Director at $IESC sells 575 shares in insider sale
A recent insider sale of 575 shares by Todd M Cleveland, a director at $IESC, garnered considerable attention, valued at approximately $287,799. This sale represented approximately 0.7% of Cleveland’s ownership of this particular class of stock, leaving him with 80,042 shares following the transaction. The details of this sale were brought to light through a recent SEC filing, shedding light on this significant move in the company.
Notably, $IESC insiders have been quite active in trading $IESC stock on the open market over the previous six months, conducting a total of 99 trades, all of which have been sales. Among these insiders, Executive Chairman Jeffrey L Et Al Gendell stands out, having made 52 sales of 277,064 shares, netting an estimated $117,831,555. Other key figures in $IESC insider trading include President and CEO Matthew J Simmes, who has sold 15,000 shares, with Todd M Cleveland selling 7,500 shares and Tracy McLauchlin, the Senior Vice President, CFO, and Treasurer, offloading 5,000 shares. These sales by insiders provide valuable insights into the sentiments of those closely involved with the company.
On the institutional front, the $IESC stock has witnessed varied activities from hedge funds. Noteworthy moves include Northwestern Mutual Wealth Management Co adding 120,005 shares to their portfolio, a substantial increase of 324,337.8%. Conversely, SG Capital Management LLC saw a significant decrease, removing 92,301 shares, representing a withdrawal of 95.1% of their stock. These actions reflect the diverse strategies and sentiments prevailing among institutional investors in relation to $IESC stock.
Financially, $IESC reported revenues of $871M in Q1 2026, signaling a noteworthy 16.2% increase compared to the same period in the previous year. This uptick in revenue demonstrates the company’s growth and performance in the market, underscoring its financial health and stability.
It is essential to note that the details presented in this article are not intended as financial advice but aim to provide an overview of recent insider actions, hedge fund activities, and financial performance pertaining to $IESC stock. For further insights and information regarding these trends, interested parties can explore Quiver Quantitative’s analytical tools and dashboards.