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Insiders who purchased IES Holdings, Inc. (NASDAQ:IESC) stock last year recover some losses which currently stand at US$13k

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Insiders who bought US$141k worth of IES Holdings, Inc. (NASDAQ:IESC) stock in the last year recovered part of their losses as the stock rose by 13% last week. The purchase, however, has proven to be a pricey bet, with losses currently totalling US$13k.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for IES Holdings

IES Holdings Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Todd Cleveland, sold US$133k worth of shares at a price of US$55.39 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$29.16). So it may not tell us anything about how insiders feel about the current share price. Todd Cleveland was the only individual insider to sell over the last year.

In the last twelve months insiders purchased 4.38k shares for US$141k. But they sold 2.40k shares for US$133k. In total, IES Holdings insiders bought more than they sold over the last year. Their average price was about US$32.12. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insiders at IES Holdings Have Bought Stock Recently

Over the last quarter, IES Holdings insiders have spent a meaningful amount on shares. In total, insiders bought US$89k worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future.

Does IES Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. IES Holdings insiders own about US$20m worth of shares. That equates to 3.3% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At IES Holdings Tell Us?

The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in IES Holdings shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing IES Holdings. To that end, you should learn about the 3 warning signs we've spotted with IES Holdings (including 1 which can't be ignored).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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