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

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

IES Stock Performance

The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 25.95 and a beta of 1.34. The firm’s 50-day simple moving average is $115.89 and its two-hundred day simple moving average is $90.07.

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

Insider Buying and Selling at IES

In other IES news, CEO Jeffrey L. Et Al Gendell sold 28,171 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $93.27, for a total value of $2,627,509.17. Following the completion of the sale, the chief executive officer now owns 11,428,544 shares in the company, valued at approximately $1,065,940,298.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Jeffrey L. Et Al Gendell sold 3,700 shares of the firm’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $85.60, for a total value of $316,720.00. Following the transaction, the chief executive officer now owns 11,500,233 shares of the company’s stock, valued at approximately $984,419,944.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey L. Et Al Gendell sold 28,171 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $93.27, for a total transaction of $2,627,509.17. Following the completion of the transaction, the chief executive officer now directly owns 11,428,544 shares in the company, valued at approximately $1,065,940,298.88. The disclosure for this sale can be found here. In the last 90 days, insiders sold 116,294 shares of company stock worth $11,283,205. 59.19% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IESC. Breach Inlet Capital Management LLC bought a new position in shares of IES in the 4th quarter valued at about $10,239,000. FMR LLC boosted its stake in IES by 12.4% during the 3rd quarter. FMR LLC now owns 1,106,623 shares of the technology company’s stock worth $72,893,000 after acquiring an additional 121,978 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in IES by 302.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 79,388 shares of the technology company’s stock worth $9,657,000 after acquiring an additional 59,643 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in IES during the 3rd quarter worth approximately $1,599,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in IES during the 1st quarter worth approximately $1,692,000. Institutional investors own 86.60% of the company’s stock.

About IES

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.