System1 (NYSE:SST) Issues Earnings Results

System1 (NYSE:SST) issued its quarterly earnings data on Tuesday. The company reported ($5.82) earnings per share (EPS) for the quarter, FiscalAI reports. System1 had a negative return on equity of 207.45% and a negative net margin of 42.18%.The business had revenue of $37.23 million during the quarter.

System1 Price Performance

Shares of NYSE:SST traded down $0.24 on Thursday, reaching $3.30. 292,198 shares of the company traded hands, compared to its average volume of 2,277,402. System1 has a fifty-two week low of $1.35 and a fifty-two week high of $15.00. The company’s 50 day moving average is $2.93 and its 200-day moving average is $3.73. The stock has a market capitalization of $32.62 million, a PE ratio of -0.27 and a beta of 1.54. The company has a debt-to-equity ratio of 13.11, a current ratio of 1.02 and a quick ratio of 1.02.

Analyst Ratings Changes

A number of brokerages recently issued reports on SST. Weiss Ratings reissued a “sell (e+)” rating on shares of System1 in a report on Friday, May 8th. Wall Street Zen raised System1 to a “sell” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, System1 currently has an average rating of “Hold” and a consensus target price of $10.00.

Insider Activity at System1

In related news, CFO Tridivesh Kidambi acquired 26,910 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was bought at an average price of $3.00 per share, for a total transaction of $80,730.00. Following the transaction, the chief financial officer owned 146,816 shares of the company’s stock, valued at approximately $440,448. The trade was a 22.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 13.20% of the company’s stock.

Institutional Investors Weigh In On System1

A hedge fund recently bought a new stake in System1 stock. Citadel Advisors LLC acquired a new stake in shares of System1, Inc. (NYSE:SST) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned about 0.10% of System1 as of its most recent filing with the Securities and Exchange Commission. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

About System1

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.