Research Solutions, Inc. (NASDAQ:RSSS) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its position in Research Solutions, Inc. (NASDAQ:RSSS) by 36.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 238,459 shares of the company’s stock after acquiring an additional 63,581 shares during the period. Geode Capital Management LLC owned approximately 0.73% of Research Solutions worth $651,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Luxor Capital Group LP increased its stake in Research Solutions by 122.4% during the 3rd quarter. Luxor Capital Group LP now owns 358,608 shares of the company’s stock valued at $979,000 after buying an additional 197,346 shares during the period. Needham Investment Management LLC increased its stake in Research Solutions by 5.5% during the 3rd quarter. Needham Investment Management LLC now owns 2,875,000 shares of the company’s stock valued at $7,849,000 after buying an additional 150,000 shares during the period. Bard Associates Inc. increased its stake in Research Solutions by 1.4% during the 3rd quarter. Bard Associates Inc. now owns 626,725 shares of the company’s stock valued at $1,711,000 after buying an additional 8,455 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Research Solutions by 8.7% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 187,122 shares of the company’s stock valued at $511,000 after buying an additional 14,950 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Research Solutions by 12.6% during the 2nd quarter. Renaissance Technologies LLC now owns 117,100 shares of the company’s stock valued at $299,000 after buying an additional 13,089 shares during the period. Institutional investors and hedge funds own 33.60% of the company’s stock.

Research Solutions Trading Up 2.5 %

Research Solutions stock opened at $4.05 on Friday. The stock has a market cap of $131.67 million, a price-to-earnings ratio of -50.63, a PEG ratio of 4.43 and a beta of 0.60. The company’s 50-day moving average price is $3.55 and its two-hundred day moving average price is $2.99. Research Solutions, Inc. has a 52 week low of $2.38 and a 52 week high of $4.24.

Research Solutions Profile

Research Solutions, Inc, through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally. It provides Discover platform that facilitates search discovery across virtually all scientific, technical, and medical (STM) articles available, including free basic search solutions and advanced search tools, which include the Resolute.ai and scite.ai products, a tools that allows for searching and identifying relevant research and find insights in other datasets adjacent to STM content, such as clinical trial, patent, life science and medtech regulatory information, competitor and technology landscape insights in addition to searching the customer’s internal datasets.