In a filing, IES Holdings Inc revealed its President and COO Simmes Matthew J unloaded Company’s shares for reported $0.41 million on Mar 14 ’24. In the deal valued at $102.04 per share,4,000 shares were sold. As a result of this transaction, Simmes Matthew J now holds 87,110 shares worth roughly $10.93 million.
Then, Cleveland Todd M sold 13,513 shares, generating $1,556,130 in total proceeds. Upon selling the shares at $115.16, the Director now owns 114,236 shares.
Before that, McLauchlin Tracy sold 5,000 shares. IES Holdings Inc shares valued at $575,700 were divested by the SVP, CFO & Treasurer at a price of $115.14 per share. As a result of the transaction, McLauchlin Tracy now holds 69,377 shares, worth roughly $8.71 million.
Price Performance Review of IESC
On Tuesday, IES Holdings Inc [NASDAQ:IESC] saw its stock fall -6.30% to $125.53. Over the last five days, the stock has gained 0.18%. IES Holdings Inc shares have risen nearly 58.46% since the year began. Nevertheless, the stocks have risen 209.72% over the past one year. While a 52-week high of $138.56 was reached on 04/08/24, a 52-week low of $40.16 was recorded on 01/03/24. SMA at 50 days reached $105.93, while 200 days put it at $77.84. A total of 0.21 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For IESC Stock
The 24-hour chart illustrates a support level at 120.73, which if violated will result in even more drops to 115.92. On the upside, there is a resistance level at 133.34. A further resistance level may holdings at 141.14. The Relative Strength Index (RSI) on the 14-day chart is 62.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.44%. Stochastics %K at 80.61% indicates the stock is a selling.
How much short interest is there in IES Holdings Inc?
A steep rise in short interest was recorded in IES Holdings Inc stocks on Mar 28, 2024, growing by 84880.0 shares to a total of 0.17 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 86750.0 shares. There was a rise of 49.46%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.05% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.44.
