PC Connection (CNXN) Chairman Gallup Sells $693K of Stock
Key Points
- Patricia Gallup, Chairman & Chief Admin Officer at PC Connection, Inc., sold 8,004 shares of CNXN on October 20, 2026, in a planned transaction.
- The stock recently traded around $88.51, sitting above its 50-day and 200-day moving averages as the company heads toward its October 28 earnings report.
- Following this planned sale under a pre-arranged plan, Gallup retains 6,906,383 shares in the IT solutions provider.
Since the trade, $CNXN is up 2.2% to date (from the $86.58 close on Oct 20, 2026).
Get PC Connection text alerts
We text you when insiders, Congress, analysts or big funds move on $CNXN.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated PC Connection, Inc. alert may contain errors. Disclosures
Patricia Gallup, Chairman & Chief Admin Officer of PC Connection, Inc. CNXN, sold 8,004 shares of the company on October 20, 2026. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.
CNXN
PC Connection, Inc.
Inside Patricia Gallup's CNXN Trade
Gallup executed the sale at an average price of $86.57 per share, bringing the total value of the transaction to $692,887.07. The trade was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan. Following the sale, Gallup directly held 6,906,383 shares of the company, representing a modest 0.12% decrease in her holdings.
Other Institutional Activity in PC Connection
Other major market players have adjusted their positions in the technology hardware distributor recently. Two Sigma Investments, LP grew its holdings by 75,746 shares during the period ended June 30, 2026, ending with 259,463 shares valued at about $22,965,070.
PC Connection, Inc. Stock Up 0.9%
The shares closed at $86.58 on the day of the transaction and recently traded around $88.51 as of October 22, 2026. That puts the stock up about 2.2% since the insider sale. The recent price sits 3.4% above its 50-day moving average of $85.62 and well above its 200-day moving average of $71.36. The stock trades about 8.7% below its 52-week high of $96.91.
Recent Earnings
The company posted trailing twelve-month revenue of nearly $2.99 billion alongside trailing earnings of $3.78 per share. Profitability metrics include a net profit margin of 3.2% and a return on equity of 10.4%. Investors await the upcoming earnings update scheduled for October 28, 2026.
Dividend
The firm pays an annual dividend rate of $0.80 per share, giving it a dividend yield of 0.91% based on recent trading levels. The payout ratio sits at 18.5% of earnings.
Insider Buying and Selling at PC Connection, Inc.
Gallup's October sale follows several prior transactions earlier in the year. She previously sold 14,284 shares on August 18, another 14,284 shares on September 2, 14,284 shares on September 15, and 13,372 shares on October 6, 2026. Prior coverage also noted a planned sale of 7,142 shares in June.
Analysts Set New Price Targets
Analyst coverage includes a mean price target of $83.00 with a single analyst opinion currently registered.
About PC Connection
Headquartered in Merrimack, New Hampshire, PC Connection provides enterprise, business, and public sector information technology solutions. The company delivers hardware, software, and services to customers worldwide.
Bottom Line
Investors will watch the upcoming earnings release on October 28, 2026, for further updates on financial performance. Regulatory filings will continue to track executive activity as the year progresses.
Related Filing Alerts
Source: Patricia Gallup's Form 4 filing on $CNXN (Oct 20, 2026). Written by software, not financial advice. How we make alerts