PC Connection (CNXN) Chairman Gallup Sells $627K of Stock
Key Points
- Patricia Gallup, Chairman & Chief Admin Officer of PC Connection, Inc., sold 7,192 shares on October 21, 2026, at an average price of $87.20.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan, leaving Gallup with 6,899,191 shares.
- PC Connection trades with a market cap of over $2.2 billion and a trailing P/E ratio of 23.4 ahead of its October 28 earnings report.
Since the trade, $CNXN is up 0.9% to date (from the $87.73 close on Oct 21, 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. (NASDAQ: CNXN), sold 7,192 shares of the company on October 21, 2026. The transaction was disclosed in a Form 4 filed with the Securities and Exchange Commission. This move follows a series of prior stock sales by Gallup throughout the summer and early fall of 2026.
CNXN
PC Connection, Inc.
Inside Patricia Gallup's CNXN Trade
The planned sale was executed at an average price of $87.20, bringing the total value of the transaction to roughly $627,143. Because the trade was carried out under a pre-planned Rule 10b5-1 trading arrangement, it was scheduled ahead of time. Following this transaction, Gallup retains direct ownership of 6,899,191 shares of PC Connection, reflecting a fractional shift in her overall holdings. On the day of the trade, PC Connection shares closed at $87.73.
Other Institutional Activity in PC Connection
Other institutional investors have adjusted their positions in the company recently. For example, Two Sigma Investments, LP grew its holdings by 75,746 shares during the period ended June 30, 2026, ending with 259,463 shares worth about $22.9 million.
PC Connection, Inc. Stock Up 0.9%
PC Connection shares recently traded around $88.51 as of October 22, 2026, putting the stock up about 0.9% since the transaction date. The shares sit roughly 3.4% above their 50-day moving average and well above their 200-day moving average.
Recent Earnings
PC Connection generated $2.99 billion in trailing-twelve-month revenue alongside a trailing earnings per share of $3.78. The company's next earnings report is scheduled for October 28, 2026.
Dividend
The company pays an annual dividend of $0.80 per share, yielding about 0.91% with a payout ratio of 18.5%.
Insider Buying and Selling at PC Connection, Inc.
Gallup's October sale continues an active period of insider transactions for the company. Earlier insider activity included multiple sales by Gallup, such as a disposition of 13,372 shares on October 6, 2026, and earlier sales in August and September.
About PC Connection
PC Connection, Inc., based in Merrimack, New Hampshire, provides information technology solutions to enterprise, business, and public sector customers worldwide. The company distributes a wide variety of hardware, software, and services through its three primary operating segments.
Bottom Line
Investors will look to the upcoming earnings report on October 28, 2026, for further financial updates. Future Form 4 filings will provide additional insight into insider sentiment as the year progresses.
Related Filing Alerts
Source: Patricia Gallup's Form 4 filing on $CNXN (Oct 21, 2026). Written by software, not financial advice. How we make alerts