IES Holdings, Inc. (NASDAQ:IESC) Director David B. Gendell Purchases 1,000 Shares

IES Holdings, Inc. (NASDAQ:IESC – Get Rating) Director David B. Gendell bought 1,000 shares of the firm’s stock in a transaction on Tuesday, May 3rd. The stock was acquired at an average cost of $25.50 per share, with a total value of $25,500.00. Following the transaction, the director now owns 1,000 shares in the company, valued at approximately $25,500. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of IES stock opened at $25.78 on Friday. IES Holdings, Inc. has a twelve month low of $24.94 and a twelve month high of $56.24. The company has a quick ratio of 1.41, a current ratio of 1.54 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average price of $39.05 and a 200-day moving average price of $45.54. The firm has a market cap of $535.97 million, a price-to-earnings ratio of 10.83 and a beta of 1.36.

IES (NASDAQ:IESC – Get Rating) last released its quarterly earnings results on Wednesday, February 2nd. The technology company reported $0.83 earnings per share for the quarter. The business had revenue of $480.50 million during the quarter. IES had a return on equity of 16.85% and a net margin of 2.71%.

Several hedge funds have recently bought and sold shares of the stock. National Bank of Canada FI bought a new stake in IES in the first quarter worth $1,486,000. Exchange Traded Concepts LLC increased its holdings in shares of IES by 6.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 11,744 shares of the technology company’s stock worth $472,000 after buying an additional 755 shares during the last quarter. Barclays PLC raised its position in shares of IES by 149.1% during the 4th quarter. Barclays PLC now owns 10,511 shares of the technology company’s stock valued at $532,000 after buying an additional 6,292 shares in the last quarter. BlackRock Inc. raised its position in shares of IES by 3.0% during the 4th quarter. BlackRock Inc. now owns 702,450 shares of the technology company’s stock valued at $35,572,000 after buying an additional 20,218 shares in the last quarter. Finally, Wexford Capital LP purchased a new position in IES in the fourth quarter worth about $314,000. 83.32% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have recently weighed in on IESC. StockNews.com initiated coverage on shares of IES in a research note on Thursday, March 31st. They set a “buy” rating on the stock. TheStreet cut IES from a “b-” rating to a “c+” rating in a report on Friday, April 29th.

IES Company Profile (Get Rating)

IES Holdings, Inc designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States. Its Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities.

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