Top 5 Stock Picks of Touk Sinantha’s AltraVue Capital

2. ePlus inc. (NASDAQ:PLUS)

AltraVue Capital: $43,380,000   

Percentage of AltraVue Capital’s Portfolio: 6.37%

Number of Hedge Fund Holders: 14

ePlus inc. (NASDAQ:PLUS) offers information technology solutions via its several subsidiaries. AltraVue Capital decreased its investment in ePlus inc. (NASDAQ:PLUS) by 1% during Q2 2022. The fund held 816,640 shares of the company at quarter end.

For fiscal Q1, 2023, the company’s normalized EPS of $0.99 was in line with the market consensus estimate. The management in an analyst call commented that the strong demand for the company’s products and services in the technology segment was primarily the driver of revenue growth of the company in fiscal Q1 2023.