New insider activity at Plexus ( (PLXS) ) has taken place on February 6, 2026.
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Plexus has seen notable insider activity, with two top executives recently cashing out significant stakes. Exec VP, CAO, General Counsel & Secretary Angelo Michael Ninivaggi sold 4,303 shares of Plexus stock in a transaction totaling $873,767. Meanwhile, EVP & CFO Patrick John Jermain disposed of 3,587 shares, generating proceeds of $732,070. These insider sales highlight substantial profit-taking at the uppermost levels of Plexus’s leadership team.
Recent Updates on PLXS stock
Over the last day, Plexus drew positive attention from analysts following stronger-than-expected quarterly results and a notably upbeat outlook. Benchmark raised its price target after Plexus delivered Q1 earnings and guidance that topped expectations, emphasizing particularly strong Q2 guidance and management’s more optimistic tone on demand momentum through fiscal 2026 and beyond. The firm highlighted that robust revenue growth, solid margins, and an expanding pipeline of high-value program wins—especially in Healthcare/Life Sciences and Aerospace & Defense—support confidence in sustained double-digit growth. Stifel also lifted its target, pointing to management’s updated view that fiscal 2026 revenue can meet or exceed the high end of its long-term 9%–12% growth goal. This higher growth trajectory is underpinned by record Aerospace & Defense wins, a large qualified opportunity funnel, and accelerating near-term guidance, even as Plexus temporarily sacrifices cash flow through higher working capital and capex to support anticipated ramps. Together, these developments suggest recent price strength in PLXS has been driven by better-than-expected earnings execution, upgraded revenue and EPS outlooks, and growing conviction that current investments will translate into a larger, more profitable business by fiscal 2026, despite acknowledged industrial-sector softness and near-term cash and supply-chain headwinds.
Spark’s Take on PLXS Stock
According to Spark, TipRanks’ AI Analyst, PLXS is a Outperform.
The score is driven by strong technical momentum and a solid fundamental base (notably conservative leverage and improving profitability), reinforced by upbeat guidance and program-win momentum from the earnings call. These positives are tempered by premium valuation and near-term cash flow/working-capital pressure alongside thin gross margins.
To see Spark’s full report on PLXS stock, click here.
More about Plexus
YTD Price Performance: 36.78%
Average Trading Volume: 249,636
Technical Sentiment Signal: Buy
Current Market Cap: $5.25B