IES (NASDAQ:IESC) Chairman Jeffrey Et Al Gendell Sells 320 Shares

IES Holdings, Inc. (NASDAQ:IESCGet Free Report) Chairman Jeffrey Et Al Gendell sold 320 shares of IES stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $520.43, for a total transaction of $166,537.60. Following the transaction, the chairman directly owned 10,587,161 shares of the company’s stock, valued at $5,509,876,199.23. This represents a 0.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

IES Trading Down 3.3%

Shares of IES stock opened at $500.85 on Wednesday. The business has a 50-day moving average price of $438.07 and a two-hundred day moving average price of $399.46. IES Holdings, Inc. has a 1-year low of $146.51 and a 1-year high of $537.70. The company has a market cap of $9.98 billion, a P/E ratio of 29.79 and a beta of 1.72.

IES (NASDAQ:IESCGet Free Report) last announced its earnings results on Friday, January 30th. The technology company reported $3.71 EPS for the quarter, missing the consensus estimate of $3.94 by ($0.23). IES had a net margin of 9.70% and a return on equity of 35.62%. The business had revenue of $870.96 million for the quarter, compared to the consensus estimate of $876.00 million.

Institutional Investors Weigh In On IES

Several hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in IES by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the technology company’s stock valued at $810,000 after acquiring an additional 223 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of IES by 6.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 22,787 shares of the technology company’s stock worth $3,762,000 after purchasing an additional 1,435 shares during the last quarter. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of IES in the second quarter worth approximately $243,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of IES in the second quarter valued at approximately $1,452,000. Finally, Peterson Wealth Services boosted its position in shares of IES by 4.0% during the second quarter. Peterson Wealth Services now owns 3,698 shares of the technology company’s stock valued at $1,095,000 after buying an additional 143 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of IES in a research report on Monday, December 22nd. Loop Capital set a $458.00 price target on shares of IES in a research note on Tuesday, February 3rd. Finally, Wall Street Zen cut shares of IES from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $458.00.

Get Our Latest Stock Analysis on IESC

IES News Roundup

Here are the key news stories impacting IES this week:

  • Positive Sentiment: Institutional buying and high institutional ownership — Multiple funds (Mirae Asset, UBS AM, Vanguard Personalized Indexing and others) have recently added or increased stakes; roughly 86.6% of shares are institutionally owned, which can support liquidity and limit volatility. MarketBeat IESC Profile
  • Positive Sentiment: Chairman still heavily invested — Despite the sales, Jeffrey Gendell continues to hold more than ~10.58 million shares, signaling significant ongoing insider alignment with shareholder outcomes. InsiderTrades Alert
  • Neutral Sentiment: Analyst stance mixed but generally positive — A few firms maintain Buy ratings (Weiss, Loop Capital’s $458 target), while at least one recently trimmed a “strong-buy” to “buy.” Current consensus target sits below recent trading levels, which may cap near-term upside. MarketBeat IESC Profile
  • Neutral Sentiment: Short-interest data currently not meaningful — reported short-interest figures in recent feeds appear to show zero shares (likely a reporting anomaly), so short-position pressure is not a clear factor today.
  • Negative Sentiment: Insider selling by the chairman — Jeffrey Gendell sold 5,048 shares on Feb. 12 at ~$529.50 (~$2.67M), 2,791 shares on Feb. 13 at ~$520.10 (~$1.45M) and 320 shares on Feb. 17 at ~$520.43 (~$0.17M). Although these sales represent a very small percentage of his holdings (~0.03–0.05% per filing), clustered insider sales can weigh on sentiment and share price in the short term. Chairman Sells 5,048 Shares InsiderTrades Alert
  • Negative Sentiment: Recent earnings miss — IESC reported Q4 EPS of $3.71 vs. consensus $3.94 and revenue of $870.96M vs. $876M consensus, a modest miss that likely pressured the stock multiple given recent high valuation (PE ~29.8). MarketBeat IESC Profile

IES Company Profile

(Get Free Report)

IES Holdings, Inc (NASDAQ: IESC) is a specialty contractor providing integrated electrical and mechanical construction services, engineering, and systems integration across North America. The company focuses on delivering end-to-end solutions for commercial, industrial and mission-critical facilities, combining design, build, commission and maintenance capabilities to serve a wide range of markets.

Through its subsidiaries, IES offers a comprehensive portfolio of services including electrical distribution and infrastructure, mechanical contracting, process piping, controls and automation, energy management, and ongoing service and maintenance.

See Also

Insider Buying and Selling by Quarter for IES (NASDAQ:IESC)

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