PC Connection, Inc. and its subsidiaries, dba Connection, (www.connection.com; NASDAQ: CNXN) is a Fortune 1000 company headquartered in Merrimack, NH. With offices throughout the United States, Connection delivers custom-configured computer systems overnight from its ISO 9001:2015 certified technical configuration lab at its distribution center in Wilmington, OH. In addition, the Company has over 2,500 technical certifications to ensure that it can solve the most complex issues of its customers. Connection also services international customers through its GlobalServe subsidiary, a global IT procurement and service management company.
Company profile
Ticker
CNXN
Exchange
Website
CEO
Timothy McGrath
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Amazon.com • Qurate Retail Inc - Series A • QVC • CDW • Coupang • Insight Enterprises • Dingdong (Cayman) • ContextLogic • Vipshop • Chewy ...
SEC CIK
Corporate docs
Subsidiaries
PC Connection Sales Corporation • GovConnection, Inc. • MoreDirect, Inc. • GlobalServe, Inc. ...
IRS number
20513618
CNXN stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
18 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Results of Operations and Financial Condition
4 May 23
8-K
Results of Operations and Financial Condition
20 Apr 23
ARS
2022 FY
Annual report to shareholders
7 Apr 23
DEF 14A
Definitive proxy
7 Apr 23
10-K
2022 FY
Annual report
6 Mar 23
8-K
Results of Operations and Financial Condition
9 Feb 23
8-K
Other Events
22 Nov 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
Transcripts
CNXN
Earnings call transcript
2022 Q4
9 Feb 23
CNXN
Earnings call transcript
2022 Q3
3 Nov 22
CNXN
Earnings call transcript
2022 Q2
6 Aug 22
CNXN
Earnings call transcript
2022 Q1
8 May 22
CNXN
Earnings call transcript
2021 Q4
8 Feb 22
CNXN
Earnings call transcript
2021 Q3
7 Nov 21
CNXN
Earnings call transcript
2021 Q2
7 Aug 21
CNXN
Earnings call transcript
2021 Q1
9 May 21
CNXN
Earnings call transcript
2020 Q4
25 Feb 21
CNXN
Earnings call transcript
2020 Q3
9 Nov 20
Latest ownership filings
4
PATRICIA GALLUP
9 Jun 23
4
PATRICIA GALLUP
6 Jun 23
144
Notice of proposed sale of securities
2 Jun 23
4
TIMOTHY J MCGRATH
3 Apr 23
4
of David McLellan Hall Estate
15 Mar 23
3
Initial statement of insider ownership
15 Mar 23
SC 13D/A
GALLUP PATRICIA
15 Mar 23
4
Thomas C Baker
8 Mar 23
4
Thomas C Baker
27 Feb 23
SC 13G/A
Mawer Investment Management Ltd.
13 Feb 23
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q1 2023
67.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 124 |
| Opened positions | 11 |
| Closed positions | 31 |
| Increased positions | 49 |
| Reduced positions | 44 |
| 13F shares | Current |
|---|---|
| Total value | 481.10 bn |
| Total shares | 17.70 mm |
| Total puts | 600.00 |
| Total calls | 800.00 |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Gallup Patricia | 6.88 mm | $287.58 mm |
| BLK Blackrock | 2.52 mm | $113.34 bn |
| Dimensional Fund Advisors | 1.88 mm | $84.44 bn |
| Mawer Investment Management | 1.61 mm | $72.35 bn |
| Vanguard | 858.86 k | $38.61 bn |
| STT State Street | 442.14 k | $19.88 bn |
| NTRS Northern Trust | 373.43 k | $16.79 bn |
| IVZ Invesco | 268.13 k | $12.06 bn |
| Geode Capital Management | 244.73 k | $11.00 bn |
| Charles Schwab Investment Management | 222.96 k | $10.02 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 Jun 23 | Gallup Patricia | Common Stock | Sell | Dispose S | Yes | Yes | 46.89 | 5,187 | 243.22 k | 167,093 |
| 2 Jun 23 | Gallup Patricia | Common Stock | Sell | Dispose S | Yes | Yes | 46.26 | 600 | 27.76 k | 172,280 |
| 1 Apr 23 | Mcgrath Timothy J | Common Stock | Payment of exercise | Dispose F | No | No | 44.96 | 3,935 | 176.92 k | 330,990 |
| 1 Apr 23 | Mcgrath Timothy J | Common Stock | Option exercise | Acquire M | No | No | 0 | 10,000 | 0.00 | 334,925 |
| 1 Apr 23 | Mcgrath Timothy J | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 10,000 | 0.00 | 40,000 |
| 7 Mar 23 | Baker Thomas C | Common Stock | Payment of exercise | Dispose F | No | No | 42.82 | 1,331 | 56.99 k | 32,342 |
| 7 Mar 23 | Baker Thomas C | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,000 | 0.00 | 33,673 |
| 7 Mar 23 | Baker Thomas C | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,000 | 0.00 | 0 |
News
Looking Into PC Connection's Return On Capital Employed
15 May 23
Friday Is Your Last Chance To Buy PC Connection Before The Dividend Payout
10 May 23
PC Connection Q1 Adj. EPS $0.56 Misses $0.65 Estimate, Sales $727.54M Miss $727.86M Estimate
4 May 23
PC Connection Q1 Adj EPS $0.56 Misses $0.65 Estimate, Sales $727.54M Miss $727.86M Estimate
4 May 23
Recap: PC Connection Q1 Earnings
4 May 23
Press releases
Connection Announces Third Annual IT Superhero Awards
1 Jun 23
Connection Honored at HP Partner Conference
10 May 23
Connection (CNXN) Reports First Quarter 2023 Results
4 May 23
Connection Named to Newsweek's Most Trustworthy Companies in America 2023 List
27 Apr 23
PC Connection, Inc. (CNXN) to Release First Quarter Results for 2023 and Provides Selected Preliminary Financial Results
20 Apr 23