CNXN

In the past six months, CNXN's stock price has experienced several notable events. The stock has shown strong performance, with a 54.02% increase over the last year and a 10.91% rise in the past month as of early October 2026. It reached a new 52-week high of $93.89 on October 1, 2026, and traded near this high in early October 2026. Key positive drivers include strong Q2 2026 results, reported on July 29, 2026, where the company exceeded expectations with EPS of $1.31 (versus an estimated $1.00) and revenue of $854 million (versus an estimated $764.79 million). This performance was fueled by demand for AI-ready infrastructure and digital transformation. Management also noted that enterprise customers are moving from AI testing to broader deployment. However, there have been some cautionary signals. Zacks Research downgraded PC Connection from a "strong-buy" to a "hold" rating on September 28, 2026, and Weiss Ratings also trimmed its rating in September 2026. Insider selling has also been reported, with Chairman Patricia Gallup selling shares in early October 2026 and a director selling shares in August 2026. Management guided for a slightly softer sequential Q3 revenue compared to Q2. Other events include Connection being awarded the NASA SEWP VI Government-Wide Acquisition Contract on August 20, 2026, and achieving HPE Triple Platinum Plus Status on August 19, 2026. TIME Magazine also named Connection one of America's Best Companies on July 9, 2026.