Hovde Capital Advisors LLC sold $2.11M worth of shares in Eplus Inc. in June 2018

Jul 08, 2018
Insider Transactions
Background Information
Hovde Capital Advisors focuses on investments in the financial services sector. The firm employs a value-oriented approach to investing in the private and public equity securities of community banks and thrifts, insurance companies, specialty finance companies and other companies within the financial services industry. Hovde Capital Advisors manages the Financial Institution Partners Funds, a series of long/short hedge funds that focus exclusively on investments in the financial services sector.
ePlus inc., is provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally-provided and outsourced services; and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. The Financing segment specializes in arrangements, such as direct financing, sales-type, and operating leases; loans and consumption-based financing arrangements; and underwriting and management of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT equipment, communication-related equipment, and medical equipment; and industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. ePlus inc. serves commercial entities, state and local governments, government contractors, and educational institutions The company was founded by Bruce M. Bowen in 1990 and is headquartered in Herndon, VA.