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

System1, Inc. (NYSE:SST) major shareholder Cee Holdings Trust acquired 66,290 shares of System1 stock in a transaction dated Monday, July 1st. The stock was acquired at an average cost of $1.44 per share, with a total value of $95,457.60. Following the completion of the transaction, 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 can be accessed through this hyperlink. Major shareholders that own at least 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 acquired 23,136 shares of System1 stock. The stock was acquired at an average cost of $1.45 per share, with a total value of $33,547.20.
• On Wednesday, June 26th, Cee Holdings Trust acquired 43,307 shares of System1 stock. The stock was acquired at an average cost of $1.45 per share, with a total value of $62,795.15.
• On Monday, June 24th, Cee Holdings Trust bought 1,200 shares of System1 stock. The stock was purchased at an average cost of $1.45 per share, with a total value of $1,740.00.
• On Thursday, June 20th, Cee Holdings Trust bought 2,382 shares of System1 stock. The stock was purchased at an average cost of $1.45 per share, with a total value of $3,453.90.

System1 Price Performance

System1 stock opened at $1.45 on Thursday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 1.67. The stock has a fifty day moving average price of $1.52 and a two-hundred day moving average price of $1.75. System1, Inc. has a 52-week low of $1.04 and a 52-week high of $4.53.

System1 (NYSE:SST) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.45) earnings per share (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 for the quarter.

Institutional Trading of System1

An institutional investor recently raised its position in System1 stock. Arbor Trust Wealth Advisors LLC grew its holdings in System1, Inc. (NYSE:SST) by 91.3% in the fourth quarter, according to the company in its most recent Form 13F filing 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 currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Evercore ISI reduced their target price on System1 from $3.00 to $2.00 and set an “in-line” rating for the company in a research 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.