Insider Selling Alert: Todd Kelsey Sells Shares of Plexus Corp (PLXS)

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Nov 22, 2024

On November 19, 2024, Todd Kelsey, President & CEO of Plexus Corp, sold 8,158 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 77,271 shares of Plexus Corp. Plexus Corp (PLXS, Financial) is a global leader in providing electronics manufacturing services. The company offers a range of services including design and development, supply chain solutions, new product introduction, and manufacturing. Plexus Corp serves various sectors such as healthcare, industrial, aerospace, and defense. 1859759569207717888.png Over the past year, Todd Kelsey has sold a total of 79,847 shares and has not purchased any shares. The insider transaction history for Plexus Corp indicates that there have been 0 insider buys and 51 insider sells over the same period. 1859759585703915520.png As of the date of the recent sale, shares of Plexus Corp were trading at $154.26, giving the stock a market cap of $4.324 billion. The company's price-earnings ratio stands at 39.81, which is higher than the industry median of 23.26 and also higher than the company’s historical median price-earnings ratio. The GF Value for Plexus Corp is estimated at $101.10, resulting in a price-to-GF-Value ratio of 1.53. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.