BlackRock Amends EPLUS INC Stake, Filing SC 13G/A on Jan 19
Ticker: PLUS · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 1022408
| Field | Detail |
|---|---|
| Company | Eplus Inc (PLUS) |
| Form Type | SC 13G/A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its EPLUS INC stake, signaling a potential shift in institutional interest.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 19, 2024, indicating a change in their ownership of EPLUS INC common stock as of December 31, 2023. This filing, Amendment No. 4, updates their previous disclosures regarding their passive investment in the company. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding EPLUS INC, potentially influencing other investors.
Why It Matters
Changes in large institutional holdings like BlackRock's can impact stock price and investor sentiment, as they often reflect deep analysis of a company's prospects.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate or significant risk to EPLUS INC.
Analyst Insight
Investors should monitor future BlackRock filings for EPLUS INC to track any significant changes in their ownership percentage, which could signal a stronger bullish or bearish stance.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A
- EPLUS INC (company) — the subject company whose shares are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 19, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 4)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company of this filing?
The subject company of this filing is EPLUS INC, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EPLUS INC' and 'EPLUS INC (Name of Issuer)'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 19, 2024 regarding EPLUS INC (PLUS).