28,132 Shares in Innovative Solutions and Support, Inc. $ISSC Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,132 shares of the aerospace company’s stock, valued at approximately $351,000. D.A. Davidson & CO. owned approximately 0.16% of Innovative Solutions and Support as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Marshall Wace LLP lifted its position in shares of Innovative Solutions and Support by 48.9% during the 2nd quarter. Marshall Wace LLP now owns 289,827 shares of the aerospace company’s stock valued at $4,023,000 after acquiring an additional 95,178 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Innovative Solutions and Support by 104.1% during the second quarter. Raymond James Financial Inc. now owns 164,479 shares of the aerospace company’s stock worth $2,283,000 after purchasing an additional 83,894 shares during the period. Man Group plc lifted its holdings in shares of Innovative Solutions and Support by 6.3% during the second quarter. Man Group plc now owns 162,936 shares of the aerospace company’s stock valued at $2,262,000 after purchasing an additional 9,595 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Innovative Solutions and Support by 415.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 157,250 shares of the aerospace company’s stock valued at $2,183,000 after purchasing an additional 126,729 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Innovative Solutions and Support by 155.3% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 145,389 shares of the aerospace company’s stock valued at $2,018,000 after purchasing an additional 88,442 shares during the period. Institutional investors own 28.53% of the company’s stock.

Innovative Solutions and Support Stock Down 2.6%

Innovative Solutions and Support stock opened at $19.25 on Wednesday. The firm has a market cap of $341.73 million, a PE ratio of 22.13 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 firm’s 50 day moving average price is $13.07 and its two-hundred day moving average price is $13.12. Innovative Solutions and Support, Inc. has a twelve month low of $5.30 and a twelve month high of $20.39.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ISSC shares. Northland Capmk raised shares of Innovative Solutions and Support to a “strong-buy” rating in a research note on Friday, November 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Innovative Solutions and Support in a report on Wednesday, October 8th. Jones Trading raised shares of Innovative Solutions and Support to a “strong-buy” rating in a research note on Monday, January 5th. Zacks Research raised shares of Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 24th. Finally, Wall Street Zen upgraded Innovative Solutions and Support from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Four investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Innovative Solutions and Support has an average rating of “Buy” and an average target price of $16.25.

Innovative Solutions and Support 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.