IES Holdings Inc (IESC) Director David B. Gendell Acquires 4,000 Shares

IES Holdings Inc (NASDAQ:IESC) Director David B. Gendell bought 4,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were purchased at an average price of $15.60 per share, for a total transaction of $62,400.00. Following the purchase, the director now owns 126,475 shares in the company, valued at approximately $1,973,010. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

IES Holdings Inc (IESC) traded down $0.05 during midday trading on Monday, reaching $15.80. 20,741 shares of the company’s stock were exchanged, compared to its average volume of 37,657. IES Holdings Inc has a 12 month low of $14.05 and a 12 month high of $21.35. The company has a market cap of $338.22, a PE ratio of -16.51 and a beta of 0.71. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.50 and a current ratio of 1.63.

IES (NASDAQ:IESC) last released its earnings results on Friday, December 8th. The technology company reported $0.28 EPS for the quarter. IES had a negative net margin of 2.46% and a positive return on equity of 5.86%. The company had revenue of $206.60 million for the quarter.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citigroup Inc. raised its stake in IES by 7,445.0% during the 2nd quarter. Citigroup Inc. now owns 7,545 shares of the technology company’s stock worth $137,000 after acquiring an additional 7,445 shares during the period. The Manufacturers Life Insurance Company grew its holdings in IES by 1,141.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,585 shares of the technology company’s stock valued at $130,000 after buying an additional 6,974 shares in the last quarter. Bank of Montreal Can purchased a new stake in IES during the 4th quarter valued at approximately $132,000. Acadian Asset Management LLC purchased a new stake in IES during the 4th quarter valued at approximately $153,000. Finally, Rhumbline Advisers purchased a new stake in IES during the 2nd quarter valued at approximately $214,000. Institutional investors own 78.23% of the company’s stock.

A number of equities research analysts have commented on the stock. BidaskClub upgraded shares of IES from a “hold” rating to a “buy” rating in a research note on Thursday, December 14th. TheStreet cut shares of IES from a “b” rating to a “c” rating in a research note on Wednesday, February 7th.

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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.

Insider Buying and Selling by Quarter for IES (NASDAQ:IESC)

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