ePlus (PLUS) reported first-quarter fiscal 2027 net sales of $649.1 million for the three months ended June 30, 2026, up 1.0% from $642.8 million a year earlier. Net earnings from continuing operations fell 5.4% to $30.3 million, and diluted earnings per common share from continuing operations were $1.16.
The company reiterated fiscal 2027 guidance for year-over-year growth in the mid-single digits for net sales, gross profit and adjusted EBITDA. ePlus also announced a quarterly cash dividend of $0.27 per common share and a new authorization to repurchase up to 1.5 million shares over 12 months beginning Aug. 11, 2026.
- Gross billings increased 0.5% to $957.1 million.
- Services revenues increased 2.6% to $119.4 million.
- Managed services revenue increased 15.1% to $51.3 million.
- Gross profit decreased 1.5% to $151.3 million, with gross profit margin at 23.3%.
- Cash and cash equivalents were $448.9 million as of June 30, 2026.
- The dividend is payable Sept. 16, 2026, to shareholders of record as of Aug. 25, 2026.
$PLUS Insider Trading Activity
$PLUS insiders have traded $PLUS stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $PLUS stock by insiders over the last 6 months:
- ELAINE D MARION (CHIEF FINANCIAL OFFICER) has made 0 purchases and 2 sales selling 2,818 shares for an estimated $268,336.
- DARREN S RAIGUEL (CHIEF OPERATING OFFICER) has made 0 purchases and 7 sales selling 2,711 shares for an estimated $250,866.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PLUS Hedge Fund Activity
We have seen 130 institutional investors add shares of $PLUS stock to their portfolio, and 116 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST TRUST ADVISORS LP added 313,674 shares (+118.2%) to their portfolio in Q1 2026, for an estimated $23,603,968
- BOSTON PARTNERS added 246,655 shares (+inf%) to their portfolio in Q2 2026, for an estimated $20,529,095
- MEDINA VALUE PARTNERS, LLC removed 196,285 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,770,446
- WCM INVESTMENT MANAGEMENT, LLC removed 142,693 shares (-44.7%) from their portfolio in Q1 2026, for an estimated $10,737,648
- SWEDBANK AB removed 140,000 shares (-41.2%) from their portfolio in Q2 2026, for an estimated $11,652,200
- BRAGG FINANCIAL ADVISORS, INC added 126,733 shares (+69.7%) to their portfolio in Q1 2026, for an estimated $9,536,658
- PRUDENTIAL FINANCIAL INC added 111,105 shares (+134.7%) to their portfolio in Q1 2026, for an estimated $8,360,651
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.