IES Holdings, Inc. (NASDAQ:IESC - Get Free Report) Chairman Jeffrey Et Al Gendell sold 320 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $520.43, for a total transaction of $166,537.60. Following the completion of the sale, the chairman owned 10,587,161 shares of the company's stock, valued at approximately $5,509,876,199.23. The trade was a 0.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
IES Price Performance
IESC opened at $500.85 on Wednesday. The company's 50-day moving average is $438.07 and its 200 day moving average is $399.46. IES Holdings, Inc. has a fifty-two week low of $146.51 and a fifty-two week high of $537.70. The firm has a market capitalization of $9.98 billion, a P/E ratio of 29.79 and a beta of 1.72.
IES (NASDAQ:IESC - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The technology company reported $3.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.94 by ($0.23). The firm had revenue of $870.96 million during the quarter, compared to the consensus estimate of $876.00 million. IES had a return on equity of 35.62% and a net margin of 9.70%.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. Loop Capital set a $458.00 price target on IES in a report on Tuesday, February 3rd. Wall Street Zen cut IES from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 7th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of IES in a research report on Monday, December 22nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $458.00.
Get Our Latest Report on IESC
Trending Headlines about IES
Here are the key news stories impacting IES this week:
- Positive Sentiment: Institutional buying and high institutional ownership — Multiple funds (Mirae Asset, UBS AM, Vanguard Personalized Indexing and others) have recently added or increased stakes; roughly 86.6% of shares are institutionally owned, which can support liquidity and limit volatility. MarketBeat IESC Profile
- Positive Sentiment: Chairman still heavily invested — Despite the sales, Jeffrey Gendell continues to hold more than ~10.58 million shares, signaling significant ongoing insider alignment with shareholder outcomes. InsiderTrades Alert
- Neutral Sentiment: Analyst stance mixed but generally positive — A few firms maintain Buy ratings (Weiss, Loop Capital’s $458 target), while at least one recently trimmed a "strong-buy" to "buy." Current consensus target sits below recent trading levels, which may cap near-term upside. MarketBeat IESC Profile
- Neutral Sentiment: Short-interest data currently not meaningful — reported short-interest figures in recent feeds appear to show zero shares (likely a reporting anomaly), so short-position pressure is not a clear factor today.
- Negative Sentiment: Insider selling by the chairman — Jeffrey Gendell sold 5,048 shares on Feb. 12 at ~$529.50 (~$2.67M), 2,791 shares on Feb. 13 at ~$520.10 (~$1.45M) and 320 shares on Feb. 17 at ~$520.43 (~$0.17M). Although these sales represent a very small percentage of his holdings (~0.03–0.05% per filing), clustered insider sales can weigh on sentiment and share price in the short term. Chairman Sells 5,048 Shares InsiderTrades Alert
- Negative Sentiment: Recent earnings miss — IESC reported Q4 EPS of $3.71 vs. consensus $3.94 and revenue of $870.96M vs. $876M consensus, a modest miss that likely pressured the stock multiple given recent high valuation (PE ~29.8). MarketBeat IESC Profile
Institutional Investors Weigh In On IES
Large investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in IES by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the technology company's stock valued at $810,000 after acquiring an additional 223 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of IES by 6.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 22,787 shares of the technology company's stock worth $3,762,000 after purchasing an additional 1,435 shares in the last quarter. Vanguard Personalized Indexing Management LLC purchased a new position in shares of IES in the second quarter worth about $243,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of IES in the second quarter valued at approximately $1,452,000. Finally, Peterson Wealth Services lifted its stake in shares of IES by 4.0% during the 2nd quarter. Peterson Wealth Services now owns 3,698 shares of the technology company's stock valued at $1,095,000 after buying an additional 143 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.
IES Company Profile
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Get Free Report)
IES Holdings, Inc (NASDAQ: IESC) is a specialty contractor providing integrated electrical and mechanical construction services, engineering, and systems integration across North America. The company focuses on delivering end-to-end solutions for commercial, industrial and mission-critical facilities, combining design, build, commission and maintenance capabilities to serve a wide range of markets.
Through its subsidiaries, IES offers a comprehensive portfolio of services including electrical distribution and infrastructure, mechanical contracting, process piping, controls and automation, energy management, and ongoing service and maintenance.
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