1 week Ago By Defense World Staff
Prudential Financial Inc. acquired a new position in shares of System1, Inc. (NYSE:SST – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission.
The fund acquired 49,910 shares of the company’s stock, valued at approximately $45,000. Prudential Financial Inc. owned 0.
05% of System1 as of its most recent SEC filing. A number of other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of System1 by 3.
6% in the third quarter. Geode Capital Management LLC now owns 473,732 shares of the company’s stock worth $531,000 after buying an additional 16,504 shares during the period. Jane Street Group LLC grew its position in System1 by 74.
3% in the 3rd quarter. Jane Street Group LLC now owns 103,589 shares of the company’s stock valued at $116,000 after acquiring an additional 44,147 shares during the last quarter. Barclays PLC increased its stake in System1 by 56.
1% in the third quarter. Barclays PLC now owns 38,866 shares of the company’s stock worth $44,000 after purchasing an additional 13,969 shares during the period. Finally, JPMorgan Chase & Co.
lifted its position in shares of System1 by 215.7% during the third quarter. JPMorgan Chase & Co.
now owns 33,993 shares of the company’s stock worth $38,000 after purchasing an additional 23,225 shares during the last quarter. Institutional investors own 87.50% of the company’s stock.
System1 Stock PerformanceSystem1 stock opened at $0.32 on Friday. System1, Inc.
has a fifty-two week low of $0.30 and a fifty-two week high of $2.36.
The company has a market capitalization of $30.11 million, a PE ratio of -0.27 and a beta of 1.
46. The company has a 50 day moving average price of $0.50 and a 200-day moving average price of $0.
79. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.
36 and a current ratio of 1.36. System1 (NYSE:SST – Get Free Report) last issued its earnings results on Monday, March 10th.
The company reported ($0.19) earnings per share for the quarter. The firm had revenue of $75.
60 million during the quarter. System1 had a negative return on equity of 68.85% and a negative net margin of 24.
18%. Analyst Upgrades and DowngradesSeparately, Benchmark reaffirmed a “buy” rating and issued a $5.00 price target on shares of System1 in a research note on Tuesday, March 11th.
Read Our Latest Report on SSTSystem1 Company Profile (Free Report)System1, Inc provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States, the United Kingdom, Canada, the Netherlands, and internationally. It operates through two segments: Owned and Operated Advertising, and Partner Network.Recommended StoriesFive stocks we like better than System1What Does a Gap Up Mean in Stocks? How to Play the GapJPMorgan is a Buy, if You Can Handle The Volatility What Does Downgrade Mean in Investing?United States Steel’s Crash: An Unmissable Buying OpportunityWant to Profit on the Downtrend? Downtrends, Explained.
Rocket Lab Stock: Weathering the Storm, Time for a Comeback?Want to see what other hedge funds are holding SST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for System1, Inc. (NYSE:SST – Free Report).
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