System1, Inc. $SST Shares Purchased by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC grew its holdings in shares of System1, Inc. (NYSE:SST) by 398.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 376,737 shares of the company’s stock after buying an additional 301,192 shares during the period. Crescent Grove Advisors LLC’s holdings in System1 were worth $987,000 as of its most recent SEC filing.

Analyst Ratings Changes

SST has been the topic of several analyst reports. Zacks Research raised System1 to a “hold” rating in a report on Thursday, October 1st. Weiss Ratings lowered shares of System1 from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 3rd. Benchmark reduced their target price on System1 from $8.00 to $6.50 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Wall Street Zen raised System1 to a “sell” rating in a research report on Saturday, September 26th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, System1 currently has a consensus rating of “Hold” and a consensus target price of $6.50.

System1 Stock Up 3.0%

Shares of SST opened at $2.16 on Thursday. System1, Inc. has a 52 week low of $1.35 and a 52 week high of $7.07. The stock has a market cap of $22.69 million, a price-to-earnings ratio of -0.19 and a beta of 1.62. The business has a 50-day simple moving average of $2.68 and a two-hundred day simple moving average of $2.72.

System1 (NYSE:SST) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($1.54) earnings per share for the quarter. System1 had a negative net margin of 50.66% and a negative return on equity of 439.90%. The firm had revenue of $30.20 million for the quarter. On average, equities analysts anticipate that System1, Inc. will post -8.85 earnings per share for the current fiscal year.

About System1

System1, Inc is a marketing technology company that develops performance-based customer acquisition solutions. Its platform is designed to help advertisers attract and convert consumers through digital marketing campaigns, while enabling publishers and other partners to monetize traffic.

The company’s technology supports the acquisition of high-intent users across categories such as insurance, finance, travel and shopping. System1 combines data, predictive technology and digital media to identify potential customers, direct them to relevant offers and measure campaign performance.