SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in IES Holdings, Inc. (NASDAQ:IESC - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,289 shares of the technology company's stock, valued at approximately $862,000. IES comprises 0.8% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co's holdings, making the stock its 28th biggest holding.
Other institutional investors have also added to or reduced their stakes in the company. J.Safra Asset Management Corp boosted its stake in IES by 56.8% in the 4th quarter. J.Safra Asset Management Corp now owns 138 shares of the technology company's stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Moran Wealth Management LLC grew its holdings in shares of IES by 1.8% during the fourth quarter. Moran Wealth Management LLC now owns 3,401 shares of the technology company's stock valued at $683,000 after buying an additional 61 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of IES by 21.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 551 shares of the technology company's stock valued at $111,000 after acquiring an additional 99 shares during the period. Peterson Wealth Services raised its stake in IES by 1.2% in the 4th quarter. Peterson Wealth Services now owns 8,110 shares of the technology company's stock worth $1,630,000 after acquiring an additional 100 shares during the last quarter. Finally, PFG Advisors lifted its position in IES by 3.0% during the 4th quarter. PFG Advisors now owns 3,810 shares of the technology company's stock worth $766,000 after acquiring an additional 111 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.
IES Trading Up 4.5 %
IESC stock opened at $169.55 on Wednesday. The business's 50-day moving average is $217.97 and its 200 day moving average is $220.35. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 15.79 and a beta of 1.57. IES Holdings, Inc. has a 12-month low of $100.60 and a 12-month high of $320.09.
IES (NASDAQ:IESC - Get Free Report) last announced its earnings results on Tuesday, February 4th. The technology company reported $2.64 earnings per share (EPS) for the quarter. IES had a return on equity of 35.81% and a net margin of 7.30%.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered IES from a "buy" rating to a "hold" rating in a research report on Wednesday, March 5th.
View Our Latest Stock Report on IES
Insider Activity at IES
In other news, CFO Tracy Mclauchlin sold 5,000 shares of IES stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $253.02, for a total value of $1,265,100.00. Following the completion of the sale, the chief financial officer now owns 71,177 shares of the company's stock, valued at $18,009,204.54. The trade was a 6.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey L. Et Al Gendell sold 470 shares of the business's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $252.25, for a total value of $118,557.50. Following the transaction, the chief executive officer now directly owns 10,957,184 shares in the company, valued at $2,763,949,664. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 56.76% of the stock is currently owned by insiders.
IES Company Profile
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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.
See Also
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