Atria Investments Inc Invests $202,000 in ePlus inc. (NASDAQ:PLUS)

Atria Investments Inc acquired a new stake in ePlus inc. (NASDAQ:PLUS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,055 shares of the software maker’s stock, valued at approximately $202,000.

Other large investors have also bought and sold shares of the company. Janus Henderson Group PLC raised its stake in ePlus by 68.0% during the first quarter. Janus Henderson Group PLC now owns 64,597 shares of the software maker’s stock worth $5,073,000 after buying an additional 26,143 shares during the last quarter. Boston Partners acquired a new stake in ePlus during the 1st quarter worth about $649,000. CANADA LIFE ASSURANCE Co grew its holdings in ePlus by 25.1% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 27,490 shares of the software maker’s stock worth $2,157,000 after acquiring an additional 5,508 shares during the period. Quest Partners LLC grew its holdings in ePlus by 175.7% during the 2nd quarter. Quest Partners LLC now owns 10,902 shares of the software maker’s stock worth $803,000 after acquiring an additional 6,948 shares during the period. Finally, Argent Capital Management LLC grew its stake in ePlus by 60.9% during the second quarter. Argent Capital Management LLC now owns 12,683 shares of the software maker’s stock worth $934,000 after purchasing an additional 4,802 shares during the period. 93.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com downgraded ePlus from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

Insiders Place Their Bets

In other news, CFO Elaine D. Marion sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $92.19, for a total transaction of $460,950.00. Following the completion of the sale, the chief financial officer now owns 64,442 shares in the company, valued at $5,940,907.98. The trade was a 7.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.02% of the stock is currently owned by corporate insiders.

ePlus Trading Up 2.7 %

Shares of PLUS stock opened at $82.47 on Monday. The company has a market cap of $2.21 billion, a P/E ratio of 20.46, a PEG ratio of 1.83 and a beta of 1.13. The stock has a 50 day simple moving average of $94.28 and a two-hundred day simple moving average of $86.18. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 1.85. ePlus inc. has a fifty-two week low of $56.33 and a fifty-two week high of $106.98.

ePlus Company Profile

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.