How Many ePlus inc. (NASDAQ:PLUS)’s Analysts Are Bearish?

July 16, 2018 - By Robert Shackelford

ePlus inc. (NASDAQ:PLUS) LogoInvestors sentiment decreased to 1.05 in 2018 Q1. Its down 0.37, from 1.42 in 2017Q4. It worsened, as 19 investors sold ePlus inc. shares while 55 reduced holdings. 30 funds opened positions while 48 raised stakes. 12.24 million shares or 0.29% less from 12.27 million shares in 2017Q4 were reported.
Thomson Horstmann Bryant has 1.39% invested in ePlus inc. (NASDAQ:PLUS). Manufacturers Life Ins The accumulated 9,611 shares. Benjamin F Edwards holds 0.02% or 2,500 shares in its portfolio. Principal Group Inc accumulated 112,935 shares. First Trust Advisors Limited Partnership reported 18,260 shares. Stone Ridge Asset Mgmt Ltd Liability Co holds 0.05% or 11,272 shares. Fmr Lc has invested 0.01% in ePlus inc. (NASDAQ:PLUS). First Wilshire Secs Management reported 43,770 shares. Moreover, Ftb has 0% invested in ePlus inc. (NASDAQ:PLUS). River Road Asset Mngmt Ltd Liability Corp holds 198,782 shares or 0.31% of its portfolio. Covey Capital Advisors Llc reported 0.43% in ePlus inc. (NASDAQ:PLUS). Paloma Prns Mngmt Communications reported 2,772 shares or 0% of all its holdings. Fiduciary Wi accumulated 854,046 shares. Us Financial Bank De holds 0% or 88 shares. Atlanta Cap L L C reported 252,263 shares.

Since January 18, 2018, it had 0 insider purchases, and 12 insider sales for $9.81 million activity. MARRON MARK P also sold $1.35 million worth of ePlus inc. (NASDAQ:PLUS) on Thursday, February 15. Another trade for 7,500 shares valued at $697,228 was made by BOWEN BRUCE M on Tuesday, June 12. HOVDE ERIC D sold $341,010 worth of stock. Shares for $1.86 million were sold by NORTON PHILLIP G. $37,236 worth of stock was sold by Herman Lawrence S on Thursday, February 15. Another trade for 2,000 shares valued at $189,002 was sold by FAULDERS C THOMAS III.

ePlus inc. (NASDAQ:PLUS) Ratings Coverage

Among 2 analysts covering ePlus (NASDAQ:PLUS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. ePlus had 2 analyst reports since February 9, 2018 according to SRatingsIntel. The company was upgraded on Friday, February 9 by Sidoti. The company was maintained on Friday, May 25 by Stifel Nicolaus. Below is a list of ePlus inc. (NASDAQ:PLUS) latest ratings and price target changes.

25/05/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $80 New Target: $85 Maintain
09/02/2018 Broker: Sidoti Old Rating: Neutral New Rating: Buy Upgrade

The stock decreased 0.15% or $0.15 during the last trading session, reaching $98.5. About 12,913 shares traded. ePlus inc. (NASDAQ:PLUS) has risen 13.94% since July 16, 2017 and is uptrending. It has outperformed by 1.37% the S&P500.

ePlus inc., an engineering-centric technology solutions provider, provides information technology services and products, flexible leasing and financing solutions, and enterprise supply management in the United States. The company has market cap of $1.35 billion. It operates through two divisions, Technology and Financing. It has a 24.38 P/E ratio. The Technology segment sells IT products, such as hardware, software, maintenance, software assurance, and services; and offers advanced professional and managed services, including data center infrastructure, networking, security, cloud, and collaboration, as well as ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services.

More important recent ePlus inc. (NASDAQ:PLUS) news were published by: Globenewswire.com which released: “ePlus Announces Suite of Cloud Hosted Services” on June 21, 2018, also Globenewswire.com published article titled: “ePlus to Sponsor the Protecting New York Summit”, Globenewswire.com published: “ePlus Executive Chairman Phillip G. Norton Announces Retirement” on July 11, 2018. More interesting news about ePlus inc. (NASDAQ:PLUS) was released by: Globenewswire.com and their article: “ePlus to Present at Wall Street Technology Association Cybersecurity Seminar” with publication date: June 28, 2018.

ePlus inc. (NASDAQ:PLUS) Institutional Positions Chart

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