Janus Henderson Group PLC Acquires 687 Shares of IES Holdings, Inc. (NASDAQ:IESC)

Janus Henderson Group PLC raised its holdings in shares of IES Holdings, Inc. (NASDAQ:IESC) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,973 shares of the technology company’s stock after acquiring an additional 687 shares during the quarter. Janus Henderson Group PLC’s holdings in IES were worth $5,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of IESC. Price T Rowe Associates Inc. MD bought a new stake in shares of IES during the 1st quarter valued at $286,000. CWM LLC increased its position in shares of IES by 252.7% during the second quarter. CWM LLC now owns 582 shares of the technology company’s stock valued at $81,000 after buying an additional 417 shares during the period. SG Americas Securities LLC purchased a new stake in shares of IES in the second quarter worth about $3,328,000. Assenagon Asset Management S.A. boosted its position in shares of IES by 12.5% in the second quarter. Assenagon Asset Management S.A. now owns 89,330 shares of the technology company’s stock valued at $12,446,000 after acquiring an additional 9,942 shares during the period. Finally, Ellsworth Advisors LLC grew its stake in IES by 2.7% during the second quarter. Ellsworth Advisors LLC now owns 5,806 shares of the technology company’s stock valued at $809,000 after acquiring an additional 151 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of IES from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th.

Insider Buying and Selling at IES

In related news, VP Mary K. Newman sold 2,500 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $286.23, for a total value of $715,575.00. Following the transaction, the vice president now owns 18,286 shares of the company’s stock, valued at $5,234,001.78. This represents a 12.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Todd M. Cleveland sold 10,000 shares of IES stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $153.57, for a total value of $1,535,700.00. Following the sale, the director now directly owns 104,654 shares of the company’s stock, valued at approximately $16,071,714.78. This trade represents a 8.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,708 shares of company stock valued at $17,863,422 in the last 90 days. Corporate insiders own 59.19% of the company’s stock.

IES Stock Performance

Shares of IESC stock opened at $252.35 on Tuesday. The company has a market capitalization of $5.04 billion, a PE ratio of 25.52 and a beta of 1.45. IES Holdings, Inc. has a 52-week low of $76.26 and a 52-week high of $320.08. The business’s fifty day moving average is $246.96 and its 200 day moving average is $187.91.

IES 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.