Illinois Municipal Retirement Fund Sells 850 Shares of ePlus inc. (NASDAQ:PLUS)
Posted by MarketBeat News on Jul 3rd, 2025 Illinois Municipal Retirement Fund cut its stake in shares of ePlus inc. (NASDAQ:PLUS – Free Report) by 5.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,519 shares of the software maker’s stock after selling 850 shares during the period. Illinois Municipal Retirement Fund owned approximately 0.05% of ePlus worth $825,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its holdings in ePlus by 91.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 342 shares of the software maker’s stock valued at $25,000 after purchasing an additional 163 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of ePlus by 256.8% in the 4th quarter. Jones Financial Companies Lllp now owns 421 shares of the software maker’s stock valued at $31,000 after buying an additional 303 shares during the period. Assetmark Inc. grew its holdings in shares of ePlus by 10.4% in the 4th quarter. Assetmark Inc. now owns 20,914 shares of the software maker’s stock valued at $1,545,000 after buying an additional 1,971 shares during the period. Raymond James Financial Inc. bought a new stake in shares of ePlus in the 4th quarter valued at $8,683,000. Finally, Destination Wealth Management acquired a new stake in ePlus during the 4th quarter worth $296,000. Institutional investors own 93.80% of the company’s stock. Wall Street Analyst Weigh In Separately, Wall Street Zen cut ePlus from a “buy” rating to a “hold” rating in a research note on Friday, June 27th. Check Out Our Latest Report on PLUSePlus Price Performance Shares of PLUS opened at $71.75 on Thursday. The stock has a 50 day simple moving average of $68.40 and a 200 day simple moving average of $68.76. ePlus inc. has a 52-week low of $53.83 and a 52-week high of $106.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.56 and a current ratio of 1.71. The firm has a market capitalization of $1.90 billion, a PE ratio of 17.72, a P/E/G ratio of 1.80 and a beta of 1.14. ePlus (NASDAQ:PLUS – Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The software maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.08. The firm had revenue of $498.11 million for the quarter, compared to analyst estimates of $523.85 million. ePlus had a net margin of 5.22% and a return on equity of 11.34%. Sell-side analysts predict that ePlus inc. will post 3.78 EPS for the current fiscal year. ePlus Profile (Free Report) 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. See Also Five stocks we like better than ePlus 3 Warren Buffett Stocks to Buy Now Jefferies Raises Broadcom Price Target to $315: 19% Upside Ahead Dividend Screener: How to Evaluate Dividend Stocks Before Buying Whiplash for Investors: AeroVironment’s Confusing Stock Signals Growth Stocks: What They Are, Examples and How to Invest The Ultimate Trump Bump: These Gov’t Backed Stocks Are Exploding Receive News & Ratings for ePlus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ePlus and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINE19,422 Shares in Toast, Inc. (NYSE:TOST) Acquired by Illinois Municipal Retirement Fund NEXT HEADLINE »Illinois Municipal Retirement Fund Sells 5,650 Shares of Talos Energy Inc. (NYSE:TALO) You might be interested in: