Victory Capital Management Trims Plexus Corp. Stake

Investment firm reduces holding in technology company by 16%

Published on Mar. 10, 2026

Got story updates? Submit your updates here. ›

Victory Capital Management Inc. has reduced its stake in Plexus Corp. (NASDAQ:PLXS) by 16%, selling 29,007 shares in the third quarter. The investment firm now owns 151,774 shares, or about 0.56% of the technology company's stock, valued at $21.96 million.

Why it matters

Institutional investors like Victory Capital Management closely monitor and adjust their holdings in public companies. Changes in ownership stakes can signal shifts in investor sentiment or changes in a company's outlook.

The details

According to a recent SEC filing, Victory Capital Management trimmed its position in Plexus Corp. during the third quarter. The firm sold 29,007 shares, reducing its total holding to 151,774 shares worth $21.96 million. Plexus is a global provider of electronics manufacturing services and precision engineered solutions, partnering with OEMs across industries like medical, industrial, and aerospace.

  • Victory Capital Management reported the stake reduction in its Q3 2026 SEC filing.

The players

Victory Capital Management Inc.

An investment management firm that owns a 0.56% stake in Plexus Corp.

Plexus Corp.

A global provider of electronics manufacturing services and precision engineered solutions, headquartered in Neenah, Wisconsin.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Victory Capital's Plexus stake, while relatively small, could signal a shift in investor sentiment around the electronics manufacturing company. However, without further context, it's difficult to draw any firm conclusions about Plexus' outlook based solely on this ownership change.