Plexus director Karen Rapp sells $120,435 in PLXS shares By Investing.com

Karen Marie Rapp, a director at Plexus Corp. (), sold 500 shares of the company’s common stock on August 31, 2026. The transaction was executed at a price of $240.87 per share, totaling $120,435.

Following this sale, Ms. Rapp directly holds 7,535 shares of Plexus common stock. The insider transaction comes as Plexus shares have surged 75% over the past year, though the stock currently trades above its InvestingPro Fair Value, placing it among overvalued stocks in the market. According to InvestingPro data, the company trades at a P/E ratio of 35.2 with a market cap of $6.4 billion. The shares were sold pursuant to a Rule 10b5-1 trading plan, which was adopted on February 6, 2026.

In other recent news, Plexus Corp. reported fiscal third-quarter results that exceeded Wall Street expectations. The electronics manufacturer achieved non-GAAP diluted earnings of $2.32 per share on revenue of $1.3 billion. Analysts had projected earnings of $2.13 per share and revenue of $1.23 billion. This performance was supported by record revenue, strong demand across its primary markets, and improved working-capital management. Additionally, Plexus has raised its growth outlook, indicating continued momentum into fiscal 2027.

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