StockNews.com upgraded shares of Innovative Solutions and Support (NASDAQ:ISSC – Free Report) from a buy rating to a strong-buy rating in a report issued on Tuesday.
Innovative Solutions and Support Trading Up 0.3 %
Shares of NASDAQ:ISSC opened at $7.02 on Tuesday. The company has a market capitalization of $122.81 million, a price-to-earnings ratio of 19.50 and a beta of 1.08. Innovative Solutions and Support has a 12 month low of $4.91 and a 12 month high of $9.00. The firm’s 50-day moving average is $6.23 and its 200 day moving average is $6.69.
Insider Buying and Selling at Innovative Solutions and Support
In other news, Director Glen R. Bressner bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average price of $6.53 per share, with a total value of $32,650.00. Following the completion of the transaction, the director now directly owns 123,201 shares of the company’s stock, valued at approximately $804,502.53. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Glen R. Bressner purchased 4,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were bought at an average price of $6.83 per share, for a total transaction of $27,320.00. Following the completion of the transaction, the director now owns 128,201 shares in the company, valued at $875,612.83. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Glen R. Bressner purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average price of $6.53 per share, for a total transaction of $32,650.00. Following the transaction, the director now owns 123,201 shares of the company’s stock, valued at approximately $804,502.53. The disclosure for this purchase can be found here. 3.70% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Innovative Solutions and Support
About Innovative Solutions and Support
Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.
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