Eplus Inc (PLUS) Files Form 4 Insider Selling : Mark P Marron Sells 4,900 Shares

Eplus Inc (PLUS): Mark P Marron , Chief Operating Officer of Eplus Inc sold 4,900 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $85.00 per share for a total value of $416,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 22, 2016, Mark P Marron (Chief Operating Officer) sold 7,100 shares at $85.11 per share price.On Mar 3, 2016, John E Callies (director) sold 1,000 shares at $75.53 per share price.Also, On Feb 1, 2016, Phillip G Norton (President and CEO) sold 100 shares at $94.05 per share price.On Dec 28, 2015, Elaine D Marion (Chief Financial Officer) sold 5,000 shares at $93.53 per share price.

Shares of ePlus (PLUS) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -2.47 points or -2.92% at $82 with 2,98,940 shares getting traded. Post opening the session at $82.03, the shares hit an intraday low of $81.68 and an intraday high of $85.302 and the price vacillated in this range throughout the day. The company has a market cap of $589 M and the number of outstanding shares has been calculated to be 71,77,196 shares. The 52-week high of ePlus is $109.33 and the 52-week low is $61.78.

ePlus Money Flow Index Chart

ePlus inc. is an integrator of technology solutions for information technology (IT) lifecycle management. The Company is engaged in selling leasing financing and managing information technology and other assets. The Company operates in two segments: technology and financing. The Company’s technology segment includes sales of information technology products third-party software third-party maintenance advanced professional and managed services and its software to commercial state and local governments and government contractors. The financing segment consists of the financing of IT equipment software and related services to commercial state and local governments and government contractors. The Company designs implements and provides an array of IT solutions from multiple IT vendors including Check Point Cisco Systems Dell EMC FireEye F5 Networks Hewlett-Packard Juniper McAfee NetApp Nimble Oracle Palo Alto Networks Pure Storage and VMware among others.

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