Plexus Corp’s filing revealed that its President & CEO Kelsey Todd P. unloaded Company’s shares for reported $0.23 million on Jan 02 ’25. In the deal valued at $156.39 per share,1,500 shares were sold. As a result of this transaction, Kelsey Todd P. now holds 74,271 shares worth roughly $12.43 million.
Then, Kelsey Todd P. sold 1,500 shares, generating $245,566 in total proceeds. Upon selling the shares at $163.71, the President & CEO now owns 75,771 shares.
Before that, Rapp Karen Marie sold 500 shares. Plexus Corp shares valued at $81,430 were divested by the Director at a price of $162.86 per share. As a result of the transaction, Rapp Karen Marie now holds 8,386 shares, worth roughly $1.4 million.
KeyBanc Capital Markets initiated its Plexus Corp [PLXS] rating to a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Sidoti also remained covering PLXS and has increased its forecast on January 27, 2023 with a “Buy” recommendation from previously “Neutral” rating. Sidoti revised its rating on January 17, 2023. It rated PLXS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PLXS
On Friday, Plexus Corp [NASDAQ:PLXS] saw its stock jump 1.47% to $167.36. Over the last five days, the stock has gained 3.82%. Plexus Corp shares have risen nearly 6.95% since the year began. Nevertheless, the stocks have risen 74.01% over the past one year. While a 52-week high of $170.07 was reached on 01/15/25, a 52-week low of $90.18 was recorded on 01/02/25. SMA at 50 days reached $161.85, while 200 days put it at $128.13.
Levels Of Support And Resistance For PLXS Stock
The 24-hour chart illustrates a support level at 166.08, which if violated will result in even more drops to 164.79. On the upside, there is a resistance level at 168.09. A further resistance level may holdings at 168.81. The Relative Strength Index (RSI) on the 14-day chart is 61.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.51, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.22%. Stochastics %K at 84.89% indicates the stock is a selling.
How much short interest is there in Plexus Corp?
A steep rise in short interest was recorded in Plexus Corp stocks on 2024-12-31, growing by 82387.0 shares to a total of 0.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.54 million shares. There was a rise of 13.3%, which implies that there is a positive sentiment for the stock.
