ePlus inc. (NASDAQ:PLUS) Director John E. Callies sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $83.15, for a total value of $83,150.00. The sale was disclosed in a filing with the SEC, which is accessible through this link.

ePlus inc. (NASDAQ PLUS) traded down 1.99% during midday trading on Thursday, hitting $81.20. The stock had a trading volume of 58,868 shares. The company’s 50 day moving average price is $78.22 and its 200-day moving average price is $92.37. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 21.30 and a beta of 1.41. ePlus inc. has a 52 week low of $63.76 and a 52 week high of $141.00.

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Large investors have recently made changes to their positions in the stock. Louisiana State Employees Retirement System raised its stake in shares of ePlus inc. by 3.8% in the first quarter. Louisiana State Employees Retirement System now owns 2,700 shares of the software maker’s stock valued at $365,000 after buying an additional 100 shares during the last quarter. Mason Street Advisors LLC raised its stake in shares of ePlus inc. by 7.0% in the first quarter. Mason Street Advisors LLC now owns 1,540 shares of the software maker’s stock valued at $208,000 after buying an additional 101 shares during the last quarter. Legal & General Group Plc raised its stake in shares of ePlus inc. by 1.0% in the first quarter. Legal & General Group Plc now owns 10,885 shares of the software maker’s stock valued at $1,469,000 after buying an additional 109 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of ePlus inc. by 8.0% in the first quarter. BNP Paribas Arbitrage SA now owns 1,813 shares of the software maker’s stock valued at $245,000 after buying an additional 134 shares during the last quarter. Finally, Thrivent Financial For Lutherans raised its stake in shares of ePlus inc. by 4.2% in the first quarter. Thrivent Financial For Lutherans now owns 3,700 shares of the software maker’s stock valued at $500,000 after buying an additional 150 shares during the last quarter. Institutional investors own 49.17% of the company’s stock.

PLUS has been the topic of a number of research analyst reports. ValuEngine raised ePlus inc. from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Zacks Investment Research raised ePlus inc. from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Saturday, April 22nd. BidaskClub lowered ePlus inc. from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $75.00 price target on shares of ePlus inc. in a research report on Thursday, August 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $47.05.

ePlus inc. 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 inc. (NASDAQ:PLUS)

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