System1 (NYSE:SST) Trading Up 2.6% – Time to Buy?

Shares of System1, Inc. (NYSE:SST) were up 2.6% during mid-day trading on Monday . The company traded as high as $3.22 and last traded at $3.13. Approximately 41,997 shares were traded during trading, a decline of 87% from the average daily volume of 335,917 shares. The stock had previously closed at $3.05.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SST shares. Wall Street Zen cut shares of System1 from a “sell” rating to a “strong sell” rating in a report on Sunday, May 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of System1 in a report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $10.00.

System1 Trading Up 2.2%

The firm’s fifty day moving average price is $3.22 and its two-hundred day moving average price is $3.49. The company has a debt-to-equity ratio of 13.11, a current ratio of 0.89 and a quick ratio of 0.89.

Insider Buying and Selling at System1

In other news, CFO Tridivesh Kidambi purchased 26,910 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were purchased at an average price of $3.00 per share, with a total value of $80,730.00. Following the completion of the acquisition, the chief financial officer owned 146,816 shares in the company, valued at $440,448. This trade represents a 22.44% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 13.20% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in System1 stock. BNP Paribas Financial Markets lifted its position in System1, Inc. (NYSE:SST) by 125.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,511 shares of the company’s stock after purchasing an additional 2,513 shares during the quarter. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 at the end of the most recent quarter. Institutional investors and hedge funds own 87.50% of the company’s stock.

System1 Company Profile

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.