Cee Holdings Trust Purchases 45,616 Shares of System1, Inc. (NYSE:SST) Stock

System1, Inc. (NYSE:SST) major shareholder Cee Holdings Trust bought 45,616 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The stock was purchased at an average price of $1.45 per share, for a total transaction of $66,143.20. Following the acquisition, the insider now directly owns 8,551,161 shares in the company, valued at $12,399,183.45. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Cee Holdings Trust also recently made the following trade(s):

• On Thursday, July 11th, Cee Holdings Trust purchased 6,749 shares of System1 stock. The stock was bought at an average price of $1.45 per share, for a total transaction of $9,786.05.
• On Friday, July 5th, Cee Holdings Trust purchased 2,355 shares of System1 stock. The stock was bought at an average price of $1.45 per share, for a total transaction of $3,414.75.
• On Wednesday, July 3rd, Cee Holdings Trust purchased 248 shares of System1 stock. The stock was bought at an average price of $1.45 per share, for a total transaction of $359.60.
• On Monday, July 1st, Cee Holdings Trust bought 66,290 shares of System1 stock. The shares were acquired at an average price of $1.44 per share, for a total transaction of $95,457.60.
• On Friday, June 28th, Cee Holdings Trust bought 23,136 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $33,547.20.
• On Wednesday, June 26th, Cee Holdings Trust bought 43,307 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $62,795.15.
• On Monday, June 24th, Cee Holdings Trust bought 1,200 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $1,740.00.
• On Thursday, June 20th, Cee Holdings Trust bought 2,382 shares of System1 stock. The shares were acquired at an average price of $1.45 per share, for a total transaction of $3,453.90.

System1 Price Performance

NYSE:SST traded up $0.12 on Thursday, reaching $1.50. The stock had a trading volume of 117,419 shares, compared to its average volume of 333,032. The company has a market capitalization of $134.71 million, a P/E ratio of -0.66 and a beta of 1.35. System1, Inc. has a 1-year low of $1.04 and a 1-year high of $4.53. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.67. The stock has a fifty day moving average price of $1.49 and a 200-day moving average price of $1.72.

System1 (NYSE:SST) last announced its earnings results on Thursday, May 9th. The company reported ($0.45) earnings per share 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 during the quarter.

Institutional Investors Weigh In On System1

A hedge fund recently raised its stake in System1 stock. Arbor Trust Wealth Advisors LLC raised its position in System1, Inc. (NYSE:SST) by 91.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,950 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in System1 were worth $47,000 as of its most recent filing with the SEC. Institutional investors own 87.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI decreased their target price on shares of System1 from $3.00 to $2.00 and set an “in-line” rating on the stock in a research report on Tuesday, March 19th.

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.