Wednesday, October 04, 2017 10:15 PM ET
Insiders at Eplus (PLUS) Make Significant Stock Sales Extends the Trend of Last Quarter
Eplus, today, saw two insiders — Mark P Marron, Officer, and Elaine D Marion, Officer — dispose 13,000 shares having a market value of approximately $1,214,230, as revealed in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 16,214 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 29,214 shares and have averaged 5,843 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Eplus is above its 154-company peer group average. The IT Services & Consulting peer group saw 259 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by Eplus insiders is lower than its peers. Within the peer group there were 561,851 shares purchased and 18,014,302 shares sold with company insiders disposing of 67,384 shares on average over this time period.
Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data sourced in composing and writing this story.
Today’s Insider Activity
* Mark P Marron, Officer, sold 10,000 shares
* Elaine D Marion, Officer, sold 3,000 shares
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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