JPMorgan Chase & Co. Buys 23,225 Shares of System1, Inc. (NYSE:SST)

JPMorgan Chase & Co. lifted its stake in shares of System1, Inc. (NYSE:SST) by 215.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 33,993 shares of the company’s stock after buying an additional 23,225 shares during the period. JPMorgan Chase & Co.’s holdings in System1 were worth $38,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SST. Barclays PLC grew its holdings in shares of System1 by 56.1% during the 3rd quarter. Barclays PLC now owns 38,866 shares of the company’s stock worth $44,000 after acquiring an additional 13,969 shares during the period. Geode Capital Management LLC boosted its position in shares of System1 by 3.6% during the third quarter. Geode Capital Management LLC now owns 473,732 shares of the company’s stock valued at $531,000 after purchasing an additional 16,504 shares in the last quarter. Renaissance Technologies LLC grew its stake in System1 by 126.2% in the second quarter. Renaissance Technologies LLC now owns 57,900 shares of the company’s stock worth $88,000 after purchasing an additional 32,300 shares during the period. Finally, Jane Street Group LLC raised its holdings in System1 by 74.3% in the third quarter. Jane Street Group LLC now owns 103,589 shares of the company’s stock worth $116,000 after purchasing an additional 44,147 shares in the last quarter. 87.50% of the stock is owned by institutional investors.

System1 Stock Performance

Shares of SST stock opened at $0.67 on Wednesday. The company’s fifty day moving average price is $0.84 and its 200-day moving average price is $1.04. The stock has a market cap of $61.58 million, a PE ratio of -0.55 and a beta of 1.35. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 2.52. System1, Inc. has a 12 month low of $0.60 and a 12 month high of $2.73.

System1 (NYSE:SST) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.34) earnings per share (EPS) for the quarter. The company had revenue of $88.83 million for the quarter. System1 had a negative net margin of 24.18% and a negative return on equity of 68.85%.

System1 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.