SG Americas Securities LLC Acquires Shares of 2,624 IES Holdings, Inc. (NASDAQ:IESC)

SG Americas Securities LLC acquired a new stake in IES Holdings, Inc. (NASDAQ:IESC) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,624 shares of the technology company’s stock, valued at approximately $208,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IESC. Exchange Traded Concepts LLC bought a new position in shares of IES during the fourth quarter valued at approximately $370,000. Vanguard Group Inc. raised its holdings in shares of IES by 1.5% during the third quarter. Vanguard Group Inc. now owns 436,085 shares of the technology company’s stock valued at $28,725,000 after acquiring an additional 6,517 shares in the last quarter. American Century Companies Inc. bought a new position in shares of IES during the third quarter valued at approximately $248,000. Deutsche Bank AG raised its holdings in shares of IES by 16.0% during the third quarter. Deutsche Bank AG now owns 4,611 shares of the technology company’s stock valued at $304,000 after acquiring an additional 636 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of IES by 74.9% during the third quarter. The Manufacturers Life Insurance Company now owns 6,429 shares of the technology company’s stock valued at $423,000 after acquiring an additional 2,753 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

IES Stock Down 1.5 %

Shares of IES stock opened at $123.45 on Friday. The company has a market cap of $2.50 billion, a PE ratio of 23.47 and a beta of 1.34. The business has a 50 day moving average of $109.41 and a 200 day moving average of $85.45. IES Holdings, Inc. has a 52 week low of $40.71 and a 52 week high of $138.56.

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

Insider Buying and Selling

In related news, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $87.13, for a total value of $1,420,219.00. Following the sale, the chief executive officer now directly owns 11,503,933 shares of the company’s stock, valued at $1,002,337,682.29. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CEO Jeffrey L. Et Al Gendell sold 3,700 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $85.60, for a total value of $316,720.00. Following the sale, the chief executive officer now directly owns 11,500,233 shares of the company’s stock, valued at $984,419,944.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $87.13, for a total value of $1,420,219.00. Following the completion of the transaction, the chief executive officer now directly owns 11,503,933 shares in the company, valued at approximately $1,002,337,682.29. The disclosure for this sale can be found here. Insiders have sold a total of 124,494 shares of company stock valued at $11,986,437 over the last ninety days. Company insiders own 59.19% of the company’s stock.

IES Company Profile

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.