Innovative Solutions and Support, Inc. (NASDAQ:ISSC – Get Free Report) Director Glen R. Bressner purchased 4,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average price of $6.83 per share, with a total value of $27,320.00. Following the completion of the transaction, the director now directly owns 128,201 shares of the company’s stock, valued at approximately $875,612.83. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Innovative Solutions and Support Trading Up 4.9 %
NASDAQ:ISSC traded up $0.33 during trading hours on Friday, hitting $7.03. The company had a trading volume of 29,935 shares, compared to its average volume of 43,805. Innovative Solutions and Support, Inc. has a 1 year low of $4.91 and a 1 year high of $9.00. The company has a market cap of $122.98 million, a P/E ratio of 19.53 and a beta of 1.08. The company has a 50-day moving average of $6.08 and a 200 day moving average of $6.78.
Innovative Solutions and Support (NASDAQ:ISSC – Get Free Report) last released its quarterly earnings data on Monday, May 13th. The aerospace company reported $0.07 earnings per share (EPS) for the quarter. Innovative Solutions and Support had a net margin of 15.42% and a return on equity of 16.24%. The firm had revenue of $10.74 million during the quarter.
Institutional Trading of Innovative Solutions and Support
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Innovative Solutions and Support from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 31st.
Read Our Latest Analysis on Innovative Solutions and Support
About Innovative Solutions and Support
Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.
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