PC Connection, Inc. (PCCC) Insider Disposes Of 10,000 Shares

PC Connection, Inc. (NASDAQ:PCCC), saw an insider alter their position with the company through 2 separate transactions that were officially filed today, August 20th. Chairman and Chief Administrative Officer Patricia Gallup disposed of a total of 10,000 shares at prices ranging from $21.95 to $22.6 per share. Following these moves, Gallup still holds 670,810 shares directly, and 7,384,094 shares indirectly in the company. A $589.26 million market cap company, PC Connection, Inc. (NASDAQ:PCCC) is a direct marketer of a range of information technology, or information technology (IT), solutions. The Company provides IT products, including computer systems, software and peripheral equipment, networking communications, and other products and accessories that the Company purchases from manufacturers, distributors, and other suppliers.
The largest outside investment comes from the hedge fund run by billionaire Chuck Royce: Royce & Associates. The fund rose its activity by 43$ last quarter and currently holds about 1.9 million shares worth approximately $39 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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