ePlus Inc. (NASDAQ:PLUS) CFO Elaine D. Marion sold 3,000 shares of the business’s stock in a transaction on Friday, January 19th. The shares were sold at an average price of $80.45, for a total transaction of $241,350.00. Following the completion of the transaction, the chief financial officer now owns 74,568 shares in the company, valued at approximately $5,998,995.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
ePlus Inc. (NASDAQ PLUS) traded up $1.70 during mid-day trading on Friday, reaching $81.45. 80,467 shares of the company traded hands, compared to its average volume of 95,869. The firm has a market capitalization of $1,125.92, a price-to-earnings ratio of 21.13 and a beta of 1.28. The company has a current ratio of 1.65, a quick ratio of 1.50 and a debt-to-equity ratio of 0.01. ePlus Inc. has a 1-year low of $54.28 and a 1-year high of $97.75.
ePlus (NASDAQ:PLUS) last released its earnings results on Thursday, November 2nd. The software maker reported $1.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.27. ePlus had a net margin of 3.85% and a return on equity of 15.52%. equities analysts anticipate that ePlus Inc. will post 4 earnings per share for the current year.
Several equities analysts recently issued reports on the stock. BidaskClub lowered shares of ePlus from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Zacks Investment Research lowered shares of ePlus from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 7th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $75.00 target price on shares of ePlus in a report on Tuesday, October 17th.
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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.
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