Key Points
- Insider sale: On December 15, insider Matthew Michael Allen sold 700 IES shares at an average price of $457.95 for $320,565, cutting his ownership by 38.93% and leaving him with 1,098 shares valued at $502,829.10.
- Company performance: IES opened at $403.75, has a market cap of $8.01 billion and a P/E of 26.88, and recently reported quarterly EPS of $3.77 on $897.8 million in revenue (net margin 8.99%, ROE 36.43%), with a 52‑week range of $146.51–$482.35.
- Investor and analyst sentiment: Institutional investors own 86.6% of the stock after several funds adjusted stakes, and analysts hold a consensus "Buy" rating, including a recent upgrade to "Strong‑Buy" from Wall Street Zen and a reaffirmed buy from Weiss Ratings.
IES Holdings, Inc. (NASDAQ:IESC - Get Free Report) insider Matthew Michael Allen sold 700 shares of the business's stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $457.95, for a total value of $320,565.00. Following the transaction, the insider directly owned 1,098 shares in the company, valued at $502,829.10. This trade represents a 38.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
IES Stock Up 1.4%
Shares of NASDAQ:IESC opened at $403.75 on Friday. The company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 26.88 and a beta of 1.75. The company has a 50 day moving average of $403.49 and a two-hundred day moving average of $357.03. IES Holdings, Inc. has a 52-week low of $146.51 and a 52-week high of $482.35.
IES (NASDAQ:IESC - Get Free Report) last posted its earnings results on Friday, November 21st. The technology company reported $3.77 EPS for the quarter. The business had revenue of $897.80 million for the quarter. IES had a net margin of 8.99% and a return on equity of 36.43%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. lifted its holdings in shares of IES by 1.8% in the 1st quarter. American Century Companies Inc. now owns 53,699 shares of the technology company's stock worth $8,866,000 after purchasing an additional 966 shares during the last quarter. Atria Investments Inc acquired a new stake in IES in the second quarter worth $291,000. Credit Agricole S A increased its position in IES by 52.5% in the first quarter. Credit Agricole S A now owns 12,382 shares of the technology company's stock worth $2,044,000 after buying an additional 4,262 shares during the period. Vanguard Personalized Indexing Management LLC bought a new stake in IES in the second quarter valued at $243,000. Finally, Apis Capital Advisors LLC boosted its holdings in shares of IES by 71.6% during the first quarter. Apis Capital Advisors LLC now owns 38,000 shares of the technology company's stock valued at $6,274,000 after acquiring an additional 15,860 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have weighed in on IESC. Wall Street Zen raised shares of IES from a "buy" rating to a "strong-buy" rating in a research report on Sunday, November 30th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of IES in a research report on Monday, December 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy".
Get Our Latest Stock Analysis on IES
About IES
(
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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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