SCHEDULE: BlackRock Discloses 14.9% Stake in EPLUS INC Common Stock
Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 14.9% beneficial ownership stake in EPLUS INC as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 3,944,903 shares of EPLUS INC Common Stock.
- This represents 14.9% of the total outstanding class of securities.
- BlackRock holds sole voting power over 3,878,504 shares and sole dispositive power over 3,944,903 shares.
- The filing is an Amendment No. 6 to Schedule 13G.
- iShares Core S&P Small-Cap ETF, a subsidiary of BlackRock, is identified as holding more than 5% of the total outstanding common stock of EPLUS INC.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or performance data that would indicate a positive or negative sentiment.
Future Outlook
NA
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.
Industry Context
This Schedule 13G filing indicates a significant passive investment by BlackRock, one of the world's largest asset managers, in EPLUS INC. Such filings are standard disclosures for institutional investors holding more than 5% of a company's stock, signaling a long-term, non-control-oriented position. It reflects BlackRock's portfolio management activities, often through various funds and ETFs, rather than a strategic corporate move related to EPLUS INC's operations.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holding, which can influence market perception and liquidity.
- Management: Awareness of a large passive institutional investor on their shareholder register.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, now revoked. |
| 2025-01-21 | Effective date of the new Power of Attorney. |
| 2025-06-30 | Date of event requiring the filing of this statement. |
| 2025-07-18 | Signature date of the Schedule 13G filing. |
Keywords
BlackRock, EPLUS INC, Schedule 13G, beneficial ownership, common stock, institutional investor, asset management, passive investment
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