<div id="readability-page-1"><p>Brown Advisory Inc. raised its holdings in shares of  PC Connection, Inc. (NASDAQ:CNXN - Free Report) by 65.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 220,821 shares of the company's stock after acquiring an additional 87,224 shares during the period. Brown Advisory Inc. owned approximately 0.87% of PC Connection worth $14,526,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>PC Connection</strong> alerts:</span></p></div><p>Several other large investors have also made changes to their positions in the business. American Century Companies Inc. lifted its holdings in shares of  PC Connection by 7.7% in the 1st quarter. American Century Companies Inc. now owns 320,915 shares of the company's stock valued at $20,032,000 after buying an additional 23,082 shares during the period.  Voya Investment Management LLC raised its position in  PC Connection by 45.7% during the first quarter. Voya Investment Management LLC now owns 19,164 shares of the company's stock valued at $1,196,000 after acquiring an additional 6,009 shares in the last quarter.  Public Sector Pension Investment Board raised its position in  PC Connection by 27.3% during the first quarter. Public Sector Pension Investment Board now owns 39,153 shares of the company's stock valued at $2,444,000 after acquiring an additional 8,402 shares in the last quarter.  Denali Advisors LLC boosted its position in  PC Connection by 25.7% in the 2nd quarter. Denali Advisors LLC now owns 66,631 shares of the company's stock worth $4,383,000 after purchasing an additional 13,608 shares in the last quarter.  Finally, Nuveen LLC purchased a new stake in  PC Connection in the 1st quarter worth approximately $2,190,000. 42.85% of the stock is owned by hedge funds and other institutional investors. </p><h2>PC Connection Stock Performance</h2><p>PC Connection stock opened at $58.26 on Monday. The stock has a market capitalization of $1.47 billion, a P/E ratio of 18.04, a P/E/G ratio of 1.71 and a beta of 0.82. The company's fifty day moving average price is $59.63 and its 200 day moving average price is $62.67. PC Connection, Inc. has a 1 year low of $54.97 and a 1 year high of $75.35. </p><p>PC Connection (NASDAQ:CNXN - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.97 earnings per share for the quarter, missing analysts' consensus estimates of $1.01 by ($0.04). The company had revenue of $709.07 million for the quarter, compared to analyst estimates of $749.81 million. PC Connection had a return on equity of 9.61% and a net margin of 2.91%. Sell-side analysts predict that  PC Connection, Inc. will post 3.33 EPS for the current year. </p><h2>PC Connection Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Tuesday, November 11th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, November 10th. PC Connection's dividend payout ratio  is 18.58%. </p><h2>Analysts Set New Price Targets</h2><p>Several research firms have recently weighed in on CNXN. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of PC Connection in a report on Monday, December 1st. Zacks Research lowered shares of PC Connection from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Friday, October 31st. One analyst  has rated the stock with a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of &#34;Reduce&#34;.</p><p><b>View Our Latest Stock Report on PC Connection</b></p><h2>PC Connection Profile</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>Recommended Stories</h2><ul><li>Five stocks we like better than PC Connection</li><li>Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time</li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>Unveiling The Power Of VWAP: A Key Indicator For Traders</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><strong>Want to see what other hedge funds are holding CNXN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PC Connection, Inc. (NASDAQ:CNXN - Free Report).</p><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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PC Connection Right Now?</h2><p>Before you consider PC Connection, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PC Connection wasn't on the list.</p><p>While PC Connection currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CNXN

<p>Brown Advisory Inc. increased its stake in PC Connection, Inc. by 65.3% in Q2, owning 220,821 shares valued at $14.5 million. Other investors like American Century and Voya also adjusted their positions. PC Connection's stock opened at $58.26 with a market cap of $1.47 billion. The company reported Q3 earnings of $0.97 per share, missing estimates. Analysts have mixed ratings on the stock, with a consensus of "Reduce." PC Connection offers IT solutions through various segments.</p>

Brown Advisory Inc. Boosts Position in PC Connection, Inc. $CNXN