PC Connection, Inc. CNXN Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Apr 01, 2024 (filed on Apr 02, 2024)

Insider Name:

Mcgrath Timothy J

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-10,000

Price:

--
Apr 01, 2024 (filed on Apr 02, 2024)

Insider Name:

Mcgrath Timothy J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-3,680

Price:

$65.53
Apr 01, 2024 (filed on Apr 02, 2024)

Insider Name:

Mcgrath Timothy J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

10,000

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Kinyon Gary

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Duckett Barbara

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Bothwick Jay E

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Gallup Patricia

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

20,000

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Ferguson Jack L

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Beffa Negrini David

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Baker Thomas C

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

20,000

Price:

--

Filings by filing date

Apr 01, 2024 (filed on Apr 02, 2024)

Insider Name:

Mcgrath Timothy J

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-10,000

Price:

--
Apr 01, 2024 (filed on Apr 02, 2024)

Insider Name:

Mcgrath Timothy J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-3,680

Price:

$65.53
Apr 01, 2024 (filed on Apr 02, 2024)

Insider Name:

Mcgrath Timothy J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

10,000

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Kinyon Gary

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Duckett Barbara

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Bothwick Jay E

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Gallup Patricia

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

20,000

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Ferguson Jack L

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Beffa Negrini David

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

2,500

Price:

--
Mar 14, 2024 (filed on Mar 18, 2024)

Insider Name:

Baker Thomas C

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

20,000

Price:

--

News

Biz Brief

Sector: Technology	Industry: N/A

See Regulatory Filings on SEC

Company Contact

Address:	730 Milford Rd, Route 101A MERRIMACK NH 03054
Tel:	N/A
Website:	https://www.connection.com
IR:	See website

Key People

Patricia Gallup Chairman of the Board, Chief Administrative Officer	Timothy Mcgrath President, Chief Executive Officer	Jay Bothwick Vice Chairman of the Board, Company Secretary, Independent Director
Thomas C. Baker Senior Vice President, Treasurer, Chief Financial Officer

Business Overview

PC Connection, Inc. delivers custom-configured computer systems overnight from its ISO 9001:2015 certified technical configuration lab at its distribution center in Wilmington, Ohio. The Company provides a range of information technology (IT) solutions, from the desktop to the cloud, including computer systems, data center solutions, software and peripheral equipment, networking communication, and other products and accessories, which the Company purchases from manufacturers, distributors and other suppliers. The Company operates through three segments: Connection Enterprise Solutions, Connection Business Solutions and Connection Public Sector Solutions. Connection Enterprise Solutions segment is engaged in serving large enterprise customers. Connection Business Solutions segment is engaged in serving small to medium-sized businesses (SMBs). Connection Public Sector Solutions segment is engaged in serving federal, state, and local government and educational institutions.

Financial Overview

For the fiscal year ended 31 December 2023, PC Connection, Inc. revenues decreased 9% to $2.85B. Net income decreased 7% to $83.3M. Revenues reflect Business Solutions segment decrease of 14% to $1.08B, Enterprise Solutions segment decrease of 9% to $1.2B, Retail Sales-SMB decrease of 14% to $1.08B. Net income also reflects Enterprise Solutions segment income decrease of 27% to $39.2M.

Employees:	2,703 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$1,417M as of Dec 31, 2023
Annual revenue (TTM):	$2,851M as of Dec 31, 2023
EBITDA (TTM):	$118.54M as of Dec 31, 2023
Net annual income (TTM):	$83.27M as of Dec 31, 2023
Free cash flow (TTM):	$179.95M as of Dec 31, 2023
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	26,362,938 as of Mar 18, 2024
Index Membership:	S&P 600 Small Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization