IESC - Insider Selling: AL ET JEFFREY GENDELL Unloads $4.02M Of IES Hldgs Stock | Benzinga
AL ET JEFFREY GENDELL, Chief Executive Officer at IES Hldgs (NASDAQ:IESC), reported an insider sell on May 28, according to a new SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday outlined that GENDELL executed a sale of 25,000 shares of IES Hldgs with a total value of $4,022,856.
During Wednesday's morning session, IES Hldgs shares down by 3.57%, currently priced at $150.59.
Get to Know IES Hldgs Better
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions and Commercial & Industrial. Majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Through this segment it also provides services for the installation of residential solar power, both for new construction and existing residences.
IES Hldgs: Financial Performance Dissected
Revenue Growth: IES Hldgs's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an ...