IES Holdings, Inc. (NASDAQ:IESC – Get Free Report) CEO Jeffrey L. Et Al Gendell sold 47,861 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $158.29, for a total transaction of $7,575,917.69. Following the sale, the chief executive officer now owns 11,036,984 shares of the company’s stock, valued at approximately $1,747,044,197.36. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
IES Trading Up 2.5 %
IES stock opened at $164.19 on Wednesday. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 24.76 and a beta of 1.38. The stock has a 50 day moving average of $160.13 and a two-hundred day moving average of $143.20. IES Holdings, Inc. has a twelve month low of $59.75 and a twelve month high of $196.05.
IES (NASDAQ:IESC – Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The technology company reported $2.67 earnings per share for the quarter. The firm had revenue of $768.40 million for the quarter. IES had a net margin of 6.30% and a return on equity of 34.38%.
Institutional Trading of IES
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of IES from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th.
Read Our Latest Stock Analysis on IES
IES Company Profile
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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