Insider Buying: System1 (NYSE:SST) CFO Buys $80,730.00 in Stock

System1, Inc. (NYSE:SST) CFO Tridivesh Kidambi purchased 26,910 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were acquired at an average cost of $3.00 per share, for a total transaction of $80,730.00. Following the completion of the transaction, the chief financial officer directly owned 146,816 shares in the company, valued at approximately $440,448. This represents a 22.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

System1 Trading Down 1.2%

Shares of NYSE:SST opened at $2.12 on Monday. The company’s 50-day moving average price is $2.83 and its two-hundred day moving average price is $4.15. The company has a debt-to-equity ratio of 13.11, a current ratio of 1.02 and a quick ratio of 1.02. System1, Inc. has a one year low of $1.35 and a one year high of $15.00. The stock has a market capitalization of $21.03 million, a PE ratio of -0.26 and a beta of 1.56.

System1 (NYSE:SST) last issued its quarterly earnings results on Wednesday, March 11th. The company reported ($1.65) EPS for the quarter. System1 had a negative return on equity of 163.44% and a negative net margin of 24.55%.The business had revenue of $51.94 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of System1 in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $10.00.

Institutional Investors Weigh In On System1

A hedge fund recently bought a new stake in System1 stock. Citadel Advisors LLC bought a new stake in System1, Inc. (NYSE:SST) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned 0.10% of System1 as of its most recent filing with the SEC. 87.50% of the stock is currently owned by institutional investors and hedge funds.

About System1

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.