CEO’s Major Stock Sale Shakes Up PC Connection!

New insider activity at PC Connection ( (CNXN) ) has taken place on May 29, 2025.

President & CEO Timothy Mcgrath has recently sold 32,005 shares of PC Connection stock, amounting to a total value of $2,139,294.

Recent Updates on CNXN stock

PC Connection’s recent financial updates reveal a mixed but optimistic outlook. The company reported a 10.9% increase in net sales to $701 million for Q1 2025, driven by strong demand for digital workplace solutions and datacenter modernization. Public Sector Solutions saw a 54.7% sales increase, largely due to federal government contracts. Despite these gains, challenges such as declining gross margins and cash flow issues were noted. The company is addressing these through strategic initiatives, including a $50 million increase in its share repurchase program. Analysts highlight the company’s strong financial fundamentals but caution against potential overbought conditions. The absence of major corporate events suggests that stock performance is closely tied to internal operations and market conditions.

Spark’s Take on CNXN Stock

According to Spark, TipRanks’ AI Analyst, CNXN is a Outperform.

PC Connection has a strong financial foundation with consistent revenue growth and profitability. Technical indicators show moderate momentum, and valuation metrics suggest the stock is fairly priced. Positive aspects from the latest earnings call, such as revenue growth and strategic initiatives, are balanced by challenges like margin declines and cash flow issues. Overall, the stock presents a stable investment with some growth potential.

To see Spark’s full report on CNXN stock, click here.

More about PC Connection

YTD Price Performance: -4.96%

Average Trading Volume: 126,213

Technical Sentiment Signal: Buy

Current Market Cap: $1.7B