System1, Inc. (NYSE:SST) Major Shareholder Acquires $10,430.88 in Stock

System1, Inc. (NYSE:SST) major shareholder Cee Holdings Trust bought 8,412 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were acquired at an average price of $1.24 per share, for a total transaction of $10,430.88. Following the completion of the transaction, the insider now owns 8,768,056 shares in the company, valued at $10,872,389.44. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Cee Holdings Trust also recently made the following trade(s):

• On Wednesday, September 11th, Cee Holdings Trust purchased 4,034 shares of System1 stock. The stock was acquired at an average price of $1.20 per share, with a total value of $4,840.80.
• On Monday, September 9th, Cee Holdings Trust purchased 2,196 shares of System1 stock. The shares were acquired at an average price of $1.19 per share, for a total transaction of $2,613.24.
• On Thursday, September 5th, Cee Holdings Trust acquired 4,352 shares of System1 stock. The stock was bought at an average price of $1.22 per share, with a total value of $5,309.44.
• On Tuesday, September 3rd, Cee Holdings Trust bought 1,601 shares of System1 stock. The shares were bought at an average cost of $1.23 per share, for a total transaction of $1,969.23.
• On Friday, August 30th, Cee Holdings Trust purchased 15,205 shares of System1 stock. The stock was bought at an average price of $1.24 per share, for a total transaction of $18,854.20.
• On Friday, August 23rd, Cee Holdings Trust acquired 37,477 shares of System1 stock. The stock was bought at an average cost of $1.21 per share, for a total transaction of $45,347.17.
• On Tuesday, August 20th, Cee Holdings Trust bought 1,500 shares of System1 stock. The stock was bought at an average price of $1.25 per share, for a total transaction of $1,875.00.
• On Thursday, August 15th, Cee Holdings Trust purchased 14,142 shares of System1 stock. The shares were purchased at an average price of $1.08 per share, with a total value of $15,273.36.
• On Tuesday, August 13th, Cee Holdings Trust acquired 965 shares of System1 stock. The shares were purchased at an average price of $1.10 per share, with a total value of $1,061.50.
• On Thursday, July 11th, Cee Holdings Trust bought 6,749 shares of System1 stock. The shares were purchased at an average cost of $1.45 per share, with a total value of $9,786.05.

System1 Stock Performance

Shares of SST opened at $1.16 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 2.04. The firm’s fifty day simple moving average is $1.27 and its two-hundred day simple moving average is $1.50. System1, Inc. has a 12 month low of $1.04 and a 12 month high of $3.02. The stock has a market capitalization of $104.52 million, a P/E ratio of -0.51 and a beta of 1.34.

System1 (NYSE:SST) last announced its earnings results on Thursday, August 8th. The company reported ($0.38) EPS for the quarter. The business had revenue of $94.58 million for the quarter. System1 had a negative net margin of 53.92% and a negative return on equity of 53.12%.

Institutional Trading of System1

A hedge fund recently raised its stake in System1 stock. Renaissance Technologies LLC increased its position in System1, Inc. (NYSE:SST) by 126.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,900 shares of the company’s stock after buying an additional 32,300 shares during the period. Renaissance Technologies LLC owned 0.06% of System1 worth $88,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 87.50% of the company’s stock.

System1 Company Profile

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.