System1 (NYSE:SST) CFO Tridivesh Kidambi Acquires 26,910 Shares of Stock

System1, Inc. (NYSE:SST) CFO Tridivesh Kidambi acquired 26,910 shares of System1 stock in a transaction on Wednesday, April 15th. The shares were purchased at an average cost of $3.00 per share, for a total transaction of $80,730.00. Following the acquisition, the chief financial officer owned 146,816 shares in the company, valued at approximately $440,448. This represents a 22.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

System1 Stock Performance

SST stock opened at $2.12 on Friday. The business’s fifty day moving average is $2.83 and its 200-day moving average is $4.19. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 13.11. The company has a market cap of $21.03 million, a P/E ratio of -0.26 and a beta of 1.56. System1, Inc. has a twelve month low of $1.35 and a twelve month high of $15.00.

System1 (NYSE:SST) last issued its quarterly earnings data on Wednesday, March 11th. The company reported ($1.65) EPS for the quarter. System1 had a negative return on equity of 163.44% and a negative net margin of 24.55%.The business had revenue of $51.94 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of System1 in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Institutional Investors Weigh In On System1

An institutional investor recently raised its position in System1 stock. BNP Paribas Financial Markets raised its position in shares of System1, Inc. (NYSE:SST) by 125.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,511 shares of the company’s stock after purchasing an additional 2,513 shares during the period. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 at the end of the most recent reporting period. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

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.