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 business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $252.25, for a total transaction 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 represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

IES Trading Up 3.7 %

NASDAQ:IESC opened at $213.03 on Friday. IES Holdings, Inc. has a twelve month low of $76.26 and a twelve month high of $320.08. The company has a market cap of $4.25 billion, a P/E ratio of 21.54 and a beta of 1.45. The company’s 50-day moving average price is $251.10 and its 200-day moving average price is $191.70.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Gladius Capital Management LP purchased a new stake in shares of IES in the third quarter valued at approximately $44,000. Federated Hermes Inc. boosted its stake 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 during the last quarter. Quest Partners LLC grew its holdings in IES by 41.0% in the 2nd quarter. Quest Partners LLC now owns 296 shares of the technology company’s stock valued at $41,000 after buying an additional 86 shares in the last quarter. CWM LLC grew 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 buying an additional 100 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC acquired a new stake in shares of IES in the 3rd quarter worth $220,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.