Key Points
- CFO insider sale: IES CFO Tracy Mclauchlin sold 5,000 shares on Dec. 2 at an average price of $411.48 for $2,057,400, leaving her with 65,525 shares (a 7.09% reduction, valued at about $26.96M).
- Recent results and market view: IES reported quarterly EPS of $3.77 on $897.8M revenue with an 8.99% net margin and 36.43% ROE; the stock trades around $419 (12‑month range $146.51–$442.93), $8.33B market cap, and has seen analyst upgrades to "strong‑buy"/"buy" (consensus: Buy).
IES Holdings, Inc. (NASDAQ:IESC - Get Free Report) CFO Tracy Mclauchlin sold 5,000 shares of the company's stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $411.48, for a total value of $2,057,400.00. Following the completion of the sale, the chief financial officer owned 65,525 shares in the company, valued at approximately $26,962,227. This represents a 7.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
IES Trading Up 0.6%
IESC opened at $419.33 on Thursday. IES Holdings, Inc. has a 12-month low of $146.51 and a 12-month high of $442.93. The firm has a 50 day moving average of $392.66 and a two-hundred day moving average of $343.08. The firm has a market capitalization of $8.33 billion, a PE ratio of 27.92 and a beta of 1.75.
IES (NASDAQ:IESC - Get Free Report) last issued its earnings results on Friday, November 21st. The technology company reported $3.77 earnings per share (EPS) for the quarter. IES had a net margin of 8.99% and a return on equity of 36.43%. The firm had revenue of $897.80 million during the quarter.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the company. Wall Street Zen upgraded IES from a "buy" rating to a "strong-buy" rating in a research report on Sunday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of IES in a report on Monday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy".
Get Our Latest Analysis on IESC
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Opal Wealth Advisors LLC purchased a new stake in IES in the 2nd quarter worth $25,000. Global Retirement Partners LLC lifted its stake in IES by 1,014.3% in the 3rd quarter. Global Retirement Partners LLC now owns 78 shares of the technology company's stock valued at $31,000 after buying an additional 71 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in IES by 841.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 113 shares of the technology company's stock worth $33,000 after buying an additional 101 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of IES by 157.9% during the third quarter. SBI Securities Co. Ltd. now owns 98 shares of the technology company's stock valued at $39,000 after acquiring an additional 60 shares during the last quarter. Finally, Spire Wealth Management purchased a new position in shares of IES in the third quarter valued at approximately $40,000. Hedge funds and other institutional investors own 86.60% of the company's stock.
IES Company Profile
(
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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