The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Plexus Corp shares valued at $190,935 were sold by Kelsey Todd P. on Apr 01 ’25. At $127.29 per share, Kelsey Todd P. sold 1,500 shares. The insider’s holdings dropped to 81,214 shares worth approximately $9.96 million following the completion of this transaction.
Also, Rapp Karen Marie sold 500 shares, netting a total of over 65,605 in proceeds. Following the sale of shares at $131.21 each, the insider now holds 9,865 shares.
Before that, Kelsey Todd P. had sold 1,500 shares from its account. In a trade valued at $199,380, the President & CEO traded Plexus Corp shares for $132.92 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $10.15 million.
Analysts at KeyBanc Capital Markets started covering the stock with ‘”a Sector weight”‘ outlook in a report released in late October. As of January 09, 2024, Sidoti has decreased its “Buy” rating to a “Neutral” for PLXS. Earlier on January 27, 2023, Sidoti upgraded its rating. Their new recommendation was “a Buy” for PLXS stock which previously was a “a Neutral”.
Analyzing PLXS Stock Performance
During the last five days, there has been a surge of approximately 2.92%. Over the course of the year, Plexus Corp shares have dropped approximately -21.61%. Shares of the company reached a 52-week high of $172.89 on 01/22/25 and a 52-week low of $103.43 on 04/07/25. A 50-day SMA is recorded $128.55, while a 200-day SMA reached $137.21.
Support And Resistance Levels for Plexus Corp (PLXS)
According to the 24-hour chart, there is a support level at 121.14, which, if violated, would cause prices to drop to 119.62. In the upper region, resistance lies at 123.75. The next price resistance is at 124.84. RSI (Relative Strength Index) is 47.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.63, which suggests the price will increase in the coming days. Percent R is at 28.43%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
