Making a noteworthy insider sell on May 6, Todd P Kelsey, CEO at Plexus (NASDAQ:PLXS), is reported in the latest SEC filing.
What Happened: After conducting a thorough analysis, Kelsey sold 1,000 shares of Plexus. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total transaction value is $103,500.
As of Tuesday morning, Plexus shares are down by 0.0%, currently priced at $105.99.
Get to Know Plexus BetterPlexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
Unraveling the Financial Story of PlexusNegative Revenue Trend: Examining Plexus's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -9.71% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Evaluating Earnings Performance:
Gross Margin: The company shows a ...
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