IES Holdings, Inc. (NASDAQ:IESC) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its position in IES Holdings, Inc. (NASDAQ:IESCFree Report) by 21.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,898 shares of the technology company’s stock after selling 527 shares during the quarter. Quantbot Technologies LP’s holdings in IES were worth $125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of IESC. Great West Life Assurance Co. Can lifted its holdings in IES by 209.0% in the first quarter. Great West Life Assurance Co. Can now owns 655 shares of the technology company’s stock valued at $28,000 after acquiring an additional 443 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in IES by 49.0% during the second quarter. Tower Research Capital LLC TRC now owns 547 shares of the technology company’s stock worth $31,000 after purchasing an additional 180 shares in the last quarter. New York State Teachers Retirement System acquired a new position in IES during the 2nd quarter worth about $35,000. Allspring Global Investments Holdings LLC grew its position in IES by 1,078.0% in 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. Finally, Royal Bank of Canada increased its stake in IES by 20.8% during the second quarter. Royal Bank of Canada now owns 946 shares of the technology company’s stock worth $54,000 after purchasing an additional 163 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

IES Stock Performance

Shares of IESC stock opened at $94.70 on Tuesday. The stock has a market capitalization of $1.91 billion, a P/E ratio of 18.00 and a beta of 1.28. IES Holdings, Inc. has a fifty-two week low of $40.00 and a fifty-two week high of $94.86. The company has a 50 day moving average price of $82.05 and a 200 day moving average price of $72.34.

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

Insider Buying and Selling

In other IES news, CEO Jeffrey L. Et Al Gendell sold 11,500 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $91.23, for a total value of $1,049,145.00. Following the sale, the chief executive officer now owns 11,456,715 shares of the company’s stock, valued at approximately $1,045,196,109.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Jeffrey L. Et Al Gendell sold 11,500 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $91.23, for a total value of $1,049,145.00. Following the transaction, the chief executive officer now owns 11,456,715 shares in the company, valued at approximately $1,045,196,109.45. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey L. Et Al Gendell sold 8,614 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $82.08, for a total transaction of $707,037.12. Following the sale, the chief executive officer now directly owns 11,528,733 shares in the company, valued at approximately $946,278,404.64. The disclosure for this sale can be found here. Insiders sold 133,004 shares of company stock valued at $11,431,575 in the last three months. 59.19% of the stock is owned by corporate insiders.

About IES

(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.

Further Reading

Want to see what other hedge funds are holding IESC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IES Holdings, Inc. (NASDAQ:IESCFree Report).

Institutional Ownership by Quarter for IES (NASDAQ:IESC)

Receive News & Ratings for IES Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IES and related companies with MarketBeat.com's FREE daily email newsletter.