Insider Selling: ePlus SVP Sells 1,398 Shares of Stock (PLUS)
ePlus (NASDAQ:PLUS) SVP Steven J. Mencarini sold 1,398 shares of the stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $56.80, for a total transaction of $79,406.40. Following the transaction, the senior vice president now directly owns 5,925 shares of the company’s stock, valued at approximately $336,540. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
ePlus (NASDAQ:PLUS) traded up 1.85% during mid-day trading on Tuesday, hitting $57.88. The stock had a trading volume of 33,828 shares. ePlus has a one year low of $40.00 and a one year high of $66.99. The stock has a 50-day moving average of $56.45 and a 200-day moving average of $54.98. The company has a market cap of $466.7 million and a price-to-earnings ratio of 13.26.
ePlus (NASDAQ:PLUS) last released its earnings data on Wednesday, February 5th. The company reported $1.32 earnings per share for the quarter. On average, analysts predict that ePlus will post $4.19 earnings per share for the current fiscal year.
ePlus inc. (NASDAQ:PLUS), along with its subsidiaries, is engaged in the business of selling, leasing, financing, and managing information technology and other assets and provides software.
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