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

Posted by Charles Blunt on Sep 22nd, 2024

System1, Inc. (NYSE:SST – Get Free Report) major shareholder Cee Holdings Trust purchased 8,412 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were acquired at an average price of $1.24 per share, with a total value of $10,430.88. Following the purchase, the insider now directly owns 8,768,056 shares in the company, valued at approximately $10,872,389.44. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Wednesday, September 11th, Cee Holdings Trust acquired 4,034 shares of System1 stock. The shares were acquired at an average price of $1.20 per share, with a total value of $4,840.80.
On Monday, September 9th, Cee Holdings Trust bought 2,196 shares of System1 stock. The stock was acquired at an average price of $1.19 per share, for a total transaction of $2,613.24.
On Thursday, September 5th, Cee Holdings Trust purchased 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 acquired 1,601 shares of System1 stock. The stock was bought at an average cost of $1.23 per share, with a total value of $1,969.23.
On Friday, August 30th, Cee Holdings Trust bought 15,205 shares of System1 stock. The shares were bought at an average cost of $1.24 per share, for a total transaction of $18,854.20.
On Friday, August 23rd, Cee Holdings Trust purchased 37,477 shares of System1 stock. The stock was bought at an average cost of $1.21 per share, with a total value of $45,347.17.
On Tuesday, August 20th, Cee Holdings Trust acquired 1,500 shares of System1 stock. The shares were purchased at an average cost of $1.25 per share, for a total transaction of $1,875.00.
On Thursday, August 15th, Cee Holdings Trust bought 14,142 shares of System1 stock. The stock was purchased at an average price of $1.08 per share, with a total value of $15,273.36.
On Tuesday, August 13th, Cee Holdings Trust purchased 965 shares of System1 stock. The shares were purchased at an average price of $1.10 per share, for a total transaction of $1,061.50.
On Thursday, July 11th, Cee Holdings Trust acquired 6,749 shares of System1 stock. The stock was purchased at an average price of $1.45 per share, with a total value of $9,786.05.

System1 Price Performance

System1 stock opened at $1.16 on Friday. System1, Inc. has a 52 week low of $1.04 and a 52 week high of $3.02. The company’s 50 day moving average price is $1.27 and its two-hundred day moving average price is $1.50. The stock has a market cap of $104.52 million, a P/E ratio of -0.51 and a beta of 1.34. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 2.04.

System1 (NYSE:SST – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.38) EPS for the quarter. System1 had a negative return on equity of 53.12% and a negative net margin of 53.92%. The business had revenue of $94.58 million for the quarter.

Institutional Investors Weigh In On System1

A hedge fund recently raised its stake in System1 stock. Renaissance Technologies LLC increased its stake in shares of System1, Inc. (NYSE:SST – Free Report) by 126.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,900 shares of the company’s stock after buying an additional 32,300 shares during the period. Renaissance Technologies LLC owned about 0.06% of System1 worth $88,000 as of its most recent SEC filing. 87.50% of the stock is currently owned by institutional investors.

System1 Company Profile

(Get Free Report)

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.