IES Holdings, Inc. (NASDAQ:IESC) CEO Jeffrey L. Et Al Gendell Sells 11,500 Shares

IES Holdings, Inc. (NASDAQ:IESCGet Free Report) CEO Jeffrey L. Et Al Gendell sold 11,500 shares of the business’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $91.23, for a total transaction of $1,049,145.00. Following the completion of the sale, the chief executive officer now owns 11,456,715 shares in the company, valued at approximately $1,045,196,109.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

IES Price Performance

NASDAQ:IESC opened at $94.70 on Tuesday. The firm has a market cap of $1.91 billion, a PE ratio of 18.00 and a beta of 1.28. IES Holdings, Inc. has a 1-year low of $40.00 and a 1-year high of $94.86. The company has a 50-day moving average of $82.05 and a 200 day moving average of $72.34.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IESC. Bank of New York Mellon Corp raised its position in shares of IES by 27.4% in the third quarter. Bank of New York Mellon Corp now owns 39,480 shares of the technology company’s stock worth $2,601,000 after acquiring an additional 8,496 shares during the period. Allspring Global Investments Holdings LLC grew its stake in IES by 1,078.0% during the 3rd 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. Legato Capital Management LLC purchased a new stake in IES during the 2nd quarter valued at about $5,433,000. Modera Wealth Management LLC grew its stake in shares of IES by 73.1% in the 2nd quarter. Modera Wealth Management LLC now owns 17,140 shares of the technology company’s stock valued at $975,000 after buying an additional 7,240 shares during the period. Finally, Jump Financial LLC grew its stake in shares of IES by 93.4% in the 3rd quarter. Jump Financial LLC now owns 11,200 shares of the technology company’s stock valued at $738,000 after buying an additional 5,409 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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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