Loading...
Docoh

PC Connection (CNXN)

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
CEO
Timothy McGrath
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
PC Connection Sales Corporation • GovConnection, Inc. • MoreDirect, Inc. • GlobalServe, Inc. ...
IRS number
20513618

CNXN stock data

Calendar

5 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 67.41M 67.41M 67.41M 67.41M 67.41M 67.41M
Cash burn (monthly) 13.63M 2.07M (no burn) (no burn) 12.76M (no burn)
Cash used (since last report) 39.18M 5.95M n/a n/a 36.68M n/a
Cash remaining 28.22M 61.46M n/a n/a 30.73M n/a
Runway (months of cash) 2.1 29.7 n/a n/a 2.4 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
23 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 43.73 2,300 100.58K 2,102,363
22 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 44.2 2,700 119.34K 2,104,663
17 Jun 22 Jay E Bothwick RSU Common Stock Option exercise Acquire M No No 0 5,000 0 5,000
15 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 44.88 200 8.98K 2,107,363
15 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 44.21 3,200 141.47K 2,107,563
14 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 43.7 3,800 166.06K 2,110,763
7 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 46.17 3,248 149.96K 2,114,563
6 Jun 22 Gallup Patricia Common Stock Sell Dispose S No Yes 45.72 4,300 196.6K 2,117,811
24 May 22 Gallup Patricia Common Stock Sell Dispose S No Yes 43.39 1,201 52.11K 2,122,111
24 May 22 Gallup Patricia Common Stock Sell Dispose S No Yes 42.84 2,600 111.38K 2,123,312
68.4% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 123 120 +2.5%
Opened positions 16 19 -15.8%
Closed positions 13 7 +85.7%
Increased positions 42 41 +2.4%
Reduced positions 48 36 +33.3%
13F shares Current Prev Q Change
Total value 903.53M 1.25B -27.5%
Total shares 17.96M 17.97M -0.0%
Total puts 0 23.3K EXIT
Total calls 33.5K 0 NEW
Total put/call ratio Infinity
Largest owners Shares Value Change
Gallup Patricia 7.14M $316.95M 0.0%
BLK Blackrock 2.39M $125M -0.3%
Mawer Investment Management 1.98M $103.53M +4.2%
Dimensional Fund Advisors 1.81M $94.95M +0.1%
Vanguard 774.07K $40.55M +3.0%
STT State Street 410.77K $21.52M -9.5%
NTRS Northern Trust 381.59K $19.99M -3.9%
Royce & Associates 250.32K $13.11M -7.5%
Geode Capital Management 213.55K $11.19M -10.9%
Charles Schwab Investment Management 197.68K $10.36M +5.6%
Largest transactions Shares Bought/sold Change
Mawer Investment Management 1.98M +78.96K +4.2%
STT State Street 410.77K -42.92K -9.5%
Millennium Management 0 -37.63K EXIT
Assenagon Asset Management 109.66K +36.91K +50.7%
FMR 29.43K +29.4K +81655.6%
Nuveen Asset Management 69.49K +26.1K +60.1%
Geode Capital Management 213.55K -26.02K -10.9%
Vanguard 774.07K +22.77K +3.0%
GS Goldman Sachs 190.88K -22.46K -10.5%
Jacobs Levy Equity Management 41.07K -22.21K -35.1%

Financial report summary

?
Competition
AppleCSPMicrosoftAdobeDellNortonLifeLockLenovoInsight EnterprisesVmwareCDW

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: acquire, acquiring, agent, allay, annum, Apple, approved, art, backlog, brand, broad, center, certified, characterized, Cisco, conflict, consent, coverage, dedicated, delayed, Dell, deploy, fill, foreseeable, Fortune, global, GlobalServe, greatest, guiding, hereto, highly, incountry, inflation, ISO, lab, Lenovo, leverage, logistic, macroeconomic, manner, Microsoft, mobility, multinational, outflow, partner, payroll, people, persist, portfolio, procurement, rapidly, repaid, response, Russia, selection, slightly, team, TIDC, TSG, Ukraine, vertical, VMware, volatility, withheld, worldwide
Removed: absence, approximately, bad, collection, comparison, controlled, controlling, DPO, effectively, efficient, GovConnection, improving, increasing, inflow, insurance, involving, large, leading, life, making, mentoring, MoreDirect, outbound, productivity, project, recruit, recruiting, relation, resulting, retaining, rollout, solution, stockholder, strategy, streamlining, subsidiary, training, updating