IES Holdings Inc (NASDAQ:IESC) Director David B. Gendell purchased 4,000 shares of the stock in a transaction on Friday, February 9th. The stock was acquired at an average cost of $15.60 per share, for a total transaction of $62,400.00. Following the acquisition, the director now owns 126,475 shares in the company, valued at $1,973,010. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of IES Holdings Inc (IESC) opened at $15.90 on Wednesday. IES Holdings Inc has a 1-year low of $14.05 and a 1-year high of $20.85. The firm has a market capitalization of $340.34, a PE ratio of -16.74 and a beta of 0.71. The company has a quick ratio of 1.50, a current ratio of 1.63 and a debt-to-equity ratio of 0.14.
IES (NASDAQ:IESC) last released its quarterly earnings results on Friday, December 8th. The technology company reported $0.28 earnings per share for the quarter. IES had a positive return on equity of 5.86% and a negative net margin of 2.46%. The firm had revenue of $206.60 million for the quarter.
IESC has been the topic of several recent analyst reports. BidaskClub raised IES from a “hold” rating to a “buy” rating in a report on Thursday, December 14th. TheStreet cut IES from a “b” rating to a “c” rating in a report on Wednesday, February 7th.
Large investors have recently added to or reduced their stakes in the business. IndexIQ Advisors LLC raised its holdings in shares of IES by 83.0% in the 3rd quarter. IndexIQ Advisors LLC now owns 47,884 shares of the technology company’s stock valued at $828,000 after acquiring an additional 21,719 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of IES by 13.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 55,590 shares of the technology company’s stock valued at $1,009,000 after acquiring an additional 6,793 shares in the last quarter. Boothbay Fund Management LLC raised its holdings in shares of IES by 27.1% in the 3rd quarter. Boothbay Fund Management LLC now owns 45,258 shares of the technology company’s stock valued at $783,000 after acquiring an additional 9,646 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of IES by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 342,436 shares of the technology company’s stock valued at $6,215,000 after acquiring an additional 7,703 shares in the last quarter. Finally, Malaga Cove Capital LLC raised its holdings in shares of IES by 82.2% in the 3rd quarter. Malaga Cove Capital LLC now owns 38,042 shares of the technology company’s stock valued at $679,000 after acquiring an additional 17,167 shares in the last quarter. 78.23% of the stock is currently owned by hedge funds and other institutional investors.
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IES Holdings, Inc, formerly Integrated Electrical Services, Inc, is a holding company that owns and manages diverse operating subsidiaries across a range of infrastructure-related end markets. The Company operates through four segments: Communications, Residential, Commercial & Industrial, and Infrastructure Solutions.
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