IES Holdings Inc (IESC) CFO & Treasurer Tracy Mclauchlin Sells 5,000 Shares
IES Holdings Inc (NASDAQ:IESC), a diversified holding company that owns and manages subsidiaries in industries including communications, residential, commercial and industrial electrical contracting, and infrastructure services, has reported an insider sale according to a recent SEC filing. The company's Senior Vice President, Chief Financial Officer & Treasurer, Tracy Mclauchlin, sold 5,000 shares of the company on March 7, 2024.Tracy Mclauchlin has a history of selling shares in the company over the past year, with a total of 25,000 shares sold and no shares purchased.The insider transaction history for IES Holdings Inc shows a pattern of insider sales, with 19 insider sells and no insider buys over the past year.On the day of the insider's recent sale, shares of IES Holdings Inc were trading at $115.14, giving the company a market cap of $2.296 billion. The price-earnings ratio of the stock is 21.59, which is above both the industry median of 15.355 and the company's historical median price-earnings ratio.
The stock's valuation, when compared to the GuruFocus Value (GF Value) of $66.95, indicates that IES Holdings Inc is significantly overvalued with a price-to-GF-Value ratio of 1.72.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.For more detailed information and analysis on insider trades and the company's financials, investors and analysts are encouraged to visit the SEC filing through the provided link.SEC Filing
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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