Plexus Corp. CEO Todd Kelsey Sells Shares Worth Over $442K

CEO Todd Kelsey sold 1,500 Plexus shares on June 17, 2026, in a planned transaction.

Written by EarningsIQ · Published Jun 19, 2026, 3:02 AM EDT · Updated Jun 20, 2026, 6:00 AM EDT

Key Points

Todd Kelsey, CEO of Plexus Corp., sold 1,500 shares on June 17, 2026, for $442,463.85.
Plexus trades near $294.03 with a market cap of $8.03 billion and a P/E ratio of 43.86.
Recent insider sales include transactions by other executives, reflecting strategic stock management.

Todd Kelsey, the President and CEO of Plexus Corp. (NasdaqGS: PLXS), sold 1,500 shares of the company on June 17, 2026. The shares were sold at an average price of $294.98, totaling $442,463.85. This transaction was part of a pre-arranged trading plan.

Insider Buying and Selling at Plexus Corp.

Alongside Todd Kelsey's recent sale, other insiders have also been active. On June 5, 2026, Michael Running, Regional President - AMER, sold 510 shares at $272.17 each, not under a pre-planned arrangement. Earlier, on June 3, 2026, Kelsey sold another 1,000 shares at $290, and on May 27, 2026, he sold 1,000 shares at $274.75. Karen Marie Rapp also executed a planned sale of 500 shares at $270 on June 1, 2026.

Other Institutional Activity in Plexus Corp.

Several institutional investors have adjusted their holdings in Plexus Corp. BlackRock, Inc. decreased its position by 45,324 shares, leaving it with 4,275,264 shares valued at approximately $865.9 million. Vanguard Portfolio Management LLC significantly increased its stake by acquiring 2,254,757 shares, now holding shares worth about $456.7 million. American Century Companies Inc. added 1,809 shares, bringing its total to 1,562,431 shares valued at $316.5 million. Meanwhile, Disciplined Growth Investors Inc. reduced its holdings by 96,221 shares, totaling 1,494,619 shares worth $302.7 million.

Plexus Corp. Stock Snapshot

Plexus Corp. shares recently traded around $294.03. The company has a market capitalization of $8.03 billion and a P/E ratio of 43.86. It operates with a beta of 0.899, indicating lower volatility compared to the broader market. The stock's 52-week range has been between $115.35 and $304.9, with the 50-day moving average at $261.42 and the 200-day moving average at $189.50.

Analysts Set New Price Targets

On June 1, 2026, Needham maintained its 'buy' rating on Plexus Corp. with a price target of $310. Earlier, on April 20, 2026, Stifel upgraded the stock to a 'buy' with a target of $250. The consensus among analysts is a 'buy' rating with an average target price of $280.75, based on four analyst opinions.

About Plexus Corp.

Plexus Corp. is a technology company that provides electronic manufacturing services globally, including design and supply chain solutions. Headquartered in Neenah, Wisconsin, and led by CEO Todd Kelsey, the company serves various sectors such as aerospace, healthcare, and industrial markets. Founded in 1979, Plexus employs around 20,000 people worldwide.

Bottom Line

Insider selling at Plexus Corp. is part of planned transactions, reflecting strategic stock management by executives. Investors keep a close eye on such activities to understand potential impacts on stock performance. Remember, insider transactions are reported after the fact and may not indicate future company performance.