IES Holdings, Inc. $IESC Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of IES Holdings, Inc. (NASDAQ:IESC) by 1,309.4% in the third quarter, HoldingsChannel reports. The firm owned 9,753 shares of the technology company’s stock after acquiring an additional 9,061 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in IES were worth $3,878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. F m Investments LLC raised its position in IES by 0.3% during the 2nd quarter. F m Investments LLC now owns 16,235 shares of the technology company’s stock worth $4,809,000 after buying an additional 51 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of IES by 1.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,955 shares of the technology company’s stock worth $1,468,000 after acquiring an additional 51 shares during the period. Two Sigma Securities LLC increased its stake in shares of IES by 3.2% in the second quarter. Two Sigma Securities LLC now owns 1,959 shares of the technology company’s stock worth $580,000 after acquiring an additional 61 shares during the period. Ameritas Investment Partners Inc. lifted its position in IES by 7.2% during the second quarter. Ameritas Investment Partners Inc. now owns 923 shares of the technology company’s stock valued at $273,000 after purchasing an additional 62 shares during the period. Finally, Global Retirement Partners LLC boosted its holdings in IES by 1,014.3% in the third quarter. Global Retirement Partners LLC now owns 78 shares of the technology company’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Activity

In other IES news, Chairman Jeffrey L. Et Al Gendell sold 76,400 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $473.25, for a total transaction of $36,156,300.00. Following the completion of the transaction, the chairman owned 10,595,320 shares of the company’s stock, valued at $5,014,235,190. This represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Tracy Mclauchlin sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $411.48, for a total value of $2,057,400.00. Following the completion of the transaction, the chief financial officer owned 65,525 shares in the company, valued at approximately $26,962,227. This trade represents a 7.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 217,661 shares of company stock worth $96,387,385. Company insiders own 56.43% of the company’s stock.

IES Price Performance

Shares of NASDAQ:IESC opened at $476.97 on Wednesday. The business’s 50 day moving average price is $422.02 and its 200-day moving average price is $385.39. IES Holdings, Inc. has a 1 year low of $146.51 and a 1 year high of $488.62. The firm has a market capitalization of $9.51 billion, a price-to-earnings ratio of 31.76 and a beta of 1.73.

IES (NASDAQ:IESC) last posted its quarterly earnings data on Friday, November 21st. The technology company reported $3.77 earnings per share for the quarter. The company had revenue of $897.80 million during the quarter. IES had a net margin of 8.99% and a return on equity of 38.61%.

Analyst Upgrades and Downgrades

IESC has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of IES in a research note on Monday, December 22nd. Wall Street Zen raised IES from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, IES currently has a consensus rating of “Buy”.

About IES

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.