CSP Inc. (NASDAQ:CSPI) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in shares of CSP Inc. (NASDAQ:CSPI) by 16.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,094 shares of the information technology services provider’s stock after selling 2,001 shares during the period. GSA Capital Partners LLP owned approximately 0.10% of CSP worth $131,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Copeland Capital Management LLC acquired a new stake in CSP in the 3rd quarter valued at approximately $42,000. Apis Capital Advisors LLC boosted its position in shares of CSP by 50.0% during the second quarter. Apis Capital Advisors LLC now owns 36,000 shares of the information technology services provider’s stock worth $536,000 after buying an additional 12,000 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of CSP by 122.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 197,556 shares of the information technology services provider’s stock valued at $2,944,000 after buying an additional 108,778 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of CSP by 3.7% in the 2nd quarter. Renaissance Technologies LLC now owns 442,226 shares of the information technology services provider’s stock valued at $6,589,000 after buying an additional 15,800 shares during the period. Finally, American Century Companies Inc. acquired a new position in CSP during the 2nd quarter worth about $503,000. 26.74% of the stock is owned by hedge funds and other institutional investors.

CSP Trading Up 7.6 %

CSP stock opened at $18.49 on Tuesday. The firm has a market capitalization of $180.46 million, a P/E ratio of 66.07 and a beta of 1.38. CSP Inc. has a twelve month low of $8.22 and a twelve month high of $29.92. The stock’s fifty day simple moving average is $12.88 and its 200-day simple moving average is $13.82.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of CSP from a “buy” rating to a “hold” rating in a research note on Tuesday, August 20th.

CSP Company Profile

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.