Hodges Capital Management Inc. Has $1 Million Holdings in Research Solutions, Inc. (NASDAQ:RSSS)

Hodges Capital Management Inc. lessened its position in shares of Research Solutions, Inc. (NASDAQ:RSSS) by 32.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 317,635 shares of the company’s stock after selling 154,990 shares during the quarter. Hodges Capital Management Inc. owned approximately 0.97% of Research Solutions worth $1,004,000 at the end of the most recent quarter.

Separately, First Dallas Securities Inc. acquired a new stake in shares of Research Solutions during the 3rd quarter worth approximately $387,000. 33.60% of the stock is owned by hedge funds and other institutional investors.

Research Solutions Trading Down 2.3 %

Shares of RSSS opened at $2.55 on Friday. Research Solutions, Inc. has a 12-month low of $2.00 and a 12-month high of $3.50. The business’s fifty day moving average is $2.74 and its 200 day moving average is $2.84.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Lake Street Capital assumed coverage on shares of Research Solutions in a research report on Tuesday, April 23rd. They set a “buy” rating and a $5.00 price objective for the company. Maxim Group raised their price objective on shares of Research Solutions from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Friday, May 10th.

Research Solutions Profile

Research Solutions, Inc, through its subsidiaries, provides cloud-based software-as-a-service research platform. The company is also involved in the transactional sale of published scientific, technical, and medical (STM) content managed, sourced, and delivered through the Transactions platform. Its solutions enable life science and other research intensive organizations to accelerate their research and development activities with access and management STM articles used throughout the intellectual property development lifecycle.