IES Holdings, Inc. (NASDAQ:IESC) CEO Sells $118,557.50 in Stock

IES Holdings, Inc. (NASDAQ:IESC) CEO Jeffrey L. Et Al Gendell sold 470 shares of IES stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $252.25, for a total transaction of $118,557.50. Following the sale, the chief executive officer now owns 10,957,184 shares in the company, valued at approximately $2,763,949,664. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

IES Trading Down 0.2 %

Shares of IESC opened at $212.50 on Friday. The stock’s 50-day moving average price is $251.10 and its two-hundred day moving average price is $191.70. IES Holdings, Inc. has a 12 month low of $76.26 and a 12 month high of $320.08. The company has a market capitalization of $4.24 billion, a PE ratio of 21.49 and a beta of 1.45.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of IES from a “hold” rating to a “buy” rating in a report on Tuesday, December 10th.

Hedge Funds Weigh In On IES

A number of hedge funds and other institutional investors have recently made changes to their positions in IESC. Federated Hermes Inc. increased its position in IES by 258.7% during the 2nd quarter. Federated Hermes Inc. now owns 269 shares of the technology company’s stock valued at $37,000 after purchasing an additional 194 shares during the period. Quest Partners LLC boosted its stake in shares of IES by 41.0% in the 2nd quarter. Quest Partners LLC now owns 296 shares of the technology company’s stock valued at $41,000 after purchasing an additional 86 shares during the last quarter. Gladius Capital Management LP acquired a new stake in shares of IES during the third quarter worth $44,000. CWM LLC raised its stake in IES by 17.2% during the third quarter. CWM LLC now owns 682 shares of the technology company’s stock worth $136,000 after buying an additional 100 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in IES in the second quarter valued at $170,000. 86.60% of the stock is owned by institutional investors and hedge funds.

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.