Charles Schwab Investment Management Inc. Sells 66,725 Shares of System1, Inc. (NYSE:SST)

Charles Schwab Investment Management Inc. decreased its position in System1, Inc. (NYSE:SST) by 54.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 54,967 shares of the company’s stock after selling 66,725 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.06% of System1 worth $62,000 at the end of the most recent quarter.

Separately, XTX Topco Ltd purchased a new stake in shares of System1 in the 2nd quarter worth $37,000. Hedge funds and other institutional investors own 87.50% of the company’s stock.

System1 Price Performance

Shares of System1 stock opened at $0.94 on Friday. The stock’s fifty day moving average is $1.01 and its 200 day moving average is $1.20. System1, Inc. has a one year low of $0.81 and a one year high of $3.02. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market cap of $86.09 million, a P/E ratio of -0.77 and a beta of 1.37.

System1 Profile

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.