Assenagon Asset Management S.A. Buys 12,242 Shares of IES Holdings, Inc. (NASDAQ:IESC)

Assenagon Asset Management S.A. increased its position in shares of IES Holdings, Inc. (NASDAQ:IESC - Free Report) by 163.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,745 shares of the technology company's stock after purchasing an additional 12,242 shares during the period. Assenagon Asset Management S.A. owned 0.10% of IES worth $1,564,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in IES by 20.8% in 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. Tower Research Capital LLC TRC boosted 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 worth $31,000 after buying an additional 180 shares during the period. Two Sigma Investments LP boosted its stake in shares of IES by 4.1% during the first quarter. Two Sigma Investments LP now owns 6,172 shares of the technology company's stock worth $266,000 after buying an additional 241 shares during the period. Rhumbline Advisers boosted its stake in shares of IES by 3.0% during the third quarter. Rhumbline Advisers now owns 11,915 shares of the technology company's stock worth $785,000 after buying an additional 345 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of IES by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 5,211 shares of the technology company's stock worth $186,000 after buying an additional 351 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Transactions at IES

In related news, CEO Jeffrey L. Et Al Gendell sold 8,200 shares of the stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $85.76, for a total transaction of $703,232.00. Following the completion of the transaction, the chief executive officer now directly owns 11,520,533 shares of the company's stock, valued at $988,000,910.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Jeffrey L. Et Al Gendell sold 8,200 shares of the stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $85.76, for a total transaction of $703,232.00. Following the completion of the transaction, the chief executive officer now directly owns 11,520,533 shares of the company's stock, valued at $988,000,910.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey L. Et Al Gendell sold 3,700 shares of the stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $85.60, for a total transaction of $316,720.00. Following the transaction, the chief executive officer now directly owns 11,500,233 shares of the company's stock, valued at $984,419,944.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 124,494 shares of company stock worth $11,986,437. Company insiders own 59.19% of the company's stock.

IES Trading Up 6.1 %

Shares of IESC traded up $7.68 during mid-day trading on Friday, hitting $133.63. 239,146 shares of the company's stock were exchanged, compared to its average volume of 96,689. IES Holdings, Inc. has a fifty-two week low of $40.00 and a fifty-two week high of $135.48. The firm has a market capitalization of $2.70 billion, a P/E ratio of 25.40 and a beta of 1.34. The business's 50 day moving average is $105.19 and its two-hundred day moving average is $83.37.

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

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.