IES Holdings, Inc. (NASDAQ:IESC) Director Todd M. Cleveland sold 2,000 shares of IES stock in a transaction on Tuesday, June 8th. The shares were sold at an average price of $55.39, for a total value of $110,780.00. Following the transaction, the director now owns 154,015 shares in the company, valued at $8,530,890.85. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of IESC stock traded down $0.84 during mid-day trading on Thursday, hitting $52.38. 18,958 shares of the stock traded hands, compared to its average volume of 48,869. IES Holdings, Inc. has a twelve month low of $19.98 and a twelve month high of $56.24. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 21.72 and a beta of 1.36. The stock’s 50-day simple moving average is $51.77.
IES (NASDAQ:IESC) last issued its quarterly 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 company had revenue of $332.00 million for the quarter.
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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