System1, Inc. (NYSE:SST) Major Shareholder Cee Holdings Trust Acquires 23,136 Shares of Stock

System1, Inc. (NYSE:SST) major shareholder Cee Holdings Trust acquired 23,136 shares of System1 stock in a transaction that occurred on Friday, June 28th. The stock was bought at an average price of $1.45 per share, for a total transaction of $33,547.20. Following the completion of the acquisition, the insider now owns 8,361,546 shares in the company, valued at approximately $12,124,241.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, July 1st, Cee Holdings Trust acquired 66,290 shares of System1 stock. The stock was bought at an average price of $1.44 per share, for a total transaction of $95,457.60.
• On Wednesday, June 26th, Cee Holdings Trust acquired 43,307 shares of System1 stock. The stock was bought at an average price of $1.45 per share, for a total transaction of $62,795.15.
• On Monday, June 24th, Cee Holdings Trust acquired 1,200 shares of System1 stock. The stock was bought at an average price of $1.45 per share, for a total transaction of $1,740.00.
• On Thursday, June 20th, Cee Holdings Trust acquired 2,382 shares of System1 stock. The stock was bought at an average price of $1.45 per share, for a total transaction of $3,453.90.

System1 Stock Down 0.7 %

Shares of NYSE:SST opened at $1.43 on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.79 and a quick ratio of 1.79. The firm has a market capitalization of $128.85 million, a PE ratio of -0.63 and a beta of 1.35. The firm’s 50-day moving average is $1.53 and its two-hundred day moving average is $1.75. System1, Inc. has a 1 year low of $1.04 and a 1 year high of $4.56.

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

Institutional Trading of System1

An institutional investor recently raised its position in System1 stock. Arbor Trust Wealth Advisors LLC lifted its stake in shares of System1, Inc. (NYSE:SST) by 91.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,950 shares of the company’s stock after buying an additional 10,000 shares during the quarter. Arbor Trust Wealth Advisors LLC’s holdings in System1 were worth $47,000 at the end of the most recent reporting period. 87.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

System1 Company Profile

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.