ePlus Inc. (NASDAQ:PLUS) Director Bruce M. Bowen sold 5,100 shares of the business’s stock in a transaction dated Friday, September 30th. The stock was sold at an average price of $95.00, for a total transaction of $484,500.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of ePlus Inc. (NASDAQ:PLUS) opened at 94.99 on Tuesday. The stock has a market cap of $673.76 million, a P/E ratio of 14.89 and a beta of 1.02. The company’s 50-day moving average is $90.27 and its 200-day moving average is $84.79. ePlus Inc. has a 12-month low of $61.78 and a 12-month high of $109.33.

Insider Buying and Selling by Quarter for ePlus (NASDAQ:PLUS)

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans increased its position in ePlus by 1.5% in the second quarter. Thrivent Financial for Lutherans now owns 2,740 shares of the company’s stock worth $224,000 after buying an additional 40 shares during the period. Arizona State Retirement System increased its position in ePlus by 3.4% in the first quarter. Arizona State Retirement System now owns 3,000 shares of the company’s stock worth $242,000 after buying an additional 100 shares during the period. Uniplan Investment Counsel Inc. increased its position in ePlus by 0.3% in the first quarter. Uniplan Investment Counsel Inc. now owns 58,699 shares of the company’s stock worth $4,726,000 after buying an additional 195 shares during the period. California Public Employees Retirement System increased its position in ePlus by 0.9% in the second quarter. California Public Employees Retirement System now owns 34,200 shares of the company’s stock worth $2,797,000 after buying an additional 300 shares during the period. Finally, American International Group Inc. increased its position in ePlus by 7.0% in the second quarter. American International Group Inc. now owns 4,582 shares of the company’s stock worth $375,000 after buying an additional 301 shares during the period. Hedge funds and other institutional investors own 84.72% of the company’s stock.

A number of brokerages have recently issued reports on PLUS. Canaccord Genuity reiterated a “buy” rating and set a $110.00 price target on shares of ePlus in a research note on Thursday, August 4th. Zacks Investment Research upgraded shares of ePlus from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 27th.

ePlus Company Profile

ePlus inc. is an integrator of technology solutions for information technology (IT) lifecycle management. The Company is engaged in selling, leasing, financing, and managing information technology and other assets. The Company operates in two segments: technology and financing. The Company’s technology segment includes sales of information technology products, third-party software, third-party maintenance, advanced professional and managed services and its software to commercial, state and local governments and government contractors.

5 Day Chart for NASDAQ:PLUS

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