SCHEDULE: BlackRock Maintains Significant 14.9% Stake in EPLUS INC Common Stock
Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, confirming its beneficial ownership of 14.9% of EPLUS INC's common stock as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 3,944,903 shares of EPLUS INC common stock.
- This ownership represents 14.9% of the total outstanding common stock of EPLUS INC.
- 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, indicating an update to previously reported ownership.
- BlackRock, Inc. is classified as a parent holding company or control person.
- One of BlackRock's subsidiaries, iShares Core S&P Small-Cap ETF, holds more than 5% of EPLUS INC's total outstanding common stock.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing detailing an institutional ownership stake. It does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or future prospects.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- Spencer Fleming, Managing Director of BlackRock, Inc., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of the issuer.
Industry Context
This Schedule 13G filing indicates a significant passive ownership stake by a major institutional investor, BlackRock, in EPLUS INC. Such filings are routine disclosures for large investment firms that hold more than 5% of a company's stock for investment purposes, rather than to influence control. It reflects BlackRock's continued confidence or strategic allocation within its managed funds, such as the iShares Core S&P Small-Cap ETF.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake by BlackRock may provide a level of confidence or stability, indicating a major investor's continued interest in EPLUS INC.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 2025-01-21 | Date of execution for the Power of Attorney, revoking a previous one dated April 30, 2023. |
| 2025-06-30 | Date of event which requires the filing of this statement. |
| 2025-07-18 | Date of signature for the Schedule 13G filing. |
Keywords
BlackRock, EPLUS INC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing
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