tiprankstipranks
Advertisement
Advertisement

Top Plexus Executive Executes Major Insider Stock Sale

Top Plexus Executive Executes Major Insider Stock Sale

New insider activity at Plexus ( (PLXS) ) has taken place on February 19, 2026.

Claim 55% Off TipRanks

Plexus Corp. has seen notable insider activity as Executive Vice President and Chief Operating Officer Oliver Mihm sold 11,767 shares of Plexus stock in a recent transaction, with the total sale amounting to $2,364,041.

Recent Updates on PLXS stock

Plexus shares saw positive sentiment after Q1 results and guidance highlighted accelerating revenue growth, strong EPS and record program wins, especially in Aerospace & Defense and Healthcare/Life Sciences. Analysts raised price targets mainly because revenue and earnings beat expectations, Q2 guidance and FY26 growth outlook were stronger than anticipated, and the opportunity funnel and demand momentum support sustained double‑digit growth despite near‑term cash and working-capital pressures.

Spark’s Take on PLXS Stock

According to Spark, TipRanks’ AI Analyst, PLXS is a Outperform.

PLXS scores well on improving operating performance and a strong, low-leverage balance sheet, supported by positive price momentum and an upbeat earnings outlook with raised/strong guidance signals and sizable program wins. The main offsets are premium valuation (P/E ~30.7) and cash-flow variability, including recent free-cash-flow decline and near-term working-capital/capex pressure.

To see Spark’s full report on PLXS stock, click here.

More about Plexus

YTD Price Performance: 34.16%

Average Trading Volume: 283,770

Technical Sentiment Signal: Buy

Current Market Cap: $5.25B

Disclaimer & DisclosureReport an Issue

1