Insider Selling: Eric D. Hovde Sells 6,213 Shares of ePlus Stock (PLUS)
ePlus (NASDAQ:PLUS) Director Eric D. Hovde sold 6,213 shares of ePlus stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $58.39, for a total transaction of $362,777.07. Following the transaction, the director now directly owns 255,608 shares in the company, valued at approximately $14,924,951. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
ePlus (NASDAQ:PLUS) traded up 0.14% on Wednesday, hitting $57.37. The stock had a trading volume of 38,272 shares. ePlus has a 52 week low of $47.49 and a 52 week high of $61.76. The stock has a 50-day moving average of $56.85 and a 200-day moving average of $56.. The company has a market cap of $430.4 million and a price-to-earnings ratio of 12.33.
ePlus (NASDAQ:PLUS) last released its earnings data on Wednesday, August 6th. The company reported $1.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.08 by $0.06. Analysts expect that ePlus will post $4.99 EPS 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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