Research Solutions, Inc. (NASDAQ:RSSS) Position Boosted by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in shares of Research Solutions, Inc. (NASDAQ:RSSS) by 36.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 238,459 shares of the company’s stock after purchasing an additional 63,581 shares during the period. Geode Capital Management LLC’s holdings in Research Solutions were worth $651,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Oppenheimer Asset Management Inc. boosted its holdings in shares of Research Solutions by 36.5% in the second quarter. Oppenheimer Asset Management Inc. now owns 136,932 shares of the company’s stock worth $349,000 after buying an additional 36,599 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Research Solutions by 12.6% in the second quarter. Renaissance Technologies LLC now owns 117,100 shares of the company’s stock worth $299,000 after buying an additional 13,089 shares during the period. Luxor Capital Group LP acquired a new position in shares of Research Solutions in the second quarter worth about $411,000. Dynamic Advisor Solutions LLC boosted its holdings in shares of Research Solutions by 8.7% in the third quarter. Dynamic Advisor Solutions LLC now owns 187,122 shares of the company’s stock worth $511,000 after buying an additional 14,950 shares during the period. Finally, Bard Associates Inc. boosted its holdings in shares of Research Solutions by 1.4% in the third quarter. Bard Associates Inc. now owns 626,725 shares of the company’s stock worth $1,711,000 after buying an additional 8,455 shares during the period. Institutional investors own 33.60% of the company’s stock.

Research Solutions Price Performance

Shares of RSSS opened at $4.05 on Friday. Research Solutions, Inc. has a one year low of $2.38 and a one year high of $4.24. The company has a 50-day moving average of $3.55 and a two-hundred day moving average of $2.99. The stock has a market cap of $131.67 million, a price-to-earnings ratio of -50.63, a PEG ratio of 4.43 and a beta of 0.60.

Research Solutions Profile

Research Solutions, Inc, through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally. It provides Discover platform that facilitates search discovery across virtually all scientific, technical, and medical (STM) articles available, including free basic search solutions and advanced search tools, which include the Resolute.ai and scite.ai products, a tools that allows for searching and identifying relevant research and find insights in other datasets adjacent to STM content, such as clinical trial, patent, life science and medtech regulatory information, competitor and technology landscape insights in addition to searching the customer’s internal datasets.