IES Holdings, Inc. (NASDAQ:IESC) Director Jennifer A. Baldock Acquires 1,000 Shares

IES Holdings, Inc. (NASDAQ:IESCGet Rating) Director Jennifer A. Baldock acquired 1,000 shares of the company’s stock in a transaction dated Friday, May 6th. The shares were purchased at an average cost of $26.96 per share, for a total transaction of $26,960.00. Following the purchase, the director now directly owns 1,450 shares in the company, valued at $39,092. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

IES stock opened at $26.88 on Tuesday. IES Holdings, Inc. has a 1 year low of $24.94 and a 1 year 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 company has a fifty day moving average of $38.48. The firm has a market cap of $558.78 million, a PE ratio of 11.29 and a beta of 1.36.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Scotia Capital Inc. boosted its stake in IES by 81.0% during the 1st quarter. Scotia Capital Inc. now owns 18,731 shares of the technology company’s stock worth $753,000 after purchasing an additional 8,385 shares during the last quarter. Swiss National Bank boosted its stake in IES by 7.8% during the 1st quarter. Swiss National Bank now owns 22,200 shares of the technology company’s stock worth $892,000 after purchasing an additional 1,600 shares during the last quarter. IndexIQ Advisors LLC boosted its stake in IES by 18.3% during the 1st quarter. IndexIQ Advisors LLC now owns 9,906 shares of the technology company’s stock worth $398,000 after purchasing an additional 1,529 shares during the last quarter. National Bank of Canada FI acquired a new stake in IES during the 1st quarter worth $1,486,000. Finally, Exchange Traded Concepts LLC boosted its stake in IES by 6.9% during the 1st quarter. Exchange Traded Concepts LLC now owns 11,744 shares of the technology company’s stock worth $472,000 after purchasing an additional 755 shares during the last quarter. 83.32% of the stock is currently owned by institutional investors.

A number of equities research analysts recently issued reports on the stock. StockNews.com cut shares of IES from a “buy” rating to a “hold” rating in a research note on Friday. TheStreet cut shares of IES from a “b-” rating to a “c+” rating in a research note on Friday, April 29th.

About IES (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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