Mesirow Financial Investment Management Inc. Has $1.71 Million Stock Position in Innovative Solutions and Support, Inc. $ISSC

Mesirow Financial Investment Management Inc. lifted its stake in Innovative Solutions and Support, Inc. (NASDAQ:ISSC) by 50.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 90,199 shares of the aerospace company’s stock after acquiring an additional 30,259 shares during the quarter. Mesirow Financial Investment Management Inc. owned approximately 0.51% of Innovative Solutions and Support worth $1,708,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Palisades Investment Partners LLC acquired a new position in shares of Innovative Solutions and Support during the 3rd quarter worth approximately $2,927,000. Marshall Wace LLP grew its stake in Innovative Solutions and Support by 65.3% during the third quarter. Marshall Wace LLP now owns 479,202 shares of the aerospace company’s stock worth $5,985,000 after buying an additional 189,375 shares in the last quarter. Ancora Advisors LLC acquired a new stake in shares of Innovative Solutions and Support in the 3rd quarter valued at $2,031,000. Teton Advisors LLC bought a new stake in shares of Innovative Solutions and Support during the 3rd quarter valued at approximately $1,707,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Innovative Solutions and Support by 415.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 157,250 shares of the aerospace company’s stock valued at $2,183,000 after purchasing an additional 126,729 shares during the last quarter. 28.53% of the stock is currently owned by institutional investors and hedge funds.

Innovative Solutions and Support Price Performance

ISSC stock opened at $17.41 on Friday. The company has a current ratio of 2.96, a quick ratio of 1.53 and a debt-to-equity ratio of 0.31. Innovative Solutions and Support, Inc. has a 12-month low of $8.13 and a 12-month high of $30.94. The stock has a market capitalization of $309.55 million, a price-to-earnings ratio of 16.58 and a beta of 0.71. The firm’s 50-day moving average price is $23.86 and its two-hundred day moving average price is $18.85.

Innovative Solutions and Support (NASDAQ:ISSC) last issued its quarterly earnings data on Thursday, May 14th. The aerospace company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. The business had revenue of $22.37 million during the quarter, compared to analyst estimates of $21.59 million. Innovative Solutions and Support had a net margin of 21.02% and a return on equity of 30.44%. As a group, equities analysts predict that Innovative Solutions and Support, Inc. will post 0.92 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Innovative Solutions and Support from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Wall Street Zen upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Four research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Innovative Solutions and Support currently has an average rating of “Strong Buy” and a consensus target price of $16.25.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc (NASDAQ: ISSC) is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.