2 weeks Ago By ABMN Staff
Renaissance Technologies LLC lifted its holdings in shares of Innovative Solutions and Support, Inc. ( NASDAQ:ISSC – Free Report ) by 18.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The firm owned 480,659 shares of the aerospace company’s stock after acquiring an additional 75,100 shares during the quarter. Renaissance Technologies LLC owned approximately 2.74% of Innovative Solutions and Support worth $4,105,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Mesirow Financial Investment Management Inc. boosted its position in Innovative Solutions and Support by 100.
0% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 119,880 shares of the aerospace company’s stock worth $1,024,000 after purchasing an additional 59,940 shares during the period.
Virtu Financial LLC bought a new stake in shares of Innovative Solutions and Support during the 4th quarter worth about $339,000. Isthmus Partners LLC grew its stake in Innovative Solutions and Support by 17.9% in the 4th quarter.
Isthmus Partners LLC now owns 190,460 shares of the aerospace company’s stock valued at $1,627,000 after buying an additional 28,882 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Innovative Solutions and Support in the 4th quarter valued at about $107,000. Finally, Connor Clark & Lunn Investment Management Ltd.
lifted its position in Innovative Solutions and Support by 28.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 56,535 shares of the aerospace company’s stock worth $483,000 after acquiring an additional 12,495 shares during the last quarter. 28.53% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Innovative Solutions and Support In other news, major shareholder Christopher Harborne sold 14,970 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $11.59, for a total transaction of $173,502.
30. Following the completion of the sale, the insider now owns 2,296,645 shares of the company’s stock, valued at approximately $26,618,115.55.
This represents a 0.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Insiders sold a total of 155,023 shares of company stock valued at $1,743,213 over the last quarter. 4.40% of the stock is owned by corporate insiders.
Innovative Solutions and Support Trading Down 2.8 % Innovative Solutions and Support ( NASDAQ:ISSC – Get Free Report ) last released its quarterly earnings results on Thursday, February 13th. The aerospace company reported $0.
04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.11).
Innovative Solutions and Support had a net margin of 12.40% and a return on equity of 16.80%.
The business had revenue of $15.97 million during the quarter. Wall Street Analysts Forecast Growth Separately, StockNews.
com upgraded Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Friday, April 11th. Check Out Our Latest Report on ISSC About Innovative Solutions and Support ( Free Report ) Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.
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