Insider Sells Shares in PC Connection
November 26, 2023
☀️Trending News
The news of an insider selling shares in PC ($NASDAQ:CNXN) Connection recently has sent a wave of concern throughout the investment community. The insider in question is believed to have disposed of their holdings in PC Connection worth millions of dollars, raising eyebrows and questions about the security of the stock. Though insiders are known to sell their shares in a company, this particular insider’s timing is leading to speculation and concern among investors about the future of the company. Though the reason behind this sale is unknown and can only be guessed at, it has caused a stir among investors and analysts alike.
Many are taking a wait-and-see approach as they monitor the company’s performance in the coming months. Investors should keep a close eye on the stock market for any further developments on this story.
Market Price
On Friday, PC Connection stock opened at $60.3 and closed at $60.3, down by 0.5% from prior closing price of 60.6. This decrease was likely due to a significant insider sell off of shares in the company. This indicates that insiders have reduced their holdings in the company and are seeking to maximize their profits by selling now. The selloff is concerning to some investors, as it is often seen as a sign that the company’s prospects are less than favorable in the near future.
However, this could also be interpreted as a positive sign, as investors may interpret it as the insiders having enough confidence in the company that they are willing to divest and gain profits from their holdings. In any case, this insider selloff has led to a small drop in PC Connection’s stock price, and investors should keep an eye on the company’s performance and outlook before making any decisions in regard to their investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pc Connection. More…
| Total Revenues | Net Income | Net Margin |
| 2.89k | 78.32 | 2.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pc Connection. More…
| Operations | Investing | Financing |
| 204.87 | -58.16 | -22.39 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pc Connection. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.18k | 362.27 | 31.18 |
Key Ratios Snapshot
Some of the financial key ratios for Pc Connection are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.1% | 7.1% | 3.5% |
| FCF Margin | ROE | ROA |
| 6.8% | 7.9% | 5.4% |
Analysis
GoodWhale has conducted an analysis of PC CONNECTION‘s financials and classified the company based on its Star Chart as a ‘cow’ – a type of company that is characterized by consistent and sustainable dividend payments. This makes PC CONNECTION attractive to investors who are looking for reliable returns from their investments. The company is strong in terms of assets, dividend, and profitability, though its growth rate is weak. Despite this, PC CONNECTION has a high health score of 10/10, indicating that it is capable of sustaining future operations in times of crisis due to its healthy cashflows and low levels of debt. More…
Peers
PC Connection Inc, Comtech Telecommunications Corp, Chengdu Zhimingda Electronics Co Ltd, and Argo Graphics Inc are all companies that provide computer and networking products and services.
– Comtech Telecommunications Corp ($NASDAQ:CMTL)
Comtech Telecommunications Corp is a communications technology company. The company designs, develops, manufactures and markets products and services for the communications, commercial and government markets. The company’s products and services include wireless communications, satellite communications, and optical communications. Comtech’s market cap is 302.51M as of 2022 and has a Return on Equity of -3.51%. The company designs, develops, manufactures and markets products and services for the communications, commercial and government markets including wireless communications, satellite communications, and optical communications.
– Chengdu Zhimingda Electronics Co Ltd ($SHSE:688636)
Chengdu Zhimingda Electronics Co Ltd is a Chinese electronics company with a market cap of 7.31B as of 2022. The company has a Return on Equity of 5.9%. Chengdu Zhimingda Electronics Co Ltd is engaged in the research and development, production, and sale of LED products. The company’s products include LED light bars, LED downlights, LED spotlights, LED bulbs, and LED tubes.
– Argo Graphics Inc ($TSE:7595)
Argo Graphics Inc is a publicly traded company with a market capitalization of 77.04 billion as of 2022. The company has a return on equity of 11.23%. Argo Graphics is a leading provider of graphic design services. The company offers a full range of graphic design services, including logos, branding, website design, and print design. Argo Graphics has a team of experienced and talented designers who are dedicated to creating high-quality designs that meet the needs of their clients.
Summary
PC Connection has recently had insider selling activity, indicating that an individual with knowledge of the company has sold shares in the company. Investors should analyze the stock’s past performance, current trends, and expected future growth before deciding whether to buy or sell shares in the company. Other factors that may influence an investor’s decision include the company’s management team, competitive landscape, and financial health.
Additionally, investors should research potential risks related to the company’s industry and the overall market. Doing so can help investors make an informed decision when it comes to investing in PC Connection.
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