GSA Capital Partners LLP Trims Holdings in CSP Inc. (NASDAQ:CSPI)

GSA Capital Partners LLP reduced its holdings in shares of CSP Inc. (NASDAQ:CSPI) by 16.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,094 shares of the information technology services provider’s stock after selling 2,001 shares during the period. GSA Capital Partners LLP’s holdings in CSP were worth $131,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Copeland Capital Management LLC acquired a new stake in shares of CSP during the third quarter worth $42,000. Apis Capital Advisors LLC raised its position in CSP by 50.0% during the 2nd quarter. Apis Capital Advisors LLC now owns 36,000 shares of the information technology services provider’s stock worth $536,000 after buying an additional 12,000 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of CSP in the 1st quarter worth $276,000. Renaissance Technologies LLC boosted its holdings in shares of CSP by 3.7% in the second quarter. Renaissance Technologies LLC now owns 442,226 shares of the information technology services provider’s stock valued at $6,589,000 after acquiring an additional 15,800 shares in the last quarter. Finally, American Century Companies Inc. acquired a new position in shares of CSP during the second quarter worth about $503,000. 26.74% of the stock is owned by hedge funds and other institutional investors.

CSP Price Performance

Shares of CSPI stock opened at $18.49 on Tuesday. The business’s fifty day moving average price is $12.88 and its 200 day moving average price is $13.82. The firm has a market capitalization of $180.46 million, a PE ratio of 66.07 and a beta of 1.38. CSP Inc. has a 1-year low of $8.22 and a 1-year high of $29.92.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered CSP from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th.

About CSP

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.