Plexus (PLXS) President & CEO Todd P. Kelsey Sells $359K of Stock

Plexus Corp. President and CEO Todd P. Kelsey sold 1,500 shares of the company on October 21, 2026, according to a Form 4 filed with the SEC. The shares were disposed of at an average price of $239.16, bringing the total value of the transaction to $358,747.20.

PLXS Plexus Corp.

$220.78 ▲ +45.03% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Inside Todd P. Kelsey's Plexus Trade

The planned sale was executed under a pre-arranged Rule 10b5-1 trading plan, cutting the chief executive's stake by about 2.33%. Following the completion of the trade, Kelsey holds 62,888 shares of the electronic manufacturing services provider. This transaction follows several similar sales by Kelsey earlier in the year, including a 1,500-share disposal on September 16 and another on August 19.

Other Institutional Activity in Plexus Corp.

Large fund managers adjusted their positions in Plexus during recent periods. Disciplined Growth Investors, Inc. trimmed its holdings by 53,656 shares, ending with 1,440,935 shares worth about $318,129,627. American Century Companies Inc reduced its stake by 378,281 shares to hold 1,184,217 shares valued at roughly $261,451,427. BNP Paribas Asset Management Holding S.A. cut its position by 154,842 shares, leaving it with 761,926 shares worth about $168,218,021. Meanwhile, Fuller & Thaler Asset Management Inc. grew its holdings by 143,606 shares, ending with 732,397 shares valued at approximately $161,698,608.

Plexus Corp. Stock Down 5.0%

Plexus shares closed at $238.71 on the transaction date of October 21, 2026. The stock recently traded around $226.69 as of October 22, 2026. That puts the recent price about 5.0% below the event-day close and 26.2% below its 52-week high of $307.06.

Recent Earnings

The company posted trailing-twelve-month revenue of $4.59 billion alongside earnings of $6.77 per share. Plexus recorded a net profit margin of 4.0% and a return on equity of 12.6%. The next financial report is scheduled for release on October 28, 2026.

Dividend

Plexus Corp. currently pays no dividend, maintaining a dividend payout ratio of 0.0%.

Insider Buying and Selling at Plexus Corp.

Director Michael V Schrock sold 4,000 shares on August 11, 2026, at $275.00 for a total of $1,100,000. Todd P Kelsey sold 1,500 shares on August 19 without a listed price for $376,467, followed by another sale of 500 shares by Director Karen Marie Rapp on August 31 at $240.87 worth $120,435. Kelsey then sold 1,500 shares on September 16 at $242.41 for $363,615.

Analysts Set New Price Targets

Sidoti & Co. upgraded the stock to a Buy rating with a $308 price target on July 31, 2026. Needham reiterated its Buy rating on August 14 with a $310 price target, while Keybanc upgraded the stock to Overweight on September 22 with a $300 price target. Wall Street currently maintains a consensus strong buy rating on the stock with a mean price target of $304.60 across 5 analyst opinions.

About Plexus Corp.

Plexus Corp. provides electronic manufacturing services across the aerospace, defense, healthcare, life sciences, and industrial sectors. Founded in 1979 and headquartered in Neenah, Wisconsin, the company handles product design, supply chain solutions, and manufacturing for clients globally.

Bottom Line

Investors will watch the upcoming earnings report on October 28, 2026, for updated financial guidance. Future Form 4 filings will show whether executive selling continues under pre-arranged plans.