Innovative Solutions & Support Inc (ISSC) Director Sells $92,185.60 in Stock

Innovative Solutions & Support Inc (NASDAQ:ISSC) Director Winston J. Churchill sold 28,808 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $3.20, for a total transaction of $92,185.60. Following the completion of the transaction, the director now directly owns 113,169 shares in the company, valued at $362,140.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Innovative Solutions & Support Inc (NASDAQ ISSC) opened at $3.20 on Friday. Innovative Solutions & Support Inc has a 12 month low of $2.60 and a 12 month high of $4.54. The firm has a market cap of $52.39, a price-to-earnings ratio of 11.03 and a beta of 0.46.

Innovative Solutions & Support (NASDAQ:ISSC) last released its quarterly earnings data on Tuesday, February 13th. The aerospace company reported ($0.05) earnings per share for the quarter. Innovative Solutions & Support had a net margin of 29.57% and a return on equity of 13.03%. The business had revenue of $3.09 million during the quarter.

An institutional investor recently raised its position in Innovative Solutions & Support stock. Renaissance Technologies LLC raised its holdings in Innovative Solutions & Support Inc (NASDAQ:ISSC) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 393,200 shares of the aerospace company’s stock after buying an additional 33,300 shares during the period. Renaissance Technologies LLC owned about 2.33% of Innovative Solutions & Support worth $1,156,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 24.46% of the company’s stock.

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Innovative Solutions & Support Company Profile

Innovative Solutions and Support, Inc (IS&S) is a systems integrator that designs, develops, manufactures, sells and services air data equipment, engine display systems, standby equipment, flight guidance and cockpit display systems for retrofit applications and original equipment manufacturers (OEMs).

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