The Exec VP & Chief Operating Off. of Plexus Corp (NASDAQ: PLXS) is Selling Shares

By Carrie Williams

Yesterday, the Exec VP & Chief Operating Off. of Plexus Corp (PLXSResearch Report), Steven Frisch, sold shares of PLXS for $242.8K.

In addition to Steven Frisch, 13 other PLXS executives reported Sell trades in the last month.

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Based on Plexus Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $800 million and quarterly net profit of $24.8 million. In comparison, last year the company earned revenue of $726 million and had a net profit of $26.5 million. The company has a one-year high of $66.98 and a one-year low of $47.63. PLXS’s market cap is $1.64B and the company has a P/E ratio of 12.46.

In the last 30 days, insiders have sold $1.66M worth of PLXS shares and purchased $529.8K worth of PLXS shares. The insider sentiment on Plexus Corp has been negative according to 84 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Plexus Corp. engages in the provision of electronic manufacturing services. The firm partners with companies to transform concepts into branded products and deliver them to the market. It has partnerships with customers in the healthcare and life sciences; industrial and commercial; communications; and aerospace and defense market sectors.