Connection Awarded NASA SEWP VI Government-Wide Acquisition Contract
Connection (NASDAQ: CNXN), through its GovConnection subsidiary, has been awarded a NASA SEWP VI Category A Government-Wide Acquisition Contract. This award allows Connection to continue providing IT products and related services to federal agencies, a role it has held through previous SEWP contracts for over two decades. The SEWP VI contract aims to simplify and efficiently address federal agencies' IT needs, expanding Connection's ability to offer comprehensive technology solutions.
CNXN Looks 11.3% Overvalued on GF Value™
PC Connection Inc (CNXN) has secured a significant contract through NASA's SEWP VI program, expanding its presence in government IT procurement. Despite this, GuruFocus' GF Value™ indicates the stock is currently 11.3% overvalued at $79.83, compared to its intrinsic value of $71.75. The company has a strong GF Score™ of 74/100, driven by excellent financial strength and momentum, although growth is lagging and insider selling has been observed.
PC Connection, Inc. $CNXN Shares Acquired by Denali Advisors LLC
Denali Advisors LLC increased its stake in PC Connection, Inc. (CNXN) by 19.1% in Q2, bringing its total holdings to 99,200 shares valued at $7.24 million. Other institutional investors have also adjusted their positions, and insider activity shows a recent sale by Chairman Patricia Gallup. Analysts have a "Strong Buy" consensus rating for CNXN, which recently reported strong quarterly earnings and declared a quarterly dividend.
Insider Selling: PC Connection (NASDAQ:CNXN) Chairman Sells 7,142 Shares
PC Connection's Chairman, Patricia Gallup, sold 7,142 shares of the company's stock for $561,646.88 on August 17th, reducing her ownership by 0.10%. This is one of several sales she has made since June. Despite these sales, PC Connection reported strong Q2 earnings, beating analyst estimates, and maintains a "Strong Buy" consensus rating from analysts.
PC Connection Chairman Patricia Gallup Executes 14,284 Share Sales Under 10b5-1 Plan
Patricia Gallup, Chairman and Chief Administrative Officer of PC Connection, Inc., sold a total of 14,284 shares of PC Connection common stock on August 17 and 18, 2026. These sales were conducted through a pre-established Rule 10b5-1 trading plan by the David Hall Trust 2003, where Gallup is the sole trustee and beneficiary. Following these transactions, the David Hall Trust 2003 indirectly holds 6,963,469 shares for Gallup, who also maintains direct ownership of 533,258 shares and indirect ownership through several other trusts.
PC Connection (NASDAQ: CNXN) chair’s trust offloads 14,284 shares
PC Connection's Chairman & Chief Admin Officer, Patricia Gallup, through the David Hall Trust 2003, reported indirect sales of 14,284 shares of common stock on August 17-18, 2026. The sales were executed in multiple open-market transactions at weighted average prices ranging from high-$70s to low-$80s per share, under a Rule 10b5-1 trading plan. Following these transactions, Gallup retains significant direct and indirect holdings in CNXN.
HPE Gives Connection Its Top Partner Tier, With Closer Support
Connection (NASDAQ: CNXN) has achieved HPE Triple Platinum Plus status, the highest tier in the HPE Partner Ready Vantage Program. This recognition highlights Connection's strong performance and commitment to HPE solutions across various markets, including hybrid cloud, compute, and networking. The elevated status grants Connection enhanced offerings and closer collaboration with HPE, enabling them to provide greater value and accelerate digital transformation for their customers.
PC Connection (CNXN) Stock Looks Fairly Valued Despite Its 85% Five Year Return
PC Connection (CNXN) has seen an 84.6% return over the past five years, but its current stock valuation appears to be fairly aligned with its fundamentals, rather than being clearly cheap or expensive. The company trades at a P/E ratio of 21.4x, which is below the industry average and close to its estimated fair P/E of 20.7x, suggesting it is not significantly over or undervalued. Future performance will depend on its ability to maintain growth and margin stability without relying on further multiple expansion.
McGrath Sells 50,000 Shares of PC Connection
Timothy J. McGrath, CEO of PC Connection (CNXN), sold 50,000 shares for approximately $4.3 million on August 3 and 4, 2026. This sale occurred amid strong financial performance, with Q2 2026 net sales up 12.4% and net income up 33.8%, and the stock outperforming the S&P 500 significantly this year. Despite the sale, McGrath retains a substantial holding, indicating continued confidence in the company's future growth, particularly in AI infrastructure solutions.
Sei Investments Co. Acquires 16,441 Shares of PC Connection, Inc. $CNXN
Sei Investments Co. significantly increased its stake in PC Connection, Inc. by acquiring an additional 16,441 shares, bringing its total holdings to 27,384 shares valued at $1.6 million. This comes as PC Connection reported strong quarterly earnings, beating analyst estimates for both EPS and revenue. The company also declared a quarterly dividend of $0.20 per share, contributing to an average "Strong Buy" rating from analysts, despite recent insider share sales totaling $2.7 million.
Record AI-Driven Quarter and Dividend Hike Might Change The Case For Investing In PC Connection (CNXN)
PC Connection (CNXN) recently reported a record second quarter, driven by strong demand for enterprise AI solutions and technology modernization, including Windows 11 migrations. The company announced US$854 million in sales and US$33.17 million in net income, along with a US$0.20 quarterly dividend. These results reinforce the company's investment narrative as an IT solutions partner for AI workloads, despite existing risks such as richer valuation multiples and insider selling.
Will Record AI Backlog, Higher EPS and Dividend Shift PC Connection's (CNXN) Investment Narrative?
PC Connection (CNXN) recently reported strong second-quarter 2026 results with increased sales, net income, and EPS, along with a declared quarterly dividend. The company highlighted a record backlog driven by enterprise AI projects and modernization initiatives, supporting its near-term growth narrative. Despite positive performance, the article notes execution risks due to richer earnings multiples, insider selling, rising CEO pay, and modest long-term growth expectations.
PC Connection (CNXN) is a Great Momentum Stock: Should You Buy?
PC Connection (CNXN) has been identified as a strong momentum stock with a Zacks Rank of #1 (Strong Buy) and a Momentum Style Score of B. The article highlights its recent price performance, outperforming both its industry and the S&P 500, and positive earnings estimate revisions as key factors contributing to its strong outlook. Investors looking for a high-potential pick in the near term are encouraged to consider CNXN.
Record AI-Driven Quarter and Dividend Hike Might Change The Case For Investing In PC Connection (CNXN)
PC Connection (CNXN) reported record second-quarter sales of US$854 million and net income of US$33.17 million, driven by strong demand for enterprise AI solutions and technology modernization. The company also declared a US$0.20 quarterly dividend. These results reinforce the company's investment narrative as an IT solutions partner, though investors should consider valuation multiples, insider activity, and potential cooling in AI demand.
Record AI-Driven Quarter and Dividend Hike Might Change The Case For Investing In PC Connection (CNXN)
PC Connection (CNXN) reported a record second quarter driven by strong demand for enterprise AI solutions and technology modernization, including Windows 11 migrations. The company announced a US$0.20 quarterly dividend and highlighted record backlogs. This performance reinforces its investment narrative as an IT solutions partner for AI workloads, despite concerns about valuation multiples, insider selling, and CEO pay.
PC Connection, Inc. (CNXN) Stock forecasts
Argus has raised its target price for PC Connection, Inc. (CNXN) to $91.00, up from its current price of $84.14. PC Connection Inc. is identified as a provider of information technology solutions. The report suggests an upgrade to premium tools for more detailed insights.
PC Connection (CNXN) trust's 10b5-1 sales total 14,284 shares
A trust associated with PC Connection, Inc. Chair and Chief Administrative Officer Patricia Gallup sold 14,284 shares of PC Connection common stock on August 4–5, 2026. The sales were executed under a Rule 10b5-1 trading plan adopted on March 9, 2026, at weighted average prices between $85.79 and $87.01 per share. Following these transactions, Patricia Gallup directly holds 533,258 common shares, and an additional 15,133 shares are held indirectly by her spouse.
PC Connection chairman Gallup sells $1.22 million in stock
Patricia Gallup, Chairman and Chief Administrative Officer of PC Connection Inc. (NASDAQ:CNXN), recently sold approximately $1.22 million worth of company stock through a Rule 10b5-1 trading plan. The sales involved 14,284 shares at prices between $84.09 and $87.47. This comes as PC Connection stock trades near its 52-week high and the company recently reported record second-quarter results for 2026.
Insider Selling: PC Connection (NASDAQ:CNXN) Chairman Sells $616,640.28 in Stock
PC Connection's Chairman, Patricia Gallup, recently sold 7,142 shares of the company's stock for $616,640.28, reducing her position by 0.10%. Despite this insider selling, the company has shown strong financial performance, beating earnings and revenue estimates, and maintains an average "Strong Buy" rating from analysts. PC Connection also declared a quarterly dividend and its stock is trading near its 12-month high.
Should You Buy PC Connection, Inc. (NASDAQ:CNXN) For Its Upcoming Dividend?
PC Connection, Inc. (NASDAQ:CNXN) is set to trade ex-dividend shortly, offering a US$0.20 per share dividend. The company's dividend is well-covered by both earnings and free cash flow, with a low payout ratio of 18% of income and 52% of free cash flow. PC Connection has also shown strong earnings per share growth of 12% annually over the last five years and has consistently increased its dividend by approximately 7.2% a year over the past decade, making it an attractive prospect for dividend-seeking investors.
PC Connection Insider Sold Shares Worth $1,219,983, According to a Recent SEC Filing
Patricia Gallup, a 10% owner, director, chairman, and Chief Admin Officer of PC Connection (CNXN), sold 14,28 shares of the company's stock on August 4, 2026, totaling $1,219,983. This information was disclosed in a recent SEC filing. The full details of the transaction are available to premium subscribers of MT Newswires.
PC Connection chairman Gallup sells $1.22 million in stock By Investing.com
Patricia Gallup, Chairman and Chief Administrative Officer of PC Connection Inc. (NASDAQ:CNXN), recently sold approximately $1.22 million worth of company stock through a Rule 10b5-1 trading plan. The sales, totaling 14,284 shares, occurred on August 4 and 5, 2026, as the stock traded near its 52-week high. Following these transactions, Ms. Gallup
PC Connection (CNXN) President & CEO Timothy Mcgrath Sells 50,00
PC Connection (CNXN) President & CEO Timothy Mcgrath sold 50,000 shares of the company on August 4, 2026, for approximately $4.29 million, reducing his direct ownership to 240,343 shares. This sale contributes to a broader insider selling trend, with 7 insider sells and no buys over the past year. GuruFocus's valuation model indicates the stock is "Modestly Overvalued" at a price-to-GF-Value ratio of 1.2, suggesting investors are paying a premium, although institutional investors show mixed sentiment with more gurus adding than trimming their positions.
PC Connection(CNXN.US) Officer Sells US$4.29 Million in Common Stock
A PC Connection (CNXN.US) officer recently sold common stock valued at $4.29 million. This transaction indicates insider activity within the company.
PC Connection CEO Timothy J. McGrath sells USD 4.33 million in common shares
Timothy J. McGrath, President and CEO of PC Connection, sold 49,000 common shares on August 3-4, 2026, for a total of USD 4.33 million. The sales were executed at prices ranging from USD 84.17 to USD 87 per share. Following these transactions, McGrath's holdings in the company amount to 240,343 shares.
PC Connection President & CEO Sold Shares Worth Over $4.2M
Timothy J. McGrath, President & CEO of PC Connection (CNXN), reported selling common stock worth over $4.2 million. The sales occurred at weighted average prices ranging from $84.17 to $87.00 per share. Following these transactions, McGrath still directly owns 240,343 shares of the company's common stock.
PC Connection (CNXN) CEO sells 50,000 shares in open-market trades
PC Connection, Inc.'s President and CEO, Timothy J. McGrath, sold a total of 50,000 shares of common stock in five open-market transactions on August 3rd and 4th, 2026. The sales were made at prices ranging from $84.00 to $87.00 per share, with several transactions reported at weighted average prices. The Form 4 filing indicated that these sales were not made pursuant to a Rule 10b5-1 trading plan.
Trade Alert: Senior VP Of PC Connection Thomas Baker Has Sold Stock
PC Connection's Senior VP, Thomas Baker, recently sold US$1.7 million worth of stock at US$83.19 per share, reducing his total holding by 36%. While this was the largest insider sale in the last year, insiders still own a significant 56% of the company, valued at US$1.2 billion. Despite the sale, the company's profitability and growth are noted, though the insider selling activity does not inspire strong confidence.
Trade Alert: Senior VP Of PC Connection Thomas Baker Has Sold Stock
PC Connection's Senior VP, Thomas Baker, recently sold US$1.7m worth of stock, reducing his total holding by 36%. While this was the largest insider sale in the last year, insiders still own a significant 56% of the company. The sale occurred at a price slightly below the current market value, which is generally considered a weak negative signal.
How Investors Are Reacting To PC Connection (CNXN) Strong Q2 Earnings And New US$0.20 Dividend
PC Connection (CNXN) recently announced strong Q2 2026 results, with increased sales and net income, along with a new US$0.20 quarterly dividend. This reflects the company's consistent cash generation in its IT reseller business and management's commitment to returning cash to shareholders. While the dividend reinforces the investment narrative, concerns remain regarding the company's valuation, governance, and return on equity despite the positive earnings.
Results: PC Connection, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
PC Connection, Inc. (NASDAQ:CNXN) recently announced strong second-quarter results, surpassing revenue and earnings per share expectations. Following these positive results, analysts have updated their forecasts, indicating increased optimism for the company's future revenue and earnings, and a 9.2% increase in the price target to US$83.00 per share. Despite forecasts for accelerated revenue growth compared to its past performance, PC Connection is still projected to grow slower than the broader industry.
PC Connection Inc (CNXN) director sells 2,000 shares at $83.86
PC Connection Inc. director Barbara Duckett sold 2,000 shares of common stock on July 31, 2026, at $83.86 per share, reducing her direct holdings to 16,252 shares. This transaction, described as an open market or private sale, was not conducted under a Rule 10b5-1 trading plan. The sale value totaled approximately $168,000.
PC Connection Sr. VP, CFO & Treasurer Sold Shares Worth Over $1.6M
Thomas C. Baker, Sr. VP, CFO & Treasurer of PC Connection (CNXN), sold common stock worth over $1.6 million on July 31, 2026. The sales involved 19,394 shares at $83.17 and 606 shares at $83.89. Following these transactions, Baker directly holds 36,092 shares.
PC Connection (CNXN) CFO sells 20,000 shares in July 31 trades
PC Connection (CNXN) CFO Thomas C. Baker sold a total of 20,000 shares of common stock on July 31, 2026, across two separate open-market transactions. The shares were sold at weighted-average prices of $83.17 and $83.89 per share, totaling approximately $1.66 million. Following these sales, Baker's direct holdings in common stock stand at 36,092 shares.
How Investors Are Reacting To PC Connection (CNXN) Strong Q2 Earnings And New US$0.20 Dividend
PC Connection, Inc. reported strong Q2 2026 earnings with increased sales and net income, and declared a US$0.20 quarterly dividend. This move signals management's commitment to returning cash to shareholders, reinforcing the company's investment narrative of consistent cash generation from its IT reseller and services business. Despite this positive news, investors are still weighing the company's premium valuation, governance concerns, and return on equity against its recent performance.
Results: PC Connection, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
PC Connection, Inc. (NASDAQ:CNXN) recently announced strong second-quarter results, surpassing revenue and EPS expectations. Following these positive results, analysts have modestly increased their revenue and earnings per share forecasts for 2026 and raised the price target to US$83.00 per share. Despite the upgrades, PC Connection's projected revenue growth is still expected to lag behind the broader industry's forecast.
Results: PC Connection, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
PC Connection, Inc. (NASDAQ:CNXN) recently reported strong second-quarter results, beating revenue and EPS expectations, which has led analysts to increase their revenue and earnings forecasts for 2026. This positive sentiment resulted in an upgraded price target for the stock, though the company's projected growth is still expected to be slower than the broader industry.
Results: PC Connection, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
PC Connection, Inc. (NASDAQ:CNXN) recently reported strong second-quarter results, beating revenue and EPS expectations. Following these results, analysts have updated their forecasts, showing increased optimism for 2026 revenues and earnings, and have raised their price target for the stock. Despite this, PC Connection's revenue growth is still projected to be slower than the broader industry.
PC Connection (NASDAQ:CNXN) Upgraded by Zacks Research to Strong-Buy Rating
Zacks Research has upgraded PC Connection (NASDAQ:CNXN) from a "hold" to a "strong-buy" rating, contributing to the stock's overall consensus "Strong Buy" rating. This upgrade follows PC Connection's strong quarterly performance, where it surpassed analyst expectations for both EPS and revenue. Despite some insider selling, institutional investors have increased their stakes, and the company announced a quarterly dividend.
CNXN (NASDAQ: CNXN) investor files Form 144 to sell 2,000 shares
A holder of CNXN common stock has filed a Form 144 notice to sell 2,000 shares through Morgan Stanley Smith Barney LLC on the NASDAQ exchange. The aggregate value of these shares is indicated at $167,720.00, and they include shares previously acquired through the company's Employee Stock Purchase Plan in 2017 and 2018. The filing also references a share figure of 25,238,000 common shares.
PC Connection (NASDAQ: CNXN) insider plans sale of 20,000 shares via Form 144
An insider at PC Connection (CNXN) has filed a Form 144 to sell up to 20,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The aggregate market value of these shares is $1,663,856.00, and the planned sale date is July 31, 2026. The shares originate from multiple restricted stock grants issued between 2023 and 2025.
PC Connection, Inc. Q2 2026 Earnings Call Summary
PC Connection, Inc. reported record Q2 2026 results, driven by strong enterprise-wide AI adoption and a 12.4% net sales growth, primarily from endpoint devices and business solutions. Management expects to outperform the U.S. IT market for the full year, with a persistent PC refresh cycle and healthy backlog offsetting seasonal Q3 softness. The company also increased its quarterly dividend, reflecting confidence in its financial position despite ongoing supply chain challenges and geopolitical headwinds.
PC Connection Inc 2026: Revenue $854M, EPS $1.31— 10-Q Summary
PC Connection Inc (CNXN) reported strong second-quarter 2026 results, with revenue reaching $854M and diluted EPS of $1.31, significantly up from the prior year. The growth was primarily driven by increased sales of notebooks, software, and accessories, along with an expansion in higher-margin services. Operational highlights included strategic inventory purchases and investments in IT infrastructure, although working capital extended the cash conversion cycle to 49 days.
PC Connection, Inc. (NASDAQ:CNXN) to Issue Quarterly Dividend of $0.20
PC Connection, Inc. (NASDAQ:CNXN) has declared a quarterly dividend of $0.20 per share, payable on August 28th to shareholders of record on August 11th. The dividend translates to an annualized payout of $0.80 and a 1.0% yield, which appears well-covered by the company's earnings with a payout ratio of 20.7%. The company recently exceeded analyst expectations, reporting quarterly EPS of $1.31 against an estimated $1.00, and revenues of $854 million, surpassing the $764.79 million forecast.
PC Connection Number of Employees 2026 | Employee Count & Headcount Data
PC Connection, Inc. (NASDAQ: CNXN) had 2,543 employees worldwide as of March 2026, marking a 0.7% growth from 2023. The company is actively hiring with 168 job postings in 2026, a 41.7% increase from 2025. Its workforce is primarily located in the United States, with Finance and Operations, Sales and Marketing, and Engineering being the largest functional groups, and the average employee salary is $73,959.
PC Connection: Q2 Earnings Snapshot
This article provides a brief snapshot of PC Connection's Q2 earnings. It appears to list financial results without additional commentary.
PC Connection Releases Q2 2026 Financial Results
PC Connection, Inc. reported strong Q2 2026 financial results, with adjusted earnings of $1.31 per share, significantly beating the consensus estimate of $1.04. Revenue reached $854.0 million, surpassing estimates by 11.2% and marking a 12.4% increase year-over-year. The company attributed this growth to sustained demand for IT products and services, particularly within its Enterprise Solutions segment.
PC Connection Releases Q2 2026 Financial Results
PC Connection (NASDAQ:CNXN) announced strong Q2 2026 financial results, with adjusted earnings per share of $1.31, significantly beating the consensus estimate of $1.04. Revenue reached $854.0 million, surpassing the $767.8 million estimate and showing a 12.4% increase year-over-year. The company's Enterprise Solutions segment was a key driver, demonstrating robust demand for IT products and services.
Earnings Flash (CNXN) PC Connection, Inc. Reports Q2 Revenue $854.0M, vs. FactSet Est of $764.8M
PC Connection, Inc. (CNXN) has reported its Q2 revenue at $854.0 million, significantly exceeding FactSet's estimated $764.8 million. The company, which provides a wide range of IT solutions, announced its full quarterly results and also declared a quarterly dividend payable on May 29, 2026. This positive earnings flash follows previous reports of the company's strong Q1 performance, where it also surpassed EPS and revenue estimates.
PC Connection (NASDAQ: CNXN) reports higher Q2 2026 earnings and declares $0.20 dividend
PC Connection, Inc. (NASDAQ: CNXN) announced strong financial results for the second quarter and first half of 2026, with Q2 net sales increasing by 12.4% year-over-year to $854.0 million and net income rising 33.8% to $33.2 million, or $1.31 per diluted share. The company's Board of Directors also declared a quarterly cash dividend of $0.20 per share. These results, driven by robust performance across its Business Solutions and Enterprise Solutions segments, highlight the company's continuous growth and commitment to shareholder returns.
