$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.

GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 14,284 indirectly-held shares of PC CONNECTION INC (CNXN) at an average of $78.61 ($78.16–$80.21, $1.12M total) across 5 trades over 2026-08-17 to 2026-08-18 under a Rule 10b5-1 trading plan. Filed jointly with David Hall Trust 2003 (10% owner).

Connection (CNXN) reached HPE Triple Platinum Plus status, the highest tier in HPE's partner program. This recognition requires meeting sales targets and investing in technical certifications. As a result, Connection gains enhanced offerings and closer collaboration with HPE, including dedicated business and support resources. The company provides IT solutions across various markets, focusing on hybrid cloud, compute, storage, and networking.

PC Connection CEO Timothy J. McGrath sold 50,000 shares at a weighted-average $85.88 per share in Aug. 3-4, 2026 transactions, according to an SEC Form 4. The sale totaled about $4.3 million. Afterward, he held 240,343 shares worth about $20.86 million at the Aug. 4 close of $86.79.

The article reviews Q2 earnings for seven IT distribution and solutions stocks, noting the group’s revenues beat analysts’ consensus by 8.6% and next-quarter guidance was 10.4% above. It highlights Insight Enterprises (NSIT) revenue $2.40B (+14.7% YoY), Avnet (AVT) $8.30B (+47.7%), and others, with average share prices down 2.7% since results.

PC Connection, Inc. (CNXN) reported Q2 2026 sales of $854 million and net income of $33.17 million, with year-on-year EPS growth, and declared a $0.20 quarterly dividend payable Aug. 28, 2026. The company attributed record results to enterprise AI demand, technology modernization, and Windows 11 migrations, supported by record backlogs.

GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 14,284 indirectly-held shares of PC CONNECTION INC (CNXN) at an average of $85.41 ($84.09–$87.47, $1.22M total) across 6 trades over 2026-08-04 to 2026-08-05 under a Rule 10b5-1 trading plan.

MCGRATH TIMOTHY J (President & CEO) sold 50,000 shares of PC CONNECTION INC (CNXN) at an average of $85.88 ($84.17–$87.00, $4.29M total) across 5 trades over 2026-08-03 to 2026-08-04.

Connection (CNXN) reported Q2 CY2026 revenue of $854M versus $767.6M estimates, with adjusted EPS $1.31 vs $1.04 and adjusted EBITDA $48.4M vs $34.86M. Management attributed results to higher endpoint device sales, pricing, and enterprise AI demand. Analysts asked about monthly trends, pricing vs units, inventory and receivables, and backlog effects on gross profit and EPS.

Baker Thomas C (Sr. VP, CFO & Treasurer) sold 20,000 shares of PC CONNECTION INC (CNXN) at an average of $83.19 ($83.17–$83.89, $1.66M total) across 2 trades on 2026-07-31.