Cee Holdings Trust Acquires 66,290 Shares of System1, Inc. (NYSE:SST) Stock

System1, Inc. (NYSE:SST) major shareholder Cee Holdings Trust purchased 66,290 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were acquired at an average price of $1.44 per share, for a total transaction of $95,457.60. Following the purchase, the insider now directly owns 8,427,836 shares of the company’s stock, valued at approximately $12,136,083.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Cee Holdings Trust also recently made the following trade(s):

• On Friday, June 28th, Cee Holdings Trust purchased 23,136 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $33,547.20.
• On Wednesday, June 26th, Cee Holdings Trust purchased 43,307 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $62,795.15.
• On Monday, June 24th, Cee Holdings Trust purchased 1,200 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $1,740.00.
• On Thursday, June 20th, Cee Holdings Trust purchased 2,382 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $3,453.90.

System1 Trading Up 1.4 %

Shares of NYSE SST opened at $1.45 on Friday. The business’s 50 day moving average price is $1.51 and its 200 day moving average price is $1.75. System1, Inc. has a 52 week low of $1.04 and a 52 week high of $4.53. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 1.67.

System1 (NYSE:SST) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.45) EPS for the quarter. System1 had a negative return on equity of 42.08% and a negative net margin of 49.23%. The company had revenue of $84.92 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Evercore ISI dropped their target price on System1 from $3.00 to $2.00 and set an “in-line” rating on the stock in a research report on Tuesday, March 19th.

Institutional Investors Weigh In On System1

A hedge fund recently raised its stake in System1 stock. Arbor Trust Wealth Advisors LLC grew its stake in System1, Inc. (NYSE:SST) by 91.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,950 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in System1 were worth $47,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 87.50% of the company’s stock.

About System1

System1, Inc provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States, the United Kingdom, Canada, the Netherlands, and internationally. It operates through two segments: Owned and Operated Advertising, and Partner Network.