IESC - Massive Insider Trade At IES Hldgs | Benzinga
A notable insider purchase on December 12, was reported by Tracy McLauchlin, SVP at IES Hldgs (NASDAQ:IESC), based on the most recent SEC filing.
What Happened: In a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, it was disclosed that McLauchlin bought 8,903 shares of IES Hldgs, amounting to a total of $665,054.
In the Wednesday's morning session, IES Hldgs's shares are currently trading at $82.62, experiencing a down of 0.0%.
Unveiling the Story Behind IES Hldgs
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.
Key Indicators: IES Hldgs's Financial Health
Revenue Growth: IES Hldgs displayed positive results in 3 months. As of 30 September, 2023, the ...