IES (NASDAQ:IESC) Hits New 12-Month High at $139.46

IES Holdings, Inc. (NASDAQ:IESC) hit a new 52-week high during trading on Tuesday . The stock traded as high as $139.46 and last traded at $137.30, with a volume of 60020 shares. The stock had previously closed at $134.98.

IES Stock Up 0.1 %

The company has a 50 day moving average price of $115.89 and a 200-day moving average price of $90.07. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 25.95 and a beta of 1.34.

IES (NASDAQ:IESC) last released its quarterly earnings data on Friday, February 2nd. The technology company reported $1.87 earnings per share (EPS) for the quarter. IES had a return on equity of 26.83% and a net margin of 4.41%. The company had revenue of $634.40 million during the quarter.

Insider Activity at IES

In related news, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $87.13, for a total value of $1,420,219.00. Following the sale, the chief executive officer now directly owns 11,503,933 shares in the company, valued at $1,002,337,682.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Jeffrey L. Et Al Gendell sold 3,700 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $85.60, for a total value of $316,720.00. Following the transaction, the chief executive officer now directly owns 11,500,233 shares in the company, valued at approximately $984,419,944.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $87.13, for a total value of $1,420,219.00. Following the completion of the transaction, the chief executive officer now owns 11,503,933 shares in the company, valued at $1,002,337,682.29. The disclosure for this sale can be found here. Insiders have sold 116,294 shares of company stock worth $11,283,205 over the last ninety days. Insiders own 59.19% of the company’s stock.

Hedge Funds Weigh In On IES

Large investors have recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of IES in the 1st quarter worth $48,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of IES by 1,078.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 589 shares of the technology company’s stock worth $39,000 after purchasing an additional 539 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of IES in the 3rd quarter worth $41,000. Quest Partners LLC bought a new position in shares of IES in the 4th quarter worth $134,000. Finally, Mendota Financial Group LLC bought a new position in shares of IES in the 1st quarter worth $222,000. 86.60% of the stock is currently owned by institutional investors.

IES Company Profile

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.