IES Holdings Inc (NASDAQ:IESC) CEO Gary S. Matthews bought 1,200 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average cost of $17.96 per share, for a total transaction of $21,552.00. Following the completion of the transaction, the chief executive officer now directly owns 260,000 shares in the company, valued at approximately $4,669,600. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of IESC opened at $18.02 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.50 and a current ratio of 1.62. The firm has a market capitalization of $383.78 million, a P/E ratio of 10.82 and a beta of 0.67. IES Holdings Inc has a twelve month low of $14.61 and a twelve month high of $20.25.
IES (NASDAQ:IESC) last issued its earnings results on Monday, May 6th. The technology company reported $0.38 earnings per share for the quarter. IES had a return on equity of 15.92% and a net margin of 2.63%. The business had revenue of $256.90 million for the quarter.
A number of large investors have recently added to or reduced their stakes in the business. Northern Trust Corp grew its stake in IES by 1.5% during the first quarter. Northern Trust Corp now owns 92,657 shares of the technology company’s stock worth $1,646,000 after buying an additional 1,389 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in IES by 156.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 15,743 shares of the technology company’s stock worth $280,000 after buying an additional 9,603 shares during the last quarter. Monarch Partners Asset Management LLC bought a new stake in IES during the first quarter worth about $751,000. JPMorgan Chase & Co. grew its stake in IES by 74.0% during the first quarter. JPMorgan Chase & Co. now owns 16,848 shares of the technology company’s stock worth $299,000 after buying an additional 7,168 shares during the last quarter. Finally, AltraVue Capital LLC grew its stake in IES by 0.5% during the first quarter. AltraVue Capital LLC now owns 301,606 shares of the technology company’s stock worth $5,359,000 after buying an additional 1,390 shares during the last quarter. 79.08% of the stock is currently owned by institutional investors.
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IES Company Profile
IES Holdings, Inc engages in communications, commercial and industrial, infrastructure solutions, and residential businesses 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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