Media coverage about PC Connection (NASDAQ:CNXN) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PC Connection earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.2701625326429 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of PC Connection (NASDAQ CNXN) opened at $26.20 on Thursday. The company has a market cap of $704.18, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 1.56 and a beta of 1.60. PC Connection has a one year low of $23.52 and a one year high of $30.48.
The business also recently declared a special dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were paid a $0.34 dividend. The ex-dividend date was Thursday, December 28th.
In other PC Connection news, Director Barbara Duckett sold 1,123 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $27.56, for a total value of $30,949.88. Following the sale, the director now owns 15,877 shares in the company, valued at approximately $437,570.12. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Timothy J. Mcgrath sold 9,700 shares of the business’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $26.85, for a total transaction of $260,445.00. Following the completion of the sale, the chief executive officer now owns 207,207 shares in the company, valued at approximately $5,563,507.95. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,628 shares of company stock worth $447,259. Corporate insiders own 57.30% of the company’s stock.
PC Connection Company Profile
PC Connection, Inc is a provider of a range of information technology (IT) solutions. The Company conducts its business operations through three business segments: small- to medium-sized businesses (SMB), Large Account and Public Sector. The Company enables customers to design, enable, manage and service their IT environments.
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