IES Holdings, Inc. (NASDAQ:IESC) CEO Jeffrey L. Et Al Gendell Sells 23,110 Shares

IES Holdings, Inc. (NASDAQ:IESCGet Free Report) CEO Jeffrey L. Et Al Gendell sold 23,110 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $89.59, for a total transaction of $2,070,424.90. Following the sale, the chief executive officer now owns 11,474,625 shares in the company, valued at approximately $1,028,011,653.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

IES Trading Up 1.5 %

NASDAQ:IESC opened at $91.59 on Friday. The stock has a 50 day moving average of $81.59 and a 200-day moving average of $71.85. The firm has a market capitalization of $1.85 billion, a PE ratio of 17.41 and a beta of 1.28. IES Holdings, Inc. has a 52 week low of $40.00 and a 52 week high of $92.19.

IES (NASDAQ:IESCGet Free Report) last issued its quarterly earnings data on Thursday, December 7th. The technology company reported $1.74 EPS for the quarter. The firm had revenue of $649.00 million during the quarter. IES had a return on equity of 26.83% and a net margin of 4.41%.

Institutional Investors Weigh In On IES

A number of hedge funds have recently made changes to their positions in IESC. Great West Life Assurance Co. Can grew its stake in shares of IES by 209.0% in the first quarter. Great West Life Assurance Co. Can now owns 655 shares of the technology company’s stock worth $28,000 after purchasing an additional 443 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of IES by 49.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 547 shares of the technology company’s stock worth $31,000 after buying an additional 180 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of IES in the 2nd quarter worth approximately $35,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of IES by 1,078.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 589 shares of the technology company’s stock valued at $39,000 after acquiring an additional 539 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of IES during the third quarter valued at approximately $41,000. Institutional investors own 86.60% of the company’s stock.

About IES

(Get Free Report)

IES Holdings, Inc engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities.

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Insider Buying and Selling by Quarter for IES (NASDAQ:IESC)

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