Vista Finance LLC bought a new stake in shares of ePlus inc. (NASDAQ:PLUS – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,273 shares of the software maker’s stock, valued at approximately $316,000.
Several other large investors also recently added to or reduced their stakes in PLUS. Larson Financial Group LLC lifted its position in shares of ePlus by 6,140.0% in the third quarter. Larson Financial Group LLC now owns 312 shares of the software maker’s stock worth $31,000 after purchasing an additional 307 shares in the last quarter. GAMMA Investing LLC lifted its position in ePlus by 203.2% in the 3rd quarter. GAMMA Investing LLC now owns 376 shares of the software maker’s stock worth $37,000 after buying an additional 252 shares in the last quarter. National Bank of Canada FI purchased a new stake in ePlus in the 3rd quarter worth approximately $76,000. Advisors Asset Management Inc. boosted its stake in shares of ePlus by 43.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,121 shares of the software maker’s stock valued at $110,000 after buying an additional 342 shares during the period. Finally, Quent Capital LLC purchased a new position in shares of ePlus during the 4th quarter valued at $94,000. 93.80% of the stock is owned by institutional investors and hedge funds.
ePlus Trading Up 0.8 %
Shares of PLUS stock opened at $70.31 on Friday. ePlus inc. has a 12 month low of $67.09 and a 12 month high of $106.98. The company has a market cap of $1.88 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10. The company has a quick ratio of 1.71, a current ratio of 1.83 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $76.26 and its two-hundred day moving average is $86.04.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised ePlus from a “hold” rating to a “buy” rating in a research report on Friday.
Check Out Our Latest Research Report on ePlus
About ePlus
ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates through two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; managed services or infrastructure and cloud; and enhanced maintenance support, service desk, storage-as-a-service, cloud hosted and managed, and managed security services; and professional, staff augmentation, cloud consulting, consulting, and security services.
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