Plexus Corp. (PLXS) Shares Soar 1.29% to 2025 High

Plexus Corp. (PLXS) shares rose to their highest level since February 2025 today, with an intraday gain of 1.29%.

The strategy of buying PLXS shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -3.6%, significantly underperforming the market. This indicates that relying on recent highs and short-term holding periods may not be an effective strategy for PLXS or similar stocks.

PLXS Closing Price after High Reached](https://finance.yahoo.com/quote/PLXS/history?p=PLXS)

Plexus Corp. (PLXS) has recently experienced a significant change in its stock rating. On June 23, 2025, Wall Street Zen downgraded the company's rating to "Buy." This adjustment in rating could potentially influence investor sentiment and, consequently, the stock's performance. Investors often rely on such ratings to make informed decisions, and a downgrade might lead to a reassessment of the company's prospects.

Additionally, Blue Trust Inc. has made a substantial increase in its stake in Plexus Corp. by 49.2% during the first quarter, as indicated in its latest Form 13F filing. This significant investment by Blue Trust Inc. could have a positive impact on the stock's market value. Institutional investors often have a considerable influence on stock prices, and their increased stake can signal confidence in the company's future performance.