AlphaQuest LLC Cuts Position in ePlus inc. $PLUS

AlphaQuest LLC decreased its position in ePlus inc. (NASDAQ:PLUS) by 62.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,400 shares of the software maker’s stock after selling 12,395 shares during the quarter. AlphaQuest LLC’s holdings in ePlus were worth $525,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. River Road Asset Management LLC raised its holdings in shares of ePlus by 17.2% in the 2nd quarter. River Road Asset Management LLC now owns 1,624,923 shares of the software maker’s stock valued at $117,157,000 after purchasing an additional 238,070 shares in the last quarter. State Street Corp increased its holdings in ePlus by 0.9% in the second quarter. State Street Corp now owns 1,019,061 shares of the software maker’s stock valued at $73,474,000 after buying an additional 8,956 shares during the last quarter. American Century Companies Inc. raised its stake in ePlus by 7.2% in the second quarter. American Century Companies Inc. now owns 927,875 shares of the software maker’s stock valued at $66,900,000 after buying an additional 62,557 shares in the last quarter. Geneva Capital Management LLC lifted its holdings in ePlus by 5.9% during the 2nd quarter. Geneva Capital Management LLC now owns 921,854 shares of the software maker’s stock worth $66,466,000 after buying an additional 50,964 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in ePlus by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 671,943 shares of the software maker’s stock worth $48,453,000 after buying an additional 16,804 shares during the last quarter. Institutional investors and hedge funds own 93.80% of the company’s stock.

Key Headlines Impacting ePlus

Here are the key news stories impacting ePlus this week:

• Positive Sentiment: Q3 beat — EPS $1.45 vs. $1.01 est.; revenue $614.8M vs. ~$529.6M est.; management highlighted AI infrastructure demand. ePlus Q3 2026 Earnings Call Transcript
• Positive Sentiment: Raised FY26 guidance — company lifted net‑sales growth to ~20%–22% and issued revenue guidance around $2.4–$2.5B (above consensus), signaling confidence in AI-driven demand. EPlus raises full-year guidance
• Positive Sentiment: Dividend and corporate update — company announced a quarterly cash dividend ($0.25) alongside the earnings release, supporting shareholder return narrative. ePlus Reports Third Quarter Results (PR Newswire)
• Neutral Sentiment: AI tailwinds balanced by project timing — analysts note AI demand and large enterprise projects support growth but some service deliveries have timing delays that could shift revenue recognition across quarters. PLUS Q4 Deep Dive: AI Tailwinds
• Negative Sentiment: Operating and cash-flow headwinds — third‑quarter gross profit and operating profit declined YoY, and cash from operations was negative (~-$34.8M), which could pressure near‑term liquidity and margins despite higher net income. ePlus Stock Rises on Q3 2026 Earnings (Quiver)

ePlus Stock Down 1.7%

NASDAQ:PLUS opened at $84.66 on Friday. The company has a market capitalization of $2.24 billion, a PE ratio of 16.83, a P/E/G ratio of 1.13 and a beta of 1.01. ePlus inc. has a 52-week low of $53.83 and a 52-week high of $93.98. The stock’s 50 day moving average price is $88.15 and its 200 day moving average price is $79.06.

ePlus (NASDAQ:PLUS) last posted its quarterly earnings data on Wednesday, February 4th. The software maker reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.44. The business had revenue of $614.77 million during the quarter, compared to the consensus estimate of $529.60 million. ePlus had a return on equity of 12.21% and a net margin of 5.63%. As a group, sell-side analysts anticipate that ePlus inc. will post 3.78 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PLUS. Zacks Research downgraded ePlus from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ePlus in a research note on Thursday, January 22nd. Finally, Wall Street Zen cut shares of ePlus from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, ePlus has an average rating of “Hold”.

Insider Transactions at ePlus

In other ePlus news, Director John E. Callies sold 560 shares of ePlus stock in a transaction on Monday, December 8th. The shares were sold at an average price of $90.03, for a total value of $50,416.80. Following the transaction, the director directly owned 21,428 shares in the company, valued at approximately $1,929,162.84. The trade was a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.93% of the company’s stock.

About ePlus

ePlus Inc (NASDAQ:PLUS) is a technology solutions provider that helps enterprises and public-sector organizations maximize the value of their information technology investments. The company specializes in designing, implementing and managing complex IT infrastructures, with a focus on security, cloud computing, data center modernization and unified communications. By combining consulting services with software license management and hardware procurement, ePlus delivers end-to-end solutions that align with its clients’ strategic objectives.

The company’s offerings include cybersecurity assessments and managed security services, hybrid and public cloud deployments, network architecture and optimization, and collaboration platforms.