CNXN PC CONNECTION INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q2 2026: $17M, Q1 2026: $44M, Q3 2025: $4M, Q2 2025: $3M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $17M vs trailing avg $17M (-2%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $68M / FCF $21M = 318% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $12M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 11571145.3x more than bought. 3 C-suite officers among sellers

• GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 3,968 shares on 2026-08-04
• GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 3,041 shares on 2026-08-04
• GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 133 shares on 2026-08-04
• GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 3,383 shares on 2026-08-05
• GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 3,559 shares on 2026-08-05
• GALLUP PATRICIA (Chairman & Chief Admin Officer) sold 200 shares on 2026-08-05
• MCGRATH TIMOTHY J (President & CEO) sold 1,000 shares on 2026-08-03
• MCGRATH TIMOTHY J (President & CEO) sold 22,049 shares on 2026-08-03
• MCGRATH TIMOTHY J (President & CEO) sold 12,630 shares on 2026-08-03
• MCGRATH TIMOTHY J (President & CEO) sold 12,479 shares on 2026-08-04