Teton Advisors LLC Takes $1.71 Million Position in Innovative Solutions and Support, Inc. $ISSC

Teton Advisors LLC bought a new position in shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) during the third quarter, HoldingsChannel reports. The firm bought 136,700 shares of the aerospace company’s stock, valued at approximately $1,707,000.

Several other large investors have also recently added to or reduced their stakes in the company. Matauro LLC bought a new stake in shares of Innovative Solutions and Support in the 3rd quarter worth approximately $125,000. Quantbot Technologies LP acquired a new position in shares of Innovative Solutions and Support in the third quarter valued at $160,000. American Century Companies Inc. boosted its stake in Innovative Solutions and Support by 21.9% during the second quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company’s stock worth $172,000 after buying an additional 2,228 shares in the last quarter. Meixler Investment Management Ltd. boosted its stake in Innovative Solutions and Support by 10.1% during the third quarter. Meixler Investment Management Ltd. now owns 16,825 shares of the aerospace company’s stock worth $210,000 after buying an additional 1,550 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in Innovative Solutions and Support by 12.4% in the 2nd 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 during the period. Institutional investors and hedge funds own 28.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ISSC. 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. Wall Street Zen upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Weiss Ratings raised Innovative Solutions and Support from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Northland Securities initiated coverage on Innovative Solutions and Support in a research note on Friday, November 21st. They issued an “outperform” rating and a $16.50 price objective on the stock. Finally, JonesTrading raised Innovative Solutions and Support to a “strong-buy” rating in a report on Monday, January 5th. Four investment analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and a consensus price target of $16.25.

Innovative Solutions and Support Stock Down 7.3%

Shares of NASDAQ:ISSC opened at $26.19 on Friday. The company’s fifty day moving average is $21.50 and its 200-day moving average is $14.96. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.53 and a current ratio of 2.96. Innovative Solutions and Support, Inc. has a 52 week low of $5.30 and a 52 week high of $29.41. The company has a market capitalization of $465.66 million, a PE ratio of 24.94 and a beta of 0.57.

Innovative Solutions and Support (NASDAQ:ISSC) last announced 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. Innovative Solutions and Support had a net margin of 21.02% and a return on equity of 30.44%. The business had revenue of $21.81 million during the quarter, compared to analysts’ expectations of $18.82 million.

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.