Chief Strategy Officer Frisch sells 6,048 shares at avg $123.99 for $749.9K on 2024-08-16
Steven J. Frisch, Chief Strategy Officer at PLEXUS CORP, executed two separate sales totaling 6,048 shares (6.0K shares) for $749,896.20 ($749.9K) on 2024-08-16, reducing his holdings from 36,118 shares to 30,070 shares (-16.7% vs pre-transaction holdings). The sales occurred at an average price of $123.99, near the stock's current price of $122.54 and within proximity of the 52-week high of $129.85. Frisch's cross-ticker track record shows his prior 14 open-market sells produced an average 90-day return of +9.3%, indicating his past sales have typically preceded stock appreciation rather than declines, with a 90d well-timed rate of 0.00%. At PLEXUS specifically, his 5 most recent trades (all sales on 2024-07-30 and 2024-07-31) are too recent to assess outcomes. The company's fundamentals show revenue of $990,967,000.00 ($991.0M) with net income of $25,140,000.00 ($25.1M) and a P/E of 30.11, placing the stock at a meaningful valuation multiple relative to current earnings.