Over the past year, insiders of IES Holdings, a designer and installer of integrated systems, sold more than $150 million worth of company shares and did not purchase any, according to analysts at Simply Wall St. They warn that this could be a red flag. IES Holdings’ stock has been rising, gaining 152% over the last 12 months.
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Simply Wall St estimates that IES Holdings insiders sold $151.3 million worth of company shares over the past year and did not buy any. The most recent known transaction was made by IES Holdings CEO Jeffrey Gendell. On...