PC Connection chairman Gallup sells $1.15m in stock By Investing.com

Patricia Gallup, Chairman and Chief Administrative Officer of PC Connection Inc. (), a director and 10% owner of the company, sold a total of $1,147,121 worth of common stock across multiple transactions on July 22 and July 23, 2026.

The sales involved shares priced between $79.28 and $81.21. These transactions were executed through the David Hall Trust 2003, an irrevocable trust for which Ms. Gallup serves as the sole trustee and beneficiary. The sales were conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by the trust on March 9, 2026.The timing of the sale comes as PC Connection stock trades near its 52-week high of $82.38, with shares gaining over 41% in the past six months. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, placing it among companies on the most overvalued list.

Following these transactions, Ms. Gallup directly owns 533,258 shares of PC Connection common stock. Her indirect holdings include 6,984,895 shares through the David Hall Trust 2003, 15,133 shares by her spouse, 906,837 shares through the Abbott Brook Trust, 275,000 shares through the North Branch Trust, 1,000,000 shares through the Comack Trust-B, 2,000,000 shares through the Abbott Brook Trust-B, and 2,000,000 shares through the Abbott Brook Trust II. Ms. Gallup is the sole trustee for several of these trusts.For deeper insights into PC Connection’s valuation and performance, InvestingPro offers a comprehensive Pro Research Report with expert analysis and additional ProTips for this $2.04 billion market cap company.

In other recent news, Connection Inc. reported impressive financial results for the first quarter of 2026. The company achieved earnings per share of $0.77, which significantly outpaced the analysts’ forecast of $0.63. Connection Inc.’s revenue also exceeded expectations, reaching $721.9 million compared to the anticipated $698.84 million. These results underscore the company’s strong performance and market confidence. In addition to the earnings announcement, there were no significant mergers or acquisitions reported. Analyst firms have yet to issue any notable upgrades or downgrades following the earnings release. The company’s steady financial results reflect a positive trajectory in its operations. Investors continue to monitor Connection Inc. for further developments.

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