BEFFA NEGRINI DAVID sold $405K of CNXN

PC Connection (CNXN) secured a NASA contract via its GovConnection subsidiary, boosting its access to federal IT programs. Shares rose 3.48% in a day and 18.48% over 90 days, with a 1-year return of 26.73%. The stock trades at a P/E of 20.9x, below industry and peer averages, but slightly above an estimated fair P/E of 20.6x. Analysts debate its valuation, with a DCF model suggesting significant undervaluation.

Business Solutions: Net sales increased 17.3% to a record $343.9 million, while gross billings grew 16.7% to $496.1 million. Gross margin was 23%, compared with 23.5% a year earlier, reflecting a higher mix of endpoint devices and changes in customer mix. Backlog reached its highest level in three years. Public Sector Solutions: Net sales were $140.5 million, consistent with the prior-year quarter, while gross billings increased 1.7% to $197.1 million.

Connection (NASDAQ:CNXN) reported Q2 CY2026 revenue of $854 million, above analysts’ $767.6 million estimate. Adjusted EPS was $1.31 versus $1.04 expected, and adjusted EBITDA was $48.4 million versus $34.86 million. Operating margin was 5%. Free cash flow was -$65.74 million, down from $24.64 million a year earlier.

PC CONNECTION INC (CNXN) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ​ ​ ​ ​ ​ ​ ​ Investor Relations Contact: Thomas Baker, 603.683.2505 Senior Vice President, CFO, and Treasurer tom@connection.com ​ ​ ​ CONNECTION (CNXN) REPORTS SECOND QUARTER 2026 RESULTS ​ ​ ​ ​ ​ ​ ​ SECOND QUARTER SUMMARY : FIRST HALF OF 2026 SUMMARY : ​ ​ ● Net

PC Connection (CNXN) shares rose above their 200-day moving average on Friday, trading up to $70.01 and last at $69.59. The 200-day average is $60.77. On May 2, Wall Street Zen upgraded CNXN from hold to buy. The company reported Q1 EPS of $0.77 vs $0.62 consensus on revenue of $721.87M.

Troim Tor Olav purchased 1,500,000 indirectly-held shares of Borr Drilling Ltd (BORR) at $4.24 ($6.36M total) on 2026-10-06.