ePlus Director Sells $10,326,073 in Stock (PLUS)
ePlus (NASDAQ:PLUS) Director Bruce M. Bowen sold 217,391 shares of the stock on the open market in a transaction dated Monday, May 5th. The shares were sold at an average price of $47.50, for a total value of $10,326,072.50. Following the completion of the transaction, the director now directly owns 12,509 shares of the company’s stock, valued at approximately $594,178. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
ePlus (NASDAQ:PLUS) traded up 0.30% on Wednesday, hitting $50.20. The stock had a trading volume of 31,125 shares. ePlus has a 52 week low of $44.83 and a 52 week high of $66.99. The stock has a 50-day moving average of $55.83 and a 200-day moving average of $55.33. The company has a market cap of $404.8 million and a price-to-earnings ratio of 11.68.
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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