Key Points
- CEO Sam Darwish sold 124,275 shares on April 7 at an average price of $8.24 (≈$1.02M) under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding from vested equity, trimming his stake by 22.18% to 436,015 shares.
- Other senior executives (EVPs Mohamad Darwish and Stephen Howden) also executed pre‑arranged sales (27,972 and 49,212 shares), which—though tied to tax obligations—could create short‑term negative sentiment or selling pressure.
- IHS shares trade around $8.26 (one‑year range $4.20–$8.95) with a market cap of ≈$2.77B, mixed analyst coverage (consensus "Hold" and $9.61 target), and recent quarter showing a loss (EPS −$0.23) with analysts forecasting negative EPS for the year.
IHS Holding Limited (NYSE:IHS - Get Free Report) EVP Mohamad Darwish sold 27,972 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $8.24, for a total transaction of $230,489.28. Following the completion of the transaction, the executive vice president owned 299,400 shares in the company, valued at $2,467,056. This represents a 8.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Mohamad Darwish also recently made the following trade(s):
- On Wednesday, March 18th, Mohamad Darwish sold 16,153 shares of IHS stock. The stock was sold at an average price of $8.18, for a total transaction of $132,131.54.
IHS Trading Up 0.1%
Shares of NYSE IHS opened at $8.26 on Thursday. The company's fifty day moving average is $8.18 and its 200-day moving average is $7.44. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 20.14 and a beta of 0.81. IHS Holding Limited has a twelve month low of $4.20 and a twelve month high of $8.95. The company has a quick ratio of 2.05, a current ratio of 2.08 and a debt-to-equity ratio of 96.14.
IHS (NYSE:IHS - Get Free Report) last announced its quarterly earnings results on Saturday, February 14th. The business services provider reported ($0.23) earnings per share for the quarter. The firm had revenue of $397.80 million for the quarter. IHS had a negative return on equity of 661.41% and a net margin of 8.12%. Equities research analysts predict that IHS Holding Limited will post -5.58 EPS for the current year.
Institutional Investors Weigh In On IHS
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Merit Financial Group LLC raised its holdings in shares of IHS by 10.7% during the fourth quarter. Merit Financial Group LLC now owns 14,424 shares of the business services provider's stock worth $108,000 after acquiring an additional 1,394 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in shares of IHS during the fourth quarter worth $27,000. Hollow Brook Wealth Management LLC raised its holdings in shares of IHS by 1.0% during the third quarter. Hollow Brook Wealth Management LLC now owns 371,902 shares of the business services provider's stock worth $2,536,000 after acquiring an additional 3,577 shares during the period. Quarry LP raised its holdings in shares of IHS by 545.3% during the third quarter. Quarry LP now owns 4,704 shares of the business services provider's stock worth $32,000 after acquiring an additional 3,975 shares during the period. Finally, Smartleaf Asset Management LLC acquired a new stake in shares of IHS during the fourth quarter worth $30,000. 17.54% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about IHS
Here are the key news stories impacting IHS this week:
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on IHS shares. Zacks Research cut shares of IHS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 27th. TD Cowen cut shares of IHS from a "buy" rating to a "hold" rating and reduced their price target for the stock from $17.00 to $8.50 in a research report on Wednesday, February 18th. Wall Street Zen raised shares of IHS from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 14th. New Street Research cut shares of IHS from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 19th. Finally, Weiss Ratings cut shares of IHS from a "hold (c)" rating to a "sell (d+)" rating in a research report on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $9.61.
View Our Latest Research Report on IHS
About IHS
(
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IHS Inc develops source of information, insight and analytics in different areas of business. The Company's segments include Resources, Transportation and Consolidated Markets & Solutions. The Company's Resources segment includes its Energy and Chemicals product offerings. Its Transportation segment includes its Automotive; Maritime & Trade, and Aerospace, Defense & Security product offerings. Its Consolidated Markets & Solutions segment includes its Product Design; Technology, Media & Telecom, and Economics & Country Risk product offerings.
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