GSA Capital Partners LLP Has $2.15 Million Holdings in Plexus Corp. $PLXS

GSA Capital Partners LLP increased its position in shares of Plexus Corp. (NASDAQ:PLXS) by 159.6% during the fourth quarter, Holdings Channel reports. The fund owned 14,638 shares of the technology company’s stock after acquiring an additional 8,999 shares during the quarter. GSA Capital Partners LLP’s holdings in Plexus were worth $2,152,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. ProShare Advisors LLC raised its holdings 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 valued at $769,000 after acquiring an additional 161 shares during the period. TD Private Client Wealth LLC increased its stake in Plexus by 96.8% in the 4th 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. Allworth Financial LP increased its stake in Plexus by 20.8% in the 4th quarter. Allworth Financial LP now owns 302 shares of the technology company’s stock valued at $44,000 after buying an additional 52 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Plexus by 1.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,175 shares of the technology company’s stock valued at $908,000 after buying an additional 71 shares during the period. Finally, Argos Wealth Advisors LLC acquired a new position in Plexus in the 4th quarter valued at approximately $840,000. Institutional investors and hedge funds own 94.45% of the company’s stock.

Plexus Stock Performance

PLXS stock opened at $258.87 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $6.93 billion, a price-to-earnings ratio of 37.85 and a beta of 0.88. Plexus Corp. has a 12 month low of $115.35 and a 12 month high of $275.83. The firm has a 50 day moving average of $224.97 and a two-hundred day moving average of $187.20.

Plexus (NASDAQ:PLXS) last posted its earnings results on Wednesday, April 29th. The technology company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.87 by $0.18. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.13 billion. Plexus had a net margin of 4.35% and a return on equity of 12.84%. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 earnings per share. Plexus has set its Q3 2026 guidance at 2.020-2.180 EPS. As a group, equities analysts anticipate that Plexus Corp. will post 5.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PLXS. Williams Trading set a $195.00 price objective on shares of Plexus in a research note on Wednesday, January 28th. Wall Street Zen upgraded shares of Plexus from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Raymond James Financial reiterated an “outperform” rating and issued a $275.00 price objective on shares of Plexus in a research note on Thursday, April 30th. Needham & Company LLC upped their price objective on shares of Plexus from $206.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Benchmark reiterated a “buy” rating and issued a $220.00 price objective on shares of Plexus in a research note on Monday, March 16th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Plexus presently has an average rating of “Moderate Buy” and a consensus target price of $229.17.

Insider Buying and Selling at Plexus

In other Plexus news, EVP Angelo Michael Ninivaggi, Jr. sold 3,270 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $264.75, for a total value of $865,732.50. Following the completion of the sale, the executive vice president directly owned 16,266 shares of the company’s stock, valued at $4,306,423.50. The trade was a 16.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Victor (Pang Hau) Tan sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $271.23, for a total transaction of $813,690.00. Following the completion of the sale, the insider directly owned 10,457 shares of the company’s stock, valued at $2,836,252.11. This represents a 22.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 33,243 shares of company stock valued at $7,664,974. 1.78% of the stock is currently owned by insiders.

Plexus 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.