KBC Group NV Has $81,000 Stock Holdings in IES Holdings, Inc. (NASDAQ:IESC)

KBC Group NV raised its stake in shares of IES Holdings, Inc. (NASDAQ:IESC) by 52.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 401 shares of the technology company’s stock after buying an additional 138 shares during the period. KBC Group NV’s holdings in IES were worth $81,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Gladius Capital Management LP acquired a new stake in IES during the third quarter valued at $44,000. City State Bank acquired a new stake in shares of IES during the 4th quarter valued at about $106,000. CWM LLC lifted its holdings in shares of IES by 17.2% during the 3rd quarter. CWM LLC now owns 682 shares of the technology company’s stock valued at $136,000 after buying an additional 100 shares during the last quarter. Quest Partners LLC increased its holdings in IES by 159.5% in the third quarter. Quest Partners LLC now owns 768 shares of the technology company’s stock worth $153,000 after buying an additional 472 shares during the last quarter. Finally, BlueSky Wealth Advisors LLC acquired a new position in IES in the third quarter worth approximately $220,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

IES Trading Down 4.8 %

Shares of NASDAQ:IESC opened at $230.49 on Monday. IES Holdings, Inc. has a 1 year low of $89.13 and a 1 year high of $320.08. The firm has a fifty day moving average price of $237.70 and a 200 day moving average price of $215.49. The stock has a market capitalization of $4.61 billion, a PE ratio of 21.46 and a beta of 1.52.

IES (NASDAQ:IESC) 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%.

Insider Activity at IES

In related news, CEO Jeffrey L. Et Al Gendell sold 470 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 10,957,184 shares in the company, valued at approximately $2,763,949,664. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Matthew J. Simmes sold 7,000 shares of IES stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $293.32, for a total transaction of $2,053,240.00. Following the sale, the chief operating officer now owns 115,341 shares in the company, valued at $33,831,822.12. This represents a 5.72 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,359 shares of company stock worth $7,341,029. 56.76% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com raised shares of IES from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th.

IES Company Profile

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.