Insider Sale: SVP, CFO & Treasurer Tracy Mclauchlin Sells 5,000 Shares of IES Holdings Inc (IESC)

Tracy Mclauchlin, the Senior Vice President, Chief Financial Officer & Treasurer of IES Holdings Inc (IESC, Financial), sold 5,000 shares of the company on August 15, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 64,377 shares of IES Holdings Inc.

IES Holdings Inc, listed under the symbol IESC, operates in the technology sector, providing communications and infrastructure solutions. The company's services include design and installation for various network systems, including electrical and communications contracting solutions.

On the day of the sale, shares of IES Holdings Inc were priced at $176.73. This pricing positions the company with a market cap of approximately $3.414 billion. The price-earnings ratio of the company stands at 20.13, which is above the industry median of 14.82.

The GF Value of IES Holdings Inc is calculated at $75.04, indicating a price-to-GF-Value ratio of 2.36. This suggests that the stock is significantly overvalued in comparison to its intrinsic value as estimated by GuruFocus.

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Over the past year, Tracy Mclauchlin has sold a total of 10,000 shares and has not made any purchases. The broader insider transaction trend at IES Holdings Inc shows a pattern of 23 insider sales and no insider buys over the same period.

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This insider activity could be of interest to investors and analysts monitoring insider behaviors and their correlation with the company's stock performance and valuation metrics.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.