ePlus Inc. (NASDAQ:PLUS) CFO Elaine D. Marion sold 3,000 shares of ePlus stock in a transaction on Friday, January 19th. The shares were sold at an average price of $80.45, for a total transaction of $241,350.00. Following the completion of the sale, the chief financial officer now directly owns 74,568 shares of the company’s stock, valued at $5,998,995.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

ePlus Inc. (NASDAQ:PLUS) traded up $1.70 on Friday, reaching $81.45. 80,467 shares of the company’s stock traded hands, compared to its average volume of 95,869. ePlus Inc. has a 12-month low of $54.28 and a 12-month high of $97.75. The company has a current ratio of 1.65, a quick ratio of 1.50 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $1,125.92, a P/E ratio of 21.13 and a beta of 1.28.

ePlus (NASDAQ:PLUS) last posted its quarterly earnings results on Thursday, November 2nd. The software maker reported $1.27 earnings per share for the quarter, meeting the consensus estimate of $1.27. ePlus had a net margin of 3.85% and a return on equity of 15.52%. analysts forecast that ePlus Inc. will post 4 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on PLUS shares. Stifel Nicolaus reaffirmed a “hold” rating and issued a $75.00 price target on shares of ePlus in a research note on Tuesday, October 17th. Zacks Investment Research downgraded shares of ePlus from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, BidaskClub downgraded shares of ePlus from a “buy” rating to a “hold” rating in a research note on Saturday, December 9th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. increased its position in shares of ePlus by 120.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 87,358 shares of the software maker’s stock worth $6,474,000 after acquiring an additional 47,788 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of ePlus by 42.5% during the second quarter. Bank of New York Mellon Corp now owns 184,322 shares of the software maker’s stock worth $13,658,000 after acquiring an additional 54,975 shares in the last quarter. Legal & General Group Plc increased its position in shares of ePlus by 118.1% during the second quarter. Legal & General Group Plc now owns 23,736 shares of the software maker’s stock worth $1,759,000 after acquiring an additional 12,851 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of ePlus by 125.2% during the second quarter. Victory Capital Management Inc. now owns 3,714 shares of the software maker’s stock worth $275,000 after acquiring an additional 2,065 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of ePlus by 108.9% during the second quarter. Principal Financial Group Inc. now owns 107,823 shares of the software maker’s stock worth $7,989,000 after acquiring an additional 56,207 shares in the last quarter. 89.74% of the stock is owned by hedge funds and other institutional investors.

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ePlus Company Profile

ePlus inc. is a holding company. The Company is engaged in the business of selling, leasing, financing and managing information technology. It operates through two segments: technology and financing. The technology segment sells information technology (IT) hardware products, third-party software and maintenance contracts, its own and third-party professional and managed services, and its software.

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

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