The CFO of Eplus (NASDAQ: PLUS) is Selling Shares

By Carrie Williams

Today, the CFO of Eplus (NASDAQ: PLUS), Elaine Marion, sold shares of PLUS for $163.8K.

Following Elaine Marion’s last PLUS Sell transaction on October 18, 2016, the stock climbed by 19.2%. In addition to Elaine Marion, 10 other PLUS executives reported Sell trades in the last month.

Based on Eplus’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $370 million and quarterly net profit of $16.78 million. In comparison, last year the company earned revenue of $336 million and had a net profit of $15.68 million. The company has a one year high of $111.65 and a one year low of $61.78. PLUS’s market cap is $787.7M and the company has a P/E ratio of 16.65.

The insider sentiment on Eplus has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Elaine Marion’s trades have generated a -29.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

ePlus, Inc. operates as a holding company with interest in providing technology products and services, flexible leasing solutions and enterprise supply management solutions. It operates through two business segments: Technology and Financing. The Technology segment includes sales of information technology products, third-party software, advanced professional and managed services, and third-party maintenance contracts and its proprietary software. The Financing segment consists of the financing of equipment, software and related services. Both segments sell to commercial entities, state and local governments, and government contractors. ePlus was founded by Bruce M. Bowen in 1990 and is headquartered in Herndon, VA.