: Cluster of insider sales by senior executives: CFO Patrick J. Jermain sold shares on Feb 4 (3,587 shares reported), CAO Angelo Ninivaggi Jr. sold 4,303 shares on Feb 5, and Chairman Dean Foate sold 5,000 shares on Feb 2 — combined sales may prompt profit‑taking or signal executives monetizing near recent highs. Read More. Read More. Read More.
• Negative Sentiment: Other executive sales (including prior CEO sales reported early Feb) add to the appearance of management realizing gains after a sharp run-up, which can weigh on sentiment if sustained. Read More.

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.