Tan Victor (Pang Hau), Regional President - APAC of Plexus Corp (PLXS, Financial), sold 3,000 shares of the company on November 6, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 5,605 shares of Plexus Corp.
Plexus Corp specializes in providing design and manufacturing services within the electronics manufacturing services (EMS) industry. The company offers product development, manufacturing, supply chain solutions, and aftermarket services to companies in the healthcare/life sciences, industrial/commercial, communications, and defense/security/aerospace market sectors.
Over the past year, Tan Victor (Pang Hau) has sold a total of 9,000 shares of Plexus Corp and has not purchased any shares. The insider transaction history for Plexus Corp shows a trend with 0 insider buys and 48 insider sells over the past year.
Shares of Plexus Corp were trading at $165.9 on the day of the insider's recent transaction. This price gives Plexus Corp a market cap of approximately $4.52 billion. The price-earnings ratio of the company stands at 41.39, which is above both the industry median of 23.94 and the company’s historical median.
According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Plexus Corp is currently significantly overvalued. The GF Value of $101.58 compared to the current price of $165.9 results in a price-to-GF-Value ratio of 1.63.
This valuation assessment is based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
