PC Connection (NASDAQ:CNXN) Reaches New 12-Month High - What's Next?
PC Connection (NASDAQ:CNXN) recently hit a new 52-week high of $94, following stronger-than-expected quarterly results with an EPS of $1.31 and revenue of $854 million. Despite recent analyst downgrades to a "Moderate Buy" rating, the company maintains a quarterly dividend of $0.20 and exhibits a low payout ratio. Insider selling activity was noted, though institutional investors and hedge funds have shown increased positions in the stock.
PC Connection, Inc. (CNXN) Stock Forecasts
Argus has raised its target price for PC Connection, Inc. (CNXN) to $94.00, with the current price standing at $92.38. The company is identified as a provider of information technology solutions. This update is part of a quantitative report dated September 30, 2026.
PC Connection stock hits all-time high at 93.89 USD By Investing.com
PC Connection Inc. (CNXN) stock has reached an all-time high of $93.89, trading just 1% below its 52-week high and showing a 61.65% year-to-date return. This growth follows strong Q2 2026 results, with diluted earnings surpassing forecasts by 26% and net sales increasing by 12.4% to a record $854 million. However, InvestingPro analysis suggests the stock might be overvalued and in overbought territory.
PC Connection stock hits all-time high at 93.89 USD
PC Connection Inc. (CNXN) stock achieved an all-time high of $93.89, showcasing robust performance with a 61.65% year-to-date return. This milestone reflects strong investor confidence despite the stock appearing overvalued according to InvestingPro analysis. The company recently reported impressive Q2 2026 results, exceeding analyst expectations in earnings and sales, driven by increased enterprise spending on AI infrastructure and services.
Zacks Research Downgrades PC Connection (NASDAQ:CNXN) to Hold
Zacks Research has downgraded PC Connection (NASDAQ:CNXN) from a "strong-buy" to a "hold" rating, while Weiss Ratings also lowered its rating. Despite the downgrades, the company recently surpassed quarterly earnings and revenue estimates. Insiders have sold approximately $2.87 million in stock over the last three months, though they still hold a substantial 56.60% stake in the company.
Bank of America Corp DE Acquires New Stake in PC Connection, Inc. $CNXN
Bank of America Corp DE has acquired a new stake of 42,198 shares in PC Connection, Inc., valued at approximately $3.08 million. This acquisition makes Bank of America Corp DE a 0.17% owner of the company, which also saw other institutional investors increasing their positions. Despite insider sales, PC Connection exceeded quarterly earnings and revenue expectations and maintains an average "Strong Buy" rating from analysts.
Zacks.com featured highlights include CNXN, ECG, GRDN, EXPD and PBF
This Zacks.com article highlights five top stocks (CNXN, ECG, GRDN, EXPD, PBF) identified using DuPont analysis, a method that breaks down Return on Equity into profit margin, asset turnover, and equity multiplier. The analysis helps investors understand the drivers of ROE and identify strong companies, even distinguishing between those with high margins versus high turnover, and revealing the impact of leverage. The featured companies all hold a Zacks Rank #1 or #2 and have demonstrated strong average earnings surprises over the past four quarters.
Is PC Connection (CNXN) Outperforming Other Retail-Wholesale Stocks This Year?
PC Connection (CNXN) has significantly outperformed its Retail-Wholesale sector peers this year, gaining 48.7% compared to the sector's average return of -1.4%. The company holds a Zacks Rank of #1 (Strong Buy) due to a 6.4% increase in its full-year earnings consensus estimate over the past three months. Another strong performer in the sector is Five Below (FIVE), which has seen a 25.4% year-to-date return and also holds a Zacks Rank #1.
PC Connection Chairman Patricia Gallup Sells 14,284 Shares
Patricia Gallup, Chairman of PC Connection, sold 14,284 shares of the company's stock for approximately $1.1 million between September 1 and 2, 2026. This transaction was executed under a pre-established Rule 10b5-1 trading plan and represents a small fraction of her total holdings. The article clarifies that this is a routine sale and not a cause for alarm, given her remaining significant equity and the stock's strong performance.
Gallup Sells Shares of PC Connection for $1.1 Million
Patricia Gallup, Chairman of PC Connection, sold 14,284 shares of PC Connection (CNXN) for approximately $1.1 million between September 1 and 2, 2026. This sale was part of a pre-planned transaction from March 2026 and represents a small fraction of her extensive holdings, indicating continued confidence in the company. PC Connection has shown strong financial performance, with its stock price increasing by 42.6% over the past year, outperforming the S&P 500.
PC Connection (NASDAQ: CNXN) chair sells at mid-$80s prices
Patricia Gallup, Chairman and 10% owner of PC Connection (CNXN), through the David Hall Trust 2003, reported pre-planned sales of 14,284 CNXN shares in mid-September 2026. These transactions, conducted at weighted average prices around the mid-$80s, were executed as per a Rule 10b5-1 trading plan adopted in March 2026. Despite these sales, Ms. Gallup retains a significant direct and indirect stake in the company.
PC Connection chairman Patricia Gallup’s trust sells $1.2m in CNXN
Patricia Gallup, Chairman of PC Connection Inc (NASDAQ:CNXN), through the David Hall Trust 2003, sold company stock worth approximately $1.2 million across multiple transactions on September 14 and 15, 2026. The sales were executed under a Rule 10b5-1 trading plan, with shares sold at weighted average prices between $84.42 and $86.04. Despite the sales, Gallup retains substantial direct and indirect holdings in the company, which recently reported record Q2 2026 earnings, though its stock is considered overvalued by InvestingPro analysis.
PC Connection stock hits all-time high at 88.35 USD By Investing.com
PC Connection Inc. stock reached an all-time high of $88.35 USD, trading just 1% below its 52-week high, with an impressive year-to-date return of 48.78%. This surge reflects strong investor confidence and the company's robust growth in the technology sector. Despite its current overvaluation according to InvestingPro, the company recently reported record Q2 2026 results, surpassing earnings expectations and achieving significant growth in net sales and operating income, driven by enterprise customers transitioning to broader AI deployment.
PC Connection chairman Patricia Gallup’s trust sells $1.2m in CNXN
PC Connection Inc. (NASDAQ:CNXN) chairman Patricia Gallup's trust sold approximately $1.2 million worth of company stock. The transactions, executed under a Rule 10b5-1 trading plan, involved 14,284 shares sold at prices between $84.42 and $86.04. Despite the sales, Gallup retains beneficial ownership of over 13.6 million shares through various trusts, and the company recently reported strong Q2 2026 results.
PC Connection (NASDAQ:CNXN) Chairman Patricia Gallup Sells 7,142 Shares
PC Connection (NASDAQ:CNXN) Chairman Patricia Gallup sold 7,142 shares of the company's stock for approximately $610,070, retaining 6.93 million shares valued at about $592.4 million. This sale is part of a series of similar transactions since June, yet CNXN shares rose 2.3% to $87.12, near their 52-week high, following strong quarterly earnings that exceeded expectations. The stock maintains a "Strong Buy" consensus rating from analysts and offers a quarterly dividend.
PC Connection stock hits all-time high at 88.35 USD
PC Connection Inc. (CNXN) stock has reached an all-time high of $88.35, trading just 1% below its 52-week high, with a year-to-date return of 48.78%. This surge follows record second-quarter 2026 results, where the company surpassed earnings expectations with diluted earnings of $1.31 per share and a 12.4% increase in net sales to $854 million. InvestingPro analysis suggests the stock is currently overvalued despite strong growth driven by increased enterprise spending on AI infrastructure and services.
Is PC Connection (CNXN) Fairly Valued After Its Recent Share Price Run?
PC Connection (CNXN) has seen significant share price gains, with a 22.34% increase over 90 days and 49.79% year-to-date. While its P/E ratio of 22.4x suggests it's fairly valued compared to industry averages, a Discounted Cash Flow (DCF) model indicates the stock might be significantly undervalued, with an estimated future cash flow value of $418 against a current price of $85.20. The article encourages investors to consider both valuation methods and assess associated risks.
Is PC Connection (CNXN) Fairly Valued After Its Recent Share Price Run?
PC Connection (CNXN) has seen a significant share price increase, with gains of 22.34% over 90 days and 49.79% year-to-date. While its P/E ratio of 22.4x suggests it trades at a discount to industry averages and peers, Simply Wall St's DCF model indicates it could be significantly undervalued with a potential future cash flow value of $418 compared to its current $85.20 share price. Investors face mixed signals regarding its valuation, requiring a deeper look into its risks and long-term cash flow potential.
PC Connection (NASDAQ: CNXN) chair sells stock via preset trust plan
Patricia Gallup, Chairman & Chief Admin Officer of PC Connection (CNXN), through the David Hall Trust 2003, sold 14,284 shares of common stock on September 1-2, 2026. These sales, executed under a Rule 10b5-1 trading plan adopted in March 2026, occurred at weighted average prices ranging from the high-$70s to low-$80s. The filing details various indirect and direct holdings of Ms. Gallup after these transactions.
Is Now The Time To Look At Buying PC Connection, Inc. (NASDAQ:CNXN)?
This article examines whether PC Connection, Inc. (NASDAQ:CNXN) is a good investment opportunity. It discusses the company's P/E ratio, recent stock performance, and the outlook for its earnings per share, suggesting that while the current P/E might seem low, future growth considerations are crucial.
Legal & General Group Plc Purchases New Shares in PC Connection, Inc. $CNXN
Legal & General Group Plc has acquired 25,654 new shares in PC Connection, Inc. (NASDAQ:CNXN) for approximately $1.87 million during the second quarter. This move is part of broader institutional investor activity, with major firms like BlackRock Inc., Dimensional Fund Advisors LP, and Vanguard Group Inc. also modifying their stakes. PC Connection recently reported strong quarterly earnings, beating analyst estimates, and maintains a quarterly dividend, while analysts have issued a consensus "Strong Buy" rating for the stock.
PC Connection Insider Sold Shares Worth $1,139,439, According to a Recent SEC Filing
An insider at PC Connection sold shares valued at $1,139,439, as reported in a recent SEC filing. This transaction follows other insider sales and significant company news, including a NASA contract award and recent positive earnings reports. PC Connection provides a range of IT solutions across various sectors.
136,757 Shares in PC Connection, Inc. $CNXN Purchased by Bank of New York Mellon Corp
Bank of New York Mellon Corp acquired 136,757 shares of PC Connection, Inc. ($CNXN) during the second quarter, valued at approximately $9.98 million, representing about 0.54% of the company. Other institutional investors also increased their holdings. PC Connection recently reported strong quarterly earnings, beating analyst estimates, and pays a quarterly dividend.
20,113 Shares in PC Connection, Inc. $CNXN Bought by Susquehanna Fundamental Investments LLC
Susquehanna Fundamental Investments LLC acquired 20,113 shares of PC Connection, Inc. (NASDAQ:CNXN) for approximately $1.47 million, establishing a 0.08% stake in the company. PC Connection, an IT solutions provider, recently reported strong quarterly earnings of $1.31 per share on revenue of $854 million, exceeding analyst expectations. Institutional investors and hedge funds own 42.85% of the company, which also pays a quarterly dividend.
Hsbc Holdings PLC Acquires Shares of 15,558 PC Connection, Inc. $CNXN
HSBC Holdings PLC has acquired 15,558 shares of PC Connection, Inc., valued at approximately $1.14 million, increasing institutional ownership to 42.85%. This comes as analysts have upgraded PC Connection's stock, and the company reported strong Q2 earnings, surpassing expectations with $1.31 EPS and $854 million in revenue. Despite a recent sale of shares by Chairman Patricia Gallup, the company has also declared a quarterly dividend of $0.20 per share.
Man Group plc Buys New Stake in PC Connection, Inc. $CNXN
Man Group plc has acquired a new stake of 94,881 shares in PC Connection, Inc. (NASDAQ:CNXN), valued at approximately $6.9 million, as detailed in its latest 13F filing. PC Connection reported strong second-quarter earnings with EPS of $1.31 and revenue of $854 million, surpassing analyst expectations. The company also pays a quarterly dividend of $0.20 per share and has received an average "Strong Buy" rating from analysts.
2,176,088 Shares in PC Connection, Inc. $CNXN Purchased by BlackRock Inc.
BlackRock Inc. recently acquired 2,176,088 shares of PC Connection, Inc. (NASDAQ:CNXN) in the second quarter, valued at approximately $158.8 million, giving them an 8.62% stake. This makes BlackRock a significant institutional investor in PC Connection, which also saw other institutional investors increase their positions. PC Connection reported strong quarterly results, beating EPS and revenue estimates, and analysts maintain a "Strong Buy" rating for the stock.
PDT Partners LLC Makes New $3.56 Million Investment in PC Connection, Inc. $CNXN
PDT Partners LLC has made a new $3.56 million investment in PC Connection, Inc. (NASDAQ:CNXN), acquiring 48,737 shares in the second quarter. Other institutional investors like BlackRock Inc., Bank of New York Mellon Corp, and Millennium Management LLC also initiated or increased their stakes. PC Connection reported strong Q2 earnings, beating revenue and EPS estimates, and declared a quarterly dividend of $0.20 per share, contributing to a "Strong Buy" consensus rating from analysts.
NASA awards Connection a new contract to supply IT to federal agencies
Connection, through its subsidiary GovConnection (doing business as Connection Public Sector Solutions), has been awarded a NASA Solutions for Enterprise-Wide Procurement (SEWP) VI Category A Government-Wide Acquisition Contract. This award enables Connection to continue providing IT products and related services to federal agencies, strengthening its long-standing relationship with the NASA SEWP program. The contract expands Connection's capability to offer comprehensive technology solutions and flexible acquisition options, building on the success of the previous SEWP V contract which generated over $80 billion in sales.
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.
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.
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.
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.
