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Todd P. Kelsey, President and CEO of Plexus Corp (NASDAQ:PLXS), a $3.52 billion market cap company with a perfect Piotroski Score of 9 according to InvestingPro, sold 1,500 shares of the company’s common stock on August 1, 2025, at a price of $125.63, for a total transaction value of $188,445.
The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the transaction, Kelsey directly owns 72,214 shares of Plexus Corp, which currently trades at $130.53 and maintains a "GOOD" overall financial health rating.
The shares were sold pursuant to a Rule 10b5-1 plan adopted on August 16, 2024. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading near its fair value. Unlock 8 additional key insights and access the comprehensive Pro Research Report available for this stock.
In other recent news, Plexus reported its fiscal third-quarter 2025 earnings, with earnings per share (EPS) reaching $1.90, surpassing the consensus estimate of $1.71. The company achieved in-line sales of $1.018 billion, slightly missing the forecast of $1.02 billion. Despite this, the earnings beat was supported by lower interest expenses and a favorable tax adjustment. Plexus is on track to generate strong free cash flow in the fiscal fourth quarter, as noted by Needham, which maintained a Buy rating while lowering the stock’s price target to $158. Raymond (NSE:RYMD) James reiterated an Outperform rating with a price target of $165, highlighting Plexus’s disciplined approach to capital returns amid ongoing macroeconomic challenges. Meanwhile, Stifel adjusted its price target to $140, keeping a Hold rating due to the mixed outlook. These developments reflect a range of analyst perspectives on Plexus’s financial performance and future potential.
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