WINTON GROUP Ltd Invests $1.12 Million in Innovative Solutions and Support, Inc. $ISSC

WINTON GROUP Ltd acquired a new stake in shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSCFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 89,864 shares of the aerospace company’s stock, valued at approximately $1,122,000. WINTON GROUP Ltd owned about 0.51% of Innovative Solutions and Support at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Innovative Solutions and Support by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 123,258 shares of the aerospace company’s stock worth $1,711,000 after acquiring an additional 725 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in Innovative Solutions and Support by 1.2% during the 3rd quarter. Gamco Investors INC. ET AL now owns 128,500 shares of the aerospace company’s stock valued at $1,605,000 after purchasing an additional 1,500 shares during the last quarter. Meixler Investment Management Ltd. increased its holdings in shares of Innovative Solutions and Support by 10.1% in the third quarter. Meixler Investment Management Ltd. now owns 16,825 shares of the aerospace company’s stock valued at $210,000 after purchasing an additional 1,550 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of Innovative Solutions and Support by 12.4% in the second quarter. J.W. Cole Advisors Inc. now owns 15,360 shares of the aerospace company’s stock valued at $213,000 after purchasing an additional 1,700 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Innovative Solutions and Support by 21.9% in the second quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company’s stock worth $172,000 after purchasing an additional 2,228 shares during the last quarter. 28.53% of the stock is owned by institutional investors and hedge funds.

Innovative Solutions and Support Stock Performance

Shares of ISSC stock opened at $29.97 on Thursday. Innovative Solutions and Support, Inc. has a 52-week low of $5.30 and a 52-week high of $30.94. The company has a quick ratio of 1.53, a current ratio of 2.96 and a debt-to-equity ratio of 0.31. The stock has a market cap of $532.87 million, a PE ratio of 28.54 and a beta of 0.57. The business has a 50-day simple moving average of $22.13 and a 200-day simple moving average of $15.31.

Innovative Solutions and Support (NASDAQ:ISSCGet Free Report) last posted its earnings results on Thursday, February 12th. The aerospace company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.10 by $0.15. The firm had revenue of $21.81 million for the quarter, compared to analyst estimates of $18.82 million. Innovative Solutions and Support had a return on equity of 30.44% and a net margin of 21.02%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ISSC. JonesTrading raised Innovative Solutions and Support to a “strong-buy” rating in a report on Monday, January 5th. Zacks Research upgraded shares of Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 24th. Weiss Ratings raised shares of Innovative Solutions and Support from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Northland Securities began coverage on shares of Innovative Solutions and Support in a research note on Friday, November 21st. They set an “outperform” rating and a $16.50 price objective for the company. Finally, Wall Street Zen upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Four investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to MarketBeat, Innovative Solutions and Support currently has a consensus rating of “Strong Buy” and an average price target of $16.25.

Check Out Our Latest Report on ISSC

Innovative Solutions and Support Company Profile

(Free Report)

Innovative Solutions and Support, Inc (NASDAQ: ISSC) is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.

Further Reading

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Institutional Ownership by Quarter for Innovative Solutions and Support (NASDAQ:ISSC)

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