Quantbot Technologies LP Acquires New Holdings in Innovative Solutions and Support, Inc. $ISSC

Quantbot Technologies LP bought a new position in shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 36,018 shares of the aerospace company’s stock, valued at approximately $648,000. Quantbot Technologies LP owned approximately 0.20% of Innovative Solutions and Support as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ISSC. Jane Street Group LLC boosted its holdings in shares of Innovative Solutions and Support by 53.5% in the first quarter. Jane Street Group LLC now owns 48,250 shares of the aerospace company’s stock valued at $303,000 after buying an additional 16,808 shares during the period. Geode Capital Management LLC lifted its position in Innovative Solutions and Support by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 123,258 shares of the aerospace company’s stock valued at $1,711,000 after acquiring an additional 725 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in Innovative Solutions and Support in the 2nd quarter valued at $848,000. American Century Companies Inc. boosted its stake in Innovative Solutions and Support by 21.9% in the 2nd quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company’s stock worth $172,000 after purchasing an additional 2,228 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Innovative Solutions and Support by 415.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 157,250 shares of the aerospace company’s stock worth $2,183,000 after purchasing an additional 126,729 shares in the last quarter. 28.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings lowered Innovative Solutions and Support from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 12th. Zacks Research lowered Innovative Solutions and Support from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Wall Street Zen cut Innovative Solutions and Support from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Innovative Solutions and Support has an average rating of “Buy” and an average price target of $16.25.

Innovative Solutions and Support Trading Up 1.0%

Shares of NASDAQ:ISSC opened at $21.67 on Friday. The company’s 50-day moving average price is $19.49 and its two-hundred day moving average price is $21.03. Innovative Solutions and Support, Inc. has a one year low of $8.13 and a one year high of $30.94. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.97 and a quick ratio of 1.49. The stock has a market capitalization of $387.74 million, a PE ratio of 20.64 and a beta of 0.59.

Innovative Solutions and Support (NASDAQ:ISSC) last announced its quarterly earnings data on Thursday, August 13th. The aerospace company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.11. The company had revenue of $26.73 million during the quarter, compared to analysts’ expectations of $23.98 million. Innovative Solutions and Support had a return on equity of 30.53% and a net margin of 20.50%. On average, equities analysts forecast that Innovative Solutions and Support, Inc. will post 0.97 EPS for the current fiscal year.

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.