IES Holdings Inc (NASDAQ:IESC) CEO Gary S. Matthews acquired 1,500 shares of the company’s stock in a transaction dated Thursday, May 30th. The stock was acquired at an average cost of $16.90 per share, for a total transaction of $25,350.00. Following the completion of the purchase, the chief executive officer now directly owns 261,500 shares in the company, valued at $4,419,350. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of IES stock traded up $0.39 on Friday, hitting $18.85. The company had a trading volume of 26,467 shares, compared to its average volume of 24,868. The firm has a market capitalization of $402.79 million, a PE ratio of 11.02 and a beta of 0.60. IES Holdings Inc has a 1 year low of $14.61 and a 1 year high of $20.25. The stock’s 50 day simple moving average is $18.35. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.62 and a quick ratio of 1.47.
IES (NASDAQ:IESC) last issued its quarterly earnings data on Monday, May 6th. The technology company reported $0.38 EPS for the quarter. The firm had revenue of $256.90 million during the quarter. IES had a return on equity of 15.92% and a net margin of 2.63%.
Separately, BidaskClub downgraded IES from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd.
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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