Hodges Capital Management Inc. Has $2.14 Million Stock Position in Research Solutions, Inc. (NASDAQ:RSSS)

Hodges Capital Management Inc. boosted its position in Research Solutions, Inc. (NASDAQ:RSSS) by 63.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 514,595 shares of the company’s stock after buying an additional 200,480 shares during the period. Hodges Capital Management Inc. owned approximately 1.57% of Research Solutions worth $2,135,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Luxor Capital Group LP grew its position in Research Solutions by 122.4% in the 3rd quarter. Luxor Capital Group LP now owns 358,608 shares of the company’s stock worth $979,000 after purchasing an additional 197,346 shares in the last quarter. Needham Investment Management LLC lifted its position in shares of Research Solutions by 5.5% during the 3rd quarter. Needham Investment Management LLC now owns 2,875,000 shares of the company’s stock valued at $7,849,000 after buying an additional 150,000 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Research Solutions by 36.4% during the 3rd quarter. Geode Capital Management LLC now owns 238,459 shares of the company’s stock worth $651,000 after acquiring an additional 63,581 shares during the period. Dynamic Advisor Solutions LLC increased its holdings in Research Solutions by 8.7% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 187,122 shares of the company’s stock worth $511,000 after acquiring an additional 14,950 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Research Solutions by 12.6% in the 2nd quarter. Renaissance Technologies LLC now owns 117,100 shares of the company’s stock valued at $299,000 after acquiring an additional 13,089 shares during the period. Institutional investors and hedge funds own 33.60% of the company’s stock.

Research Solutions Stock Up 0.8 %

RSSS opened at $3.87 on Tuesday. The company has a market capitalization of $127.01 million, a price-to-earnings ratio of -48.38, a PEG ratio of 4.27 and a beta of 0.55. The firm has a 50-day moving average price of $3.86 and a 200-day moving average price of $3.14. Research Solutions, Inc. has a twelve month low of $2.38 and a twelve month high of $4.24.

About Research Solutions

Research Solutions, Inc, through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally. It provides Discover platform that facilitates search discovery across virtually all scientific, technical, and medical (STM) articles available, including free basic search solutions and advanced search tools, which include the Resolute.ai and scite.ai products, a tools that allows for searching and identifying relevant research and find insights in other datasets adjacent to STM content, such as clinical trial, patent, life science and medtech regulatory information, competitor and technology landscape insights in addition to searching the customer’s internal datasets.