10,039 Shares in IES Holdings, Inc. (NASDAQ:IESC) Bought by Oakwell Private Wealth Management LLC

Oakwell Private Wealth Management LLC purchased a new stake in shares of IES Holdings, Inc. (NASDAQ:IESC - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,039 shares of the technology company's stock, valued at approximately $1,658,000. IES comprises approximately 0.5% of Oakwell Private Wealth Management LLC's holdings, making the stock its 25th largest holding. Oakwell Private Wealth Management LLC owned 0.05% of IES as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in IESC. Summit Investment Advisors Inc. grew its position in IES by 6.6% during the 4th quarter. Summit Investment Advisors Inc. now owns 861 shares of the technology company's stock worth $173,000 after purchasing an additional 53 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in IES by 7.6% in the first quarter. Summit Trail Advisors LLC now owns 1,338 shares of the technology company's stock worth $221,000 after purchasing an additional 95 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in IES by 1.1% in the first quarter. Principal Financial Group Inc. now owns 8,447 shares of the technology company's stock worth $1,395,000 after purchasing an additional 95 shares in the last quarter. Wexford Capital LP lifted its position in IES by 7.0% during the 4th quarter. Wexford Capital LP now owns 2,300 shares of the technology company's stock worth $462,000 after acquiring an additional 150 shares during the last quarter. Finally, Comerica Bank lifted its position in IES by 44.9% during the 4th quarter. Comerica Bank now owns 507 shares of the technology company's stock worth $102,000 after acquiring an additional 157 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

Insider Activity at IES

In other IES news, CEO Jeffrey L. Et Al Gendell sold 5,764 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $273.59, for a total value of $1,576,972.76. Following the transaction, the chief executive officer directly owned 10,917,554 shares of the company's stock, valued at approximately $2,986,933,598.86. This trade represents a 0.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 39,630 shares of company stock worth $10,915,095 over the last quarter. 56.76% of the stock is owned by corporate insiders.

IES Stock Performance

Shares of IESC traded up $26.81 during trading hours on Friday, reaching $355.12. 80,463 shares of the company traded hands, compared to its average volume of 191,223. The stock has a market cap of $7.05 billion, a P/E ratio of 29.71 and a beta of 1.63. The stock's fifty day moving average is $283.16 and its 200 day moving average is $233.01. IES Holdings, Inc. has a 1-year low of $129.16 and a 1-year high of $370.88.

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

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.