Plexus (NASDAQ:PLXS) Chairman Sells $1,024,450.00 in Stock

Plexus Corp. (NASDAQ:PLXS) Chairman Dean Foate sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $204.89, for a total transaction of $1,024,450.00. Following the completion of the sale, the chairman directly owned 15,000 shares of the company’s stock, valued at $3,073,350. This represents a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Plexus Price Performance

Shares of NASDAQ:PLXS opened at $206.22 on Friday. The company has a market capitalization of $5.52 billion, a P/E ratio of 32.07 and a beta of 0.81. Plexus Corp. has a 1-year low of $103.43 and a 1-year high of $208.92. The firm’s 50 day simple moving average is $165.98 and its two-hundred day simple moving average is $148.17. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.59 and a quick ratio of 0.75.

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

Analysts Set New Price Targets

Several research firms recently issued reports on PLXS. Stifel Nicolaus increased their target price on Plexus from $150.00 to $200.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Plexus in a research report on Thursday, January 22nd. Wall Street Zen downgraded shares of Plexus from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Needham & Company LLC raised 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, Sidoti downgraded shares of Plexus from a “buy” rating to a “neutral” rating and set a $150.00 price target on the stock. in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $189.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PLXS. American Century Companies Inc. raised its stake in Plexus by 44.2% during the third quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company’s stock valued at $159,722,000 after purchasing an additional 338,119 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Plexus in the 3rd quarter worth about $12,509,000. Arrowstreet Capital Limited Partnership raised its position in shares of Plexus by 965.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 80,890 shares of the technology company’s stock valued at $11,704,000 after buying an additional 73,295 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of Plexus by 37.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 242,726 shares of the technology company’s stock valued at $32,843,000 after acquiring an additional 65,644 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Plexus by 53.6% in the second quarter. Bank of America Corp DE now owns 177,237 shares of the technology company’s stock worth $23,982,000 after acquiring an additional 61,817 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting 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.