Vanguard Group Inc. Has $28.73 Million Holdings in IES Holdings, Inc. (NASDAQ:IESC)

Vanguard Group Inc. grew its position in IES Holdings, Inc. (NASDAQ:IESC) by 1.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 436,085 shares of the technology company’s stock after acquiring an additional 6,517 shares during the quarter. Vanguard Group Inc.’s holdings in IES were worth $28,725,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. FMR LLC increased its position in IES by 12.4% in the 3rd quarter. FMR LLC now owns 1,106,623 shares of the technology company’s stock worth $72,893,000 after purchasing an additional 121,978 shares during the last quarter. Bank of New York Mellon Corp increased its position in IES by 27.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 39,480 shares of the technology company’s stock worth $2,601,000 after purchasing an additional 8,496 shares during the last quarter. Acadian Asset Management LLC acquired a new position in IES in the 3rd quarter worth about $41,000. Alps Advisors Inc. acquired a new position in IES in the 3rd quarter worth about $314,000. Finally, Allspring Global Investments Holdings LLC increased its position in IES by 1,078.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 589 shares of the technology company’s stock worth $39,000 after purchasing an additional 539 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $87.13, for a total transaction of $1,420,219.00. Following the transaction, the chief executive officer now owns 11,503,933 shares of the company’s stock, valued at approximately $1,002,337,682.29. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Jeffrey L. Et Al Gendell sold 16,300 shares of the stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $87.13, for a total transaction of $1,420,219.00. Following the completion of the sale, the chief executive officer now owns 11,503,933 shares in the company, valued at approximately $1,002,337,682.29. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Matthew J. Simmes sold 4,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $102.04, for a total value of $408,160.00. Following the sale, the chief operating officer now owns 87,110 shares of the company’s stock, valued at approximately $8,888,704.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 124,494 shares of company stock valued at $11,986,437. Insiders own 59.19% of the company’s stock.

IES Price Performance

Shares of IESC stock opened at $123.45 on Friday. IES Holdings, Inc. has a fifty-two week low of $40.71 and a fifty-two week high of $138.56. The stock’s 50-day moving average is $109.41 and its two-hundred day moving average is $85.45. The firm has a market cap of $2.50 billion, a P/E ratio of 23.47 and a beta of 1.34.

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

About IES

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.