WINTON GROUP Ltd Purchases New Shares in Innovative Solutions and Support, Inc. $ISSC

WINTON GROUP Ltd acquired a new position in Innovative Solutions and Support, Inc. (NASDAQ:ISSC) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 89,864 shares of the aerospace company’s stock, valued at approximately $1,122,000.

Other hedge funds have also modified their holdings of the company. Matauro LLC purchased a new position in shares of Innovative Solutions and Support in the 3rd quarter valued at about $125,000. American Century Companies Inc. grew its holdings in 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 valued at $172,000 after purchasing an additional 2,228 shares during the period. Quantbot Technologies LP acquired a new stake in Innovative Solutions and Support in the third quarter valued at approximately $160,000. J.W. Cole Advisors Inc. increased its position 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 buying an additional 1,700 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Innovative Solutions and Support during the 2nd quarter worth approximately $224,000. 28.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ISSC shares. Craig Hallum began coverage on shares of Innovative Solutions and Support in a research note on Friday, December 5th. They issued a “buy” rating and a $16.00 price target on the stock. Northland Securities assumed coverage on shares of Innovative Solutions and Support in a report on Friday, November 21st. They set an “outperform” rating and a $16.50 price objective on the stock. Zacks Research upgraded shares of Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 24th. Weiss Ratings upgraded shares of Innovative Solutions and Support from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Finally, JonesTrading raised shares of Innovative Solutions and Support to a “strong-buy” rating in a research note on Monday, January 5th. Four analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average price target of $16.25.

Innovative Solutions and Support Trading Down 1.9%

Shares of ISSC stock opened at $29.97 on Thursday. Innovative Solutions and Support, Inc. has a fifty-two week low of $5.30 and a fifty-two week high of $30.94. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.53 and a current ratio of 2.96. The stock’s fifty day moving average is $22.13 and its two-hundred day moving average is $15.31. The firm has a market capitalization of $532.87 million, a P/E ratio of 28.54 and a beta of 0.57.

Innovative Solutions and Support (NASDAQ:ISSC) last released its earnings results on Thursday, February 12th. The aerospace company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.15. The business had revenue of $21.81 million during the quarter, compared to analyst estimates of $18.82 million. Innovative Solutions and Support had a net margin of 21.02% and a return on equity of 30.44%.

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.