Jeffrey L. Et Al Gendell Sells 470 Shares of IES Holdings, Inc. (NASDAQ:IESC) Stock

IES Holdings, Inc. (NASDAQ:IESC) CEO Jeffrey L. Et Al Gendell sold 470 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $252.25, for a total value of $118,557.50. Following the sale, the chief executive officer now directly owns 10,957,184 shares of the company’s stock, valued at $2,763,949,664. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

IES Price Performance

IESC stock opened at $205.41 on Thursday. IES Holdings, Inc. has a one year low of $76.26 and a one year high of $320.08. The company has a fifty day moving average price of $251.05 and a two-hundred day moving average price of $191.55. The stock has a market cap of $4.10 billion, a price-to-earnings ratio of 20.77 and a beta of 1.45.

Analyst Ratings Changes

Separately, StockNews.com raised IES from a “hold” rating to a “buy” rating in a report on Tuesday, December 10th.

Institutional Investors Weigh In On IES

Institutional investors have recently bought and sold shares of the stock. Quest Partners LLC boosted its holdings in shares of IES by 41.0% in the second quarter. Quest Partners LLC now owns 296 shares of the technology company’s stock worth $41,000 after acquiring an additional 86 shares during the period. Andina Capital Management LLC increased its holdings in IES by 4.0% during the 3rd quarter. Andina Capital Management LLC now owns 2,496 shares of the technology company’s stock worth $498,000 after acquiring an additional 96 shares during the period. CWM LLC boosted its holdings in IES by 17.2% in the 3rd quarter. CWM LLC now owns 682 shares of the technology company’s stock valued at $136,000 after purchasing an additional 100 shares during the period. Cetera Investment Advisers increased its holdings in shares of IES by 2.2% in the second quarter. Cetera Investment Advisers now owns 8,690 shares of the technology company’s stock worth $1,211,000 after purchasing an additional 190 shares during the period. Finally, Federated Hermes Inc. grew its position in IES by 258.7% during the second quarter. Federated Hermes Inc. now owns 269 shares of the technology company’s stock worth $37,000 after buying an additional 194 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

About IES

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.