IES (NASDAQ:IESC) Sets New 52-Week High at $128.24

IES Holdings, Inc. (NASDAQ:IESC - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $128.24 and last traded at $128.19, with a volume of 40885 shares traded. The stock had previously closed at $125.30.

IES Price Performance

The company has a market cap of $2.56 billion, a PE ratio of 24.43 and a beta of 1.34. The company has a 50-day moving average of $102.39 and a 200 day moving average of $82.32.

IES (NASDAQ:IESC - Get Free Report) last released its quarterly earnings results on Friday, February 2nd. The technology company reported $1.87 EPS for the quarter. The company had revenue of $634.40 million during the quarter. IES had a return on equity of 26.83% and a net margin of 4.41%.

Insider Buying and Selling at IES

In other IES news, CEO Jeffrey L. Et Al Gendell sold 3,700 shares of the business's stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $85.60, for a total transaction of $316,720.00. Following the completion of the transaction, the chief executive officer now owns 11,500,233 shares in the company, valued at $984,419,944.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other IES news, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the business's stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $87.13, for a total transaction of $1,420,219.00. Following the completion of the transaction, the chief executive officer now owns 11,503,933 shares in the company, valued at $1,002,337,682.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey L. Et Al Gendell sold 3,700 shares of the business's stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $85.60, for a total value of $316,720.00. Following the transaction, the chief executive officer now owns 11,500,233 shares of the company's stock, valued at approximately $984,419,944.80. The disclosure for this sale can be found here. Insiders sold 124,494 shares of company stock worth $11,986,437 over the last 90 days. Company insiders own 59.19% of the company's stock.

Institutional Trading of IES

Several institutional investors and hedge funds have recently modified their holdings of IESC. Great West Life Assurance Co. Can raised its stake in shares of IES by 209.0% during the first quarter. Great West Life Assurance Co. Can now owns 655 shares of the technology company's stock valued at $28,000 after acquiring an additional 443 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of IES by 49.0% during the second quarter. Tower Research Capital LLC TRC now owns 547 shares of the technology company's stock valued at $31,000 after acquiring an additional 180 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of IES by 1,078.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 589 shares of the technology company's stock valued at $39,000 after acquiring an additional 539 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of IES during the third quarter valued at approximately $41,000. Finally, Royal Bank of Canada raised its stake in shares of IES by 20.8% during the second quarter. Royal Bank of Canada now owns 946 shares of the technology company's stock valued at $54,000 after acquiring an additional 163 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

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.