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

Posted by Defense World Staff on Sep 20th, 2024

System1, Inc. (NYSE:SST – Get Free Report) major shareholder Cee Holdings Trust purchased 8,412 shares of System1 stock in a transaction dated Monday, September 16th. The shares were purchased at an average price of $1.24 per share, with a total value of $10,430.88. Following the completion of the transaction, the insider now directly owns 8,768,056 shares in the company, valued at $10,872,389.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Wednesday, September 11th, Cee Holdings Trust purchased 4,034 shares of System1 stock. The shares were purchased at an average price of $1.20 per share, for a total transaction of $4,840.80.
On Monday, September 9th, Cee Holdings Trust purchased 2,196 shares of System1 stock. The stock was acquired at an average cost of $1.19 per share, with a total value of $2,613.24.
On Thursday, September 5th, Cee Holdings Trust purchased 4,352 shares of System1 stock. The stock was purchased at an average cost of $1.22 per share, for a total transaction of $5,309.44.
On Tuesday, September 3rd, Cee Holdings Trust acquired 1,601 shares of System1 stock. The shares were bought at an average cost of $1.23 per share, for a total transaction of $1,969.23.
On Friday, August 30th, Cee Holdings Trust acquired 15,205 shares of System1 stock. The shares were purchased at an average cost of $1.24 per share, with a total value of $18,854.20.
On Friday, August 23rd, Cee Holdings Trust bought 37,477 shares of System1 stock. The stock was bought at an average cost of $1.21 per share, for a total transaction of $45,347.17.
On Tuesday, August 20th, Cee Holdings Trust bought 1,500 shares of System1 stock. The shares were acquired at an average price 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 bought at an average cost of $1.08 per share, with a total value of $15,273.36.
On Tuesday, August 13th, Cee Holdings Trust bought 965 shares of System1 stock. The shares were acquired at an average cost of $1.10 per share, with a total value 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 cost of $1.45 per share, with a total value of $9,786.05.

System1 Stock Performance

Shares of NYSE SST opened at $1.22 on Friday. The firm’s fifty day moving average is $1.28 and its two-hundred day moving average is $1.51. System1, Inc. has a 52-week low of $1.04 and a 52-week high of $3.02. The company has a market cap of $110.25 million, a P/E ratio of -0.54 and a beta of 1.34. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.46 and a current ratio of 1.46.

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

Institutional Investors Weigh In On System1

A hedge fund recently bought a new stake in System1 stock. XTX Topco Ltd purchased a new position in System1, Inc. (NYSE:SST – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,160 shares of the company’s stock, valued at approximately $37,000. Institutional investors and hedge funds own 87.50% of the company’s stock.

About System1

(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.