System1 (NYSE:SST) Trading Down 0.4% – Time to Sell?

Shares of System1, Inc. (NYSE:SST) dropped 0.4% on Wednesday . The stock traded as low as $2.50 and last traded at $2.5610. Approximately 24,077 shares changed hands during trading, a decline of 64% from the average daily volume of 66,827 shares. The stock had previously closed at $2.57.

Analyst Upgrades and Downgrades

A number of research firms have commented on SST. Weiss Ratings reiterated a “sell (e+)” rating on shares of System1 in a research note on Friday, May 8th. Wall Street Zen lowered System1 from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, System1 presently has an average rating of “Hold” and a consensus price target of $10.00.

System1 Stock Down 0.4%

The company’s 50 day moving average price is $3.07 and its 200 day moving average price is $3.31. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 13.11. The firm has a market capitalization of $25.46 million, a price-to-earnings ratio of -0.21 and a beta of 1.53.

Insider Transactions at System1

In other news, CFO Tridivesh Kidambi bought 26,910 shares of System1 stock in a transaction that occurred on Wednesday, April 15th. The stock was bought at an average price of $3.00 per share, for a total transaction of $80,730.00. Following the purchase, the chief financial officer directly owned 146,816 shares of the company’s stock, valued at approximately $440,448. The trade was a 22.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 10.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in System1 stock. BNP Paribas Financial Markets lifted its position in System1, Inc. (NYSE:SST) by 125.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,511 shares of the company’s stock after purchasing an additional 2,513 shares during the quarter. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 as of its most recent SEC filing. 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.