IES Holdings Inc (NASDAQ:IESC) Director Todd M. Cleveland bought 1,500 shares of the stock in a transaction that occurred on Friday, December 29th. The stock was acquired at an average price of $17.03 per share, for a total transaction of $25,545.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of IES Holdings Inc (IESC) traded down $0.10 during mid-day trading on Wednesday, hitting $16.95. The stock had a trading volume of 24,300 shares, compared to its average volume of 22,000. IES Holdings Inc has a one year low of $14.05 and a one year high of $21.95. The firm has a market cap of $360.66, a PE ratio of 27.34 and a beta of 0.68. The company has a current ratio of 1.54, a quick ratio of 1.43 and a debt-to-equity ratio of 0.12.

Separately, BidaskClub upgraded IES from a “hold” rating to a “buy” rating in a research report on Thursday, December 14th.

Several hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in shares of IES by 13.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 55,590 shares of the technology company’s stock worth $1,009,000 after acquiring an additional 6,793 shares during the last quarter. IndexIQ Advisors LLC grew its holdings in shares of IES by 83.0% in the 3rd quarter. IndexIQ Advisors LLC now owns 47,884 shares of the technology company’s stock worth $828,000 after acquiring an additional 21,719 shares during the last quarter. Malaga Cove Capital LLC grew its holdings in shares of IES by 82.2% in the 3rd quarter. Malaga Cove Capital LLC now owns 38,042 shares of the technology company’s stock worth $679,000 after acquiring an additional 17,167 shares during the last quarter. Boothbay Fund Management LLC grew its holdings in shares of IES by 27.1% in the 3rd quarter. Boothbay Fund Management LLC now owns 45,258 shares of the technology company’s stock worth $783,000 after acquiring an additional 9,646 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of IES by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 342,436 shares of the technology company’s stock worth $6,215,000 after acquiring an additional 7,703 shares during the last quarter. Institutional investors own 77.99% of the company’s stock.

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About IES

IES Holdings, Inc, formerly Integrated Electrical Services, Inc, is a holding company that owns and manages diverse operating subsidiaries across a range of infrastructure-related end markets. The Company operates through four segments: Communications, Residential, Commercial & Industrial, and Infrastructure Solutions.

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