On November 11, 2024, Director J Quadracci sold 2,450 shares of Plexus Corp (PLXS, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 4,129 shares of the company.
Plexus Corp specializes in providing design and manufacturing services within the electronics manufacturing services (EMS) industry. The company offers product development, manufacturing, supply chain solutions, and aftermarket services to companies in the healthcare/life sciences, industrial/commercial, communications, and aerospace/defense sectors.
According to the transaction details, the shares were sold at a price of $163.08 each. This sale is part of a broader trend observed over the past year, where there have been 50 insider sells and no insider buys. The insider's activities over the past year include a total of 2,450 shares sold and no shares purchased.
The current market cap of Plexus Corp is approximately $4.24 billion. The stock's price-earnings ratio stands at 38.87, which is above both the industry median of 24.13 and the company’s historical median.
Based on the GF Value, which is calculated at $101.66, the price-to-GF-Value ratio is 1.6, indicating that Plexus Corp is significantly overvalued. The GF Value is derived from historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including its price-sales ratio, price-book ratio, and price-to-free cash flow.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
