<div id="readability-page-1"><p>Pacer Advisors Inc. grew its position in shares of PC Connection, Inc. (NASDAQ:CNXN - Free Report) by 23.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,258,275 shares of the company's stock after buying an additional 240,312 shares during the period. Pacer Advisors Inc. owned approximately 4.77% of PC Connection worth $80,781,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>PC Connection</strong> alerts:</span></p></div><p>Other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in shares of PC Connection in the first quarter worth $1,701,000. Vanguard Group Inc. increased its position in shares of PC Connection by 1.4% in the first quarter. Vanguard Group Inc. now owns 1,040,881 shares of the company's stock worth $68,625,000 after purchasing an additional 14,838 shares during the period. Victory Capital Management Inc. increased its position in shares of PC Connection by 319.4% in the second quarter. Victory Capital Management Inc. now owns 37,458 shares of the company's stock worth $2,405,000 after purchasing an additional 28,526 shares during the period. Summit Global Investments bought a new position in PC Connection in the second quarter valued at about $505,000. Finally, Acadian Asset Management LLC grew its position in PC Connection by 467.7% in the second quarter. Acadian Asset Management LLC now owns 24,326 shares of the company's stock valued at $1,558,000 after acquiring an additional 20,041 shares during the last quarter. Institutional investors own 42.85% of the company's stock. </p><h2>Insider Activity</h2><p>In other news, CEO Timothy J. Mcgrath sold 15,377 shares of PC Connection stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $70.18, for a total transaction of $1,079,157.86. Following the sale, the chief executive officer now directly owns 277,691 shares of the company's stock, valued at $19,488,354.38. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Insiders own 56.90% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>Separately, StockNews.com upgraded PC Connection from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research report on Thursday, August 29th.</p><p><b>Get Our Latest Research Report on PC Connection</b></p><h2>PC Connection Stock Down 0.3 %</h2><p>PC Connection stock opened at $75.90 on Friday. PC Connection, Inc. has a 12-month low of $51.63 and a 12-month high of $76.65. The business's 50-day moving average price is $70.00 and its two-hundred day moving average price is $66.60. The stock has a market cap of $2.00 billion, a PE ratio of 24.33, a P/E/G ratio of 2.09 and a beta of 0.62. </p><p>PC Connection (NASDAQ:CNXN - Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.17. PC Connection had a return on equity of 10.51% and a net margin of 3.22%. The firm had revenue of $736.48 million for the quarter, compared to analysts' expectations of $703.50 million. As a group, analysts expect that PC Connection, Inc. will post 3.55 earnings per share for the current year. </p><h2>PC Connection Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Tuesday, August 13th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date was Tuesday, August 13th. PC Connection's payout ratio is 12.82%. </p><h2>About PC Connection</h2> (Free Report)<p>PC Connection, Inc, together with its subsidiaries, provides a range of information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, such as computer systems, software and peripheral equipment, networking communications, and other products and accessories.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than PC Connection</li><li>3 Tickers Leading a Meme Stock Revival</li><li>Take Advantage of Village Farms Stock as Cannabis Market Evolves</li><li>3 Ways To Invest In Coffee, Other Than Drinking It</li><li>MarketBeat Week in Review – 9/16 - 9/20</li><li>About the Markup Calculator</li><li>Don’t Miss These 3 Retail Stocks for Fall Gains</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q05YTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q05YTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. 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CNXN

<p>Pacer Advisors Inc. increased its stake in PC Connection, Inc. (NASDAQ:CNXN) by 23.6% in Q2, acquiring 240,312 shares, bringing its total to 1,258,275 shares, valued at approximately $31,781,000. Other institutional investors also adjusted their holdings. CEO Timothy J. Mcgrath sold 15,377 shares recently. Analysts upgraded PC Connection to a "strong-buy" rating. The stock is currently down 0.3%, with a market cap of $1.00 billion and a PE ratio of 24.33. The company declared a quarterly dividend of $0.10 per share, yielding 0.53%.</p>

Pacer Advisors Inc. Purchases 240,312 Shares of PC Connection, Inc. (NASDAQ:CNXN)