IES (NASDAQ:IESC) Sets New 1-Year High at $139.46

IES Holdings, Inc. (NASDAQ:IESC - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $139.46 and last traded at $137.30, with a volume of 60020 shares traded. The stock had previously closed at $134.98.

IES Stock Up 0.1 %

The company has a 50 day moving average of $115.89 and a 200 day moving average of $90.07. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 25.69 and a beta of 1.34.

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

Insider Activity at IES

In other IES news, CFO Tracy Mclauchlin sold 5,000 shares of the firm's stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $115.14, for a total transaction of $575,700.00. Following the completion of the transaction, the chief financial officer now directly owns 69,377 shares of the company's stock, valued at approximately $7,988,067.78. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other IES news, CFO Tracy Mclauchlin sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $115.14, for a total transaction of $575,700.00. Following the sale, the chief financial officer now owns 69,377 shares in the company, valued at $7,988,067.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of IES stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $87.13, for a total value of $1,420,219.00. Following the completion of the transaction, the chief executive officer now owns 11,503,933 shares of the company's stock, valued at approximately $1,002,337,682.29. The disclosure for this sale can be found here. Insiders have sold 116,294 shares of company stock valued at $11,283,205 over the last ninety days. Corporate insiders own 59.19% of the company's stock.

Institutional Trading of IES

Several institutional investors have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its holdings in shares of IES by 163.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 19,745 shares of the technology company's stock valued at $1,564,000 after buying an additional 12,242 shares during the period. FMR LLC grew its holdings in shares of IES by 12.4% during the third quarter. FMR LLC now owns 1,106,623 shares of the technology company's stock valued at $72,893,000 after purchasing an additional 121,978 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of IES by 27.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 39,480 shares of the technology company's stock worth $2,601,000 after purchasing an additional 8,496 shares during the period. Vanguard Group Inc. lifted its holdings in shares of IES by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 436,085 shares of the technology company's stock worth $28,725,000 after purchasing an additional 6,517 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in IES during the 4th quarter valued at approximately $208,000. Institutional investors own 86.60% 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.