Cee Holdings Trust Acquires 8,412 Shares of System1, Inc. (NYSE:SST) Stock

System1, Inc. (NYSE:SST) major shareholder Cee Holdings Trust acquired 8,412 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was acquired at an average price of $1.24 per share, for a total transaction of $10,430.88. Following the completion of the purchase, the insider now directly owns 8,768,056 shares of the company’s stock, valued at approximately $10,872,389.44. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 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 Wednesday, September 11th, Cee Holdings Trust purchased 4,034 shares of System1 stock. The stock was acquired at an average cost of $1.20 per share, for a total transaction of $4,840.80.
• On Monday, September 9th, Cee Holdings Trust acquired 2,196 shares of System1 stock. The stock was bought at an average price of $1.19 per share, for a total transaction of $2,613.24.
• On Thursday, September 5th, Cee Holdings Trust bought 4,352 shares of System1 stock. The shares were bought at an average price of $1.22 per share, with a total value of $5,309.44.
• On Tuesday, September 3rd, Cee Holdings Trust purchased 1,601 shares of System1 stock. The stock was bought at an average price of $1.23 per share, for a total transaction of $1,969.23.
• On Friday, August 30th, Cee Holdings Trust acquired 15,205 shares of System1 stock. The shares were bought at an average cost of $1.24 per share, with a total value of $18,854.20.
• On Friday, August 23rd, Cee Holdings Trust bought 37,477 shares of System1 stock. The shares were purchased at an average cost of $1.21 per share, for a total transaction of $45,347.17.
• On Tuesday, August 20th, Cee Holdings Trust purchased 1,500 shares of System1 stock. The stock was purchased at an average cost of $1.25 per share, with a total value of $1,875.00.
• On Thursday, August 15th, Cee Holdings Trust acquired 14,142 shares of System1 stock. The shares were purchased at an average cost of $1.08 per share, for a total transaction of $15,273.36.
• On Tuesday, August 13th, Cee Holdings Trust bought 965 shares of System1 stock. The stock was purchased at an average price of $1.10 per share, with a total value of $1,061.50.
• On Thursday, July 11th, Cee Holdings Trust purchased 6,749 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $9,786.05.

System1 Stock Performance

Shares of NYSE:SST remained flat at $1.22 during midday trading on Thursday. 155,383 shares of the stock were exchanged, compared to its average volume of 303,575. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.46 and a quick ratio of 1.46. The business has a 50 day moving average price of $1.28 and a 200 day moving average price of $1.51. System1, Inc. has a one year low of $1.04 and a one year high of $3.02. The stock has a market cap of $110.25 million, a price-to-earnings ratio of -0.54 and a beta of 1.34.

System1 (NYSE:SST) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.38) earnings per share for the quarter. The company had revenue of $94.58 million during the quarter. System1 had a negative net margin of 53.92% and a negative return on equity of 53.12%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in System1 stock. XTX Topco Ltd bought a new position in System1, Inc. (NYSE:SST) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,160 shares of the company’s stock, valued at approximately $37,000. 87.50% of the stock is currently owned by institutional investors and hedge funds.

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.