Trexquant Investment LP Has $732,000 Stock Holdings in IES Holdings, Inc. (NASDAQ:IESC)

Trexquant Investment LP lessened its holdings in IES Holdings, Inc. (NASDAQ:IESCFree Report) by 19.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,237 shares of the technology company’s stock after selling 2,238 shares during the period. Trexquant Investment LP’s holdings in IES were worth $732,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. FMR LLC boosted its position in IES by 12.4% during the third quarter. FMR LLC now owns 1,106,623 shares of the technology company’s stock valued at $72,893,000 after purchasing an additional 121,978 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in IES by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 728,832 shares of the technology company’s stock valued at $57,739,000 after purchasing an additional 7,680 shares during the last quarter. Vanguard Group Inc. boosted its position in 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 purchasing an additional 6,517 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in IES by 12.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 87,243 shares of the technology company’s stock valued at $6,911,000 after purchasing an additional 9,463 shares during the last quarter. Finally, Coombe Bender & Co LLC boosted its position in IES by 2.8% during the fourth quarter. Coombe Bender & Co LLC now owns 62,647 shares of the technology company’s stock valued at $4,963,000 after purchasing an additional 1,683 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

IES Price Performance

Shares of NASDAQ:IESC opened at $152.45 on Friday. IES Holdings, Inc. has a fifty-two week low of $46.46 and a fifty-two week high of $184.38. The business has a 50-day moving average of $141.00 and a two-hundred day moving average of $106.01. The stock has a market capitalization of $3.09 billion, a P/E ratio of 22.99 and a beta of 1.31.

IES (NASDAQ:IESCGet Free Report) last announced its quarterly earnings results on Friday, May 3rd. The technology company reported $2.29 earnings per share for the quarter. IES had a return on equity of 30.22% and a net margin of 5.27%. The company had revenue of $705.80 million during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com raised IES from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 23rd.

Read Our Latest Report on IESC

Insiders Place Their Bets

In other IES news, CEO Jeffrey L. Et Al Gendell sold 3,251 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $160.50, for a total value of $521,785.50. Following the completion of the sale, the chief executive officer now owns 11,406,594 shares of the company’s stock, valued at $1,830,758,337. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, COO Matthew J. Simmes sold 14,000 shares of IES stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $170.52, for a total value of $2,387,280.00. Following the transaction, the chief operating officer now directly owns 73,110 shares in the company, valued at $12,466,717.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey L. Et Al Gendell sold 3,251 shares of IES stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $160.50, for a total value of $521,785.50. Following the completion of the transaction, the chief executive officer now owns 11,406,594 shares in the company, valued at $1,830,758,337. The disclosure for this sale can be found here. Insiders sold 50,764 shares of company stock valued at $6,708,253 over the last quarter. Insiders own 59.19% of the company’s stock.

IES Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for IES (NASDAQ:IESC)

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