New York State Common Retirement Fund Has $5.68 Million Holdings in IES Holdings, Inc. (NASDAQ:IESC)

New York State Common Retirement Fund cut its position in IES Holdings, Inc. (NASDAQ:IESC - Free Report) by 12.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,401 shares of the technology company's stock after selling 4,860 shares during the quarter. New York State Common Retirement Fund owned approximately 0.17% of IES worth $5,680,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC acquired a new stake in shares of IES in the first quarter valued at about $36,000. National Bank of Canada FI acquired a new stake in IES in the 4th quarter valued at approximately $54,000. Harbour Investments Inc. acquired a new stake in IES in the 4th quarter valued at approximately $71,000. Comerica Bank increased its position in IES by 44.9% in the 4th quarter. Comerica Bank now owns 507 shares of the technology company's stock worth $102,000 after buying an additional 157 shares during the period. Finally, Contravisory Investment Management Inc. boosted its position in shares of IES by 162.5% in the first quarter. Contravisory Investment Management Inc. now owns 882 shares of the technology company's stock valued at $146,000 after acquiring an additional 546 shares during the period. Institutional investors own 86.60% of the company's stock.

IES Stock Up 1.5%

IES stock traded up $4.81 during mid-day trading on Thursday, reaching $328.31. The company had a trading volume of 97,930 shares, compared to its average volume of 155,261. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of 27.47 and a beta of 1.63. The company has a 50 day moving average of $283.16 and a 200-day moving average of $233.01. IES Holdings, Inc. has a 52 week low of $129.16 and a 52 week high of $334.48.

IES (NASDAQ:IESC - Get Free Report) last issued its earnings results on Friday, May 2nd. The technology company reported $3.30 EPS for the quarter. IES had a return on equity of 36.49% and a net margin of 7.76%. The business had revenue of $834.00 million during the quarter.

Insider Activity

In other news, CEO Jeffrey L. Et Al Gendell sold 27,144 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $275.92, for a total value of $7,489,572.48. Following the completion of the sale, the chief executive officer directly owned 10,930,040 shares in the company, valued at approximately $3,015,816,636.80. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 39,630 shares of company stock valued at $10,915,095 in the last three months. Insiders own 56.76% 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.