Innovative Solutions and Support (NASDAQ:ISSC) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Innovative Solutions and Support, Inc. (NASDAQ:ISSC)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.92 and traded as high as $19.52. Innovative Solutions and Support shares last traded at $18.96, with a volume of 669,797 shares.

Wall Street Analyst Weigh In

ISSC has been the subject of a number of analyst reports. Wall Street Zen raised shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Innovative Solutions and Support in a research note on Wednesday, October 8th. Northland Capmk upgraded Innovative Solutions and Support to a “strong-buy” rating in a report on Friday, November 21st. Zacks Research upgraded Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 24th. Finally, Craig Hallum initiated coverage on Innovative Solutions and Support in a research report on Friday, December 5th. They issued a “buy” rating and a $16.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $16.25.

Innovative Solutions and Support Stock Down 1.4%

The company has a market cap of $336.54 million, a P/E ratio of 21.79 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.50 and a current ratio of 3.04. The business’s fifty day moving average is $12.11 and its two-hundred day moving average is $12.92.

Institutional Inflows and Outflows

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

Innovative Solutions and Support Company Profile

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.