Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PC Connection, Inc shares valued at $711,980 were sold by MCGRATH TIMOTHY J on May 30 ’25. At $65.14 per share, MCGRATH TIMOTHY J sold 10,930 shares. The insider’s holdings dropped to 249,457 shares worth approximately $16.09 million following the completion of this transaction.
Also, Ferguson Jack L sold 1,000 shares, netting a total of over 66,320 in proceeds. Following the sale of shares at $66.32 each, the insider now holds 66,055 shares.
Before that, MCGRATH TIMOTHY J had sold 26,565 shares from its account. In a trade valued at $1,774,542, the President & CEO traded PC Connection, Inc shares for $66.80 each. Upon closing the transaction, the insider’s holdings decreased to 26,565 shares, worth approximately $17.15 million.
As published in a research note from Sidoti on January 24, 2022, PC Connection, Inc [CNXN] has been rated up from a Neutral to a Buy and the price target has been revised to $55. Analysts at Sidoti upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of February 15, 2019, Sidoti has decreased its “Buy” rating to a “Neutral” for CNXN. Earlier on July 16, 2018, Sidoti downgraded its rating. Their new recommendation was “a Neutral” for CNXN stock which previously was a “a Buy”.
Analyzing CNXN Stock Performance
On last trading session,, PC Connection, Inc [NASDAQ: CNXN] rose 1.00% to $64.50. The stock’s lowest price that day was $64.06, but it reached a high of $65.005 in the same session. During the last five days, there has been a drop of approximately -0.95%. Over the course of the year, PC Connection, Inc shares have dropped approximately -6.89%. Shares of the company reached a 52-week high of $74.84 on 01/31/25 and a 52-week low of $56.82 on 04/07/25.
Support And Resistance Levels for PC Connection, Inc (CNXN)
According to the 24-hour chart, there is a support level at 64.04, which, if violated, would cause prices to drop to 63.58. In the upper region, resistance lies at 64.98. The next price resistance is at 65.47. RSI (Relative Strength Index) is 46.35 on the 14-day chart, showing neutral technical sentiment.
Is PC Connection, Inc subject to short interest?
Stocks of PC Connection, Inc saw a sharp rise in short interest on 2025-05-30 jumping by 65774.0 shares to 0.4 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.34 million shares. A jump of 16.29% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.47 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.47.