PC Connection (NASDAQ:CNXN) Chairman Patricia Gallup Sells 7,142 Shares

25 Jun 2026, 17:08 by Renee Jackson · The Cerbat Gem

PC Connection, Inc. (NASDAQ:CNXN – Get Free Report) Chairman Patricia Gallup sold 7,142 shares of PC Connection stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $69.73, for a total transaction of $498,011.66. Following the transaction, the chairman owned 7,020,605 shares of the company’s stock, valued at $489,546,786.65. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Patricia Gallup also recently made the following trade(s):

On Tuesday, June 9th, Patricia Gallup sold 7,384 shares of PC Connection stock. The stock was sold at an average price of $71.91, for a total transaction of $530,983.44.
On Monday, June 8th, Patricia Gallup sold 6,924 shares of PC Connection stock. The stock was sold at an average price of $72.09, for a total transaction of $499,151.16.

PC Connection Stock Up 0.9%

CNXN stock traded up $0.65 during mid-day trading on Thursday, reaching $71.11. 190,835 shares of the company traded hands, compared to its average volume of 94,509. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 20.67, a P/E/G ratio of 1.79 and a beta of 0.88. PC Connection, Inc. has a fifty-two week low of $54.97 and a fifty-two week high of $75.00. The firm’s 50 day moving average price is $67.23 and its 200 day moving average price is $62.50.

PC Connection (NASDAQ:CNXN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.62 by $0.15. PC Connection had a return on equity of 10.17% and a net margin of 3.02%.The firm had revenue of $721.87 million during the quarter, compared to the consensus estimate of $696.09 million. On average, analysts anticipate that PC Connection, Inc. will post 3.93 EPS for the current fiscal year.

PC Connection Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 12th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, May 12th. PC Connection’s dividend payout ratio is presently 23.26%.

Institutional Investors Weigh In On PC Connection

Several large investors have recently made changes to their positions in CNXN. EverSource Wealth Advisors LLC raised its stake in shares of PC Connection by 625.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 580 shares of the company’s stock worth $38,000 after purchasing an additional 500 shares during the period. PNC Financial Services Group Inc. increased its holdings in PC Connection by 196.7% during the third quarter. PNC Financial Services Group Inc. now owns 629 shares of the company’s stock worth $39,000 after buying an additional 417 shares during the last quarter. Parallel Advisors LLC increased its holdings in PC Connection by 200.4% during the first quarter. Parallel Advisors LLC now owns 709 shares of the company’s stock worth $41,000 after buying an additional 473 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in PC Connection in the first quarter valued at about $44,000. Finally, Quarry LP bought a new position in shares of PC Connection during the 3rd quarter valued at approximately $75,000. 42.85% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on CNXN. Weiss Ratings raised shares of PC Connection from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wall Street Zen raised shares of PC Connection from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, PC Connection presently has an average rating of “Moderate Buy”.

View Our Latest Analysis on CNXN

PC Connection Company Profile

(Get Free Report)

PC Connection, Inc (NASDAQ: CNXN), now operating under the trade name Connection, is a value-added provider of information technology solutions founded in 1982 and headquartered in Merrimack, New Hampshire. The company offers a broad portfolio of hardware and software products sourced from leading technology vendors, alongside professional services designed to help organizations design, deploy and maintain IT environments.