ePlus (PLUS) CFO Elaine D. Marion Sells 3,000 Shares of Stock

ePlus (NASDAQ:PLUS) CFO Elaine D. Marion sold 3,000 shares of the stock in a transaction on Thursday, April 12th. The stock was sold at an average price of $80.00, for a total value of $240,000.00. Following the transaction, the chief financial officer now owns 70,068 shares of the company’s stock, valued at $5,605,440. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of PLUS stock opened at $81.10 on Tuesday. The company has a current ratio of 1.59, a quick ratio of 1.44 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1,117.98, a PE ratio of 21.68 and a beta of 1.15. ePlus has a 52 week low of $64.25 and a 52 week high of $97.75.

How to Become a New Pot Stock Millionaire

ePlus (NASDAQ:PLUS) last announced its earnings results on Wednesday, February 7th. The software maker reported $0.97 EPS for the quarter, topping the consensus estimate of $0.84 by $0.13. The company had revenue of $342.57 million for the quarter, compared to analysts’ expectations of $344.25 million. ePlus had a return on equity of 15.06% and a net margin of 4.01%. equities analysts predict that ePlus will post 4.13 EPS for the current year.

Several research analysts have issued reports on PLUS shares. Zacks Investment Research upgraded ePlus from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 4th. BidaskClub upgraded ePlus from a “sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Finally, Sidoti upgraded ePlus from a “neutral” rating to a “buy” rating in a research note on Friday, February 9th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $78.00.

Several hedge funds have recently made changes to their positions in PLUS. New York State Common Retirement Fund grew its holdings in shares of ePlus by 3.9% during the third quarter. New York State Common Retirement Fund now owns 23,713 shares of the software maker’s stock worth $2,192,000 after purchasing an additional 882 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of ePlus by 4.6% during the third quarter. Bank of New York Mellon Corp now owns 192,856 shares of the software maker’s stock worth $17,829,000 after purchasing an additional 8,534 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of ePlus by 4.0% during the third quarter. Ameriprise Financial Inc. now owns 89,670 shares of the software maker’s stock worth $8,290,000 after purchasing an additional 3,451 shares during the last quarter. American International Group Inc. grew its holdings in shares of ePlus by 7.0% during the third quarter. American International Group Inc. now owns 10,527 shares of the software maker’s stock worth $973,000 after purchasing an additional 687 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of ePlus by 7.1% during the third quarter. Legal & General Group Plc now owns 25,430 shares of the software maker’s stock worth $2,352,000 after purchasing an additional 1,694 shares during the last quarter. Institutional investors own 91.35% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “ePlus (PLUS) CFO Elaine D. Marion Sells 3,000 Shares of Stock” was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://www.chaffeybreeze.com/2018/04/17/eplus-plus-cfo-elaine-d-marion-sells-3000-shares-of-stock.html.

About ePlus

ePlus inc., an engineering-centric technology solutions provider, provides information technology (IT) products and services, flexible leasing and financing solutions, and enterprise supply management in the United States. It operates through two segments, Technology and Financing. The Technology segment sells IT products, such as hardware, software, maintenance, software assurance, and services; and offers advanced professional and managed services, including data center infrastructure, networking, security, cloud, and collaboration, as well as ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services.

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

Receive News & Ratings for ePlus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ePlus and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply