Key Points
- CFO Elaine Marion sold 5,514 ePlus shares at an average price of $96.41, generating $531,604.74 and reducing her ownership by 6.14% to 84,259 shares.
- ePlus exceeded quarterly expectations, reporting adjusted earnings of $1.28 per share versus the $1.19 consensus and revenue of $649.1 million versus estimates of $639.95 million.
- The company declared a quarterly dividend of $0.27 per share, equivalent to $1.08 annually and a yield of about 1.1%; analysts maintain a consensus “Hold” rating.
ePlus inc. (NASDAQ:PLUS - Get Free Report) CFO Elaine Marion sold 1,668 shares of ePlus stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $95.12, for a total transaction of $158,660.16. Following the transaction, the chief financial officer directly owned 89,773 shares in the company, valued at approximately $8,539,207.76. This trade represents a 1.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
ePlus Stock Down 2.6%
ePlus stock opened at $94.56 on Thursday. The firm has a fifty day moving average of $85.43 and a 200-day moving average of $83.35. ePlus inc. has a 52-week low of $62.42 and a 52-week high of $98.14. The firm has a market capitalization of $2.47 billion, a P/E ratio of 20.69, a PEG ratio of 1.30 and a beta of 1.00.
ePlus (NASDAQ:PLUS - Get Free Report) last posted its earnings results on Tuesday, August 4th. The software maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.09. ePlus had a net margin of 4.91% and a return on equity of 11.54%. The business had revenue of $649.11 million for the quarter, compared to analyst estimates of $639.95 million. On average, research analysts expect that ePlus inc. will post 4.66 EPS for the current fiscal year.
ePlus Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, August 25th will be paid a $0.27 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. ePlus's dividend payout ratio (DPR) is 22.31%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Zacks Research upgraded shares of ePlus from a "strong sell" rating to a "hold" rating in a research note on Friday, July 31st. Weiss Ratings restated a "hold (c+)" rating on shares of ePlus in a research note on Friday, July 10th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold".
Check Out Our Latest Report on PLUS
Institutional Trading of ePlus
A number of hedge funds have recently made changes to their positions in PLUS. Osaic Holdings Inc. raised its holdings in ePlus by 361.9% in the second quarter. Osaic Holdings Inc. now owns 448 shares of the software maker's stock valued at $32,000 after acquiring an additional 351 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of ePlus in the 4th quarter valued at about $108,000. US Bancorp DE raised its stake in shares of ePlus by 856.4% in the 3rd quarter. US Bancorp DE now owns 1,731 shares of the software maker's stock valued at $123,000 after purchasing an additional 1,550 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of ePlus during the fourth quarter worth about $138,000. Finally, Focus Partners Wealth bought a new position in shares of ePlus during the third quarter worth about $154,000. Institutional investors and hedge funds own 93.80% of the company's stock.
Key Headlines Impacting ePlus
Here are the key news stories impacting ePlus this week:
- Positive Sentiment: ePlus reported fiscal first-quarter 2027 adjusted earnings of $1.28 per share, above the $1.19 analyst consensus, while revenue of $649.1 million also exceeded expectations of $639.95 million. ePlus earnings report
- Positive Sentiment: Managed services remained a growth area, with revenue increasing 15.1% to $51.3 million. Total services revenue rose 2.6% to $119.4 million, supporting the company’s recurring-revenue strategy. ePlus first-quarter financial results
- Positive Sentiment: Management reiterated its fiscal 2027 outlook for mid-single-digit growth in net sales, gross profit and adjusted EBITDA. The board also authorized repurchases of up to 1.5 million shares over the next 12 months.
- Positive Sentiment: ePlus declared a quarterly dividend of $0.27 per share, payable September 16 to shareholders of record on August 25, providing an annualized yield of approximately 1.1%.
- Neutral Sentiment: Institutional positioning was mixed: 130 investors increased their holdings while 116 reduced them in their latest reported quarters, offering no clear consensus signal.
- Negative Sentiment: Underlying results showed margin pressure. Net earnings from continuing operations fell 5.4% to $30.3 million, gross profit declined 1.5% to $151.3 million, and gross margin was 23.3%, while net sales increased only 1.0%.
- Negative Sentiment: CFO Elaine D. Marion sold 7,182 shares across August 3–4 for approximately $690,265, reducing her holdings by roughly 8% across the two transactions. Continued insider selling may weigh on sentiment, although she still owns 84,259 shares. SEC insider trading filing
About ePlus
(
Get Free Report)
ePlus Inc (NASDAQ:PLUS) is a technology solutions provider that helps enterprises and public-sector organizations maximize the value of their information technology investments. The company specializes in designing, implementing and managing complex IT infrastructures, with a focus on security, cloud computing, data center modernization and unified communications. By combining consulting services with software license management and hardware procurement, ePlus delivers end-to-end solutions that align with its clients' strategic objectives.
The company's offerings include cybersecurity assessments and managed security services, hybrid and public cloud deployments, network architecture and optimization, and collaboration platforms.
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