Barclays PLC Acquires 4,112 Shares of IES Holdings, Inc. (NASDAQ:IESC)

Barclays PLC boosted its position in IES Holdings, Inc. (NASDAQ:IESC) by 156.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,737 shares of the technology company’s stock after purchasing an additional 4,112 shares during the quarter. Barclays PLC’s holdings in IES were worth $340,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Federated Hermes Inc. acquired a new position in shares of IES during the 4th quarter worth $26,000. Dorsey Wright & Associates raised its holdings in shares of IES by 135.3% during the 1st quarter. Dorsey Wright & Associates now owns 981 shares of the technology company’s stock worth $49,000 after buying an additional 564 shares in the last quarter. Citigroup Inc. raised its holdings in shares of IES by 240.7% during the 4th quarter. Citigroup Inc. now owns 1,666 shares of the technology company’s stock worth $77,000 after buying an additional 1,177 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of IES by 52.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,677 shares of the technology company’s stock worth $135,000 after buying an additional 923 shares in the last quarter. Finally, 1ST Source Bank acquired a new position in shares of IES during the 1st quarter worth $202,000. 81.84% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Jeffrey L. Et Al Gendell sold 9,398 shares of the stock in a transaction that occurred on Monday, June 7th. The stock was sold at an average price of $55.18, for a total value of $518,581.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Todd M. Cleveland sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 8th. The stock was sold at an average price of $55.39, for a total value of $110,780.00. Following the completion of the sale, the director now directly owns 154,015 shares of the company’s stock, valued at $8,530,890.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,500 shares of company stock worth $634,987. 58.83% of the stock is owned by company insiders.

Shares of IESC opened at $49.98 on Thursday. IES Holdings, Inc. has a 12-month low of $22.51 and a 12-month high of $56.24. The stock has a 50-day moving average price of $51.48. The firm has a market cap of $1.04 billion, a PE ratio of 20.65 and a beta of 1.34.

IES (NASDAQ:IESC) last issued its earnings results on Friday, April 30th. The technology company reported $0.71 earnings per share (EPS) for the quarter. IES had a return on equity of 22.35% and a net margin of 4.08%. The business had revenue of $332.00 million during the quarter.

About IES

IES Holdings, Inc designs and installs integrated electrical and technology systems, and provides infrastructure products and services 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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Institutional Ownership by Quarter for IES (NASDAQ:IESC)

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