Palisades Investment Partners LLC Takes $2.93 Million Position in Innovative Solutions and Support, Inc. $ISSC

Palisades Investment Partners LLC acquired a new position in shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 234,323 shares of the aerospace company’s stock, valued at approximately $2,927,000. Palisades Investment Partners LLC owned about 1.33% of Innovative Solutions and Support at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ISSC. Matauro LLC purchased a new stake in shares of Innovative Solutions and Support in the 3rd quarter valued at approximately $125,000. American Century Companies Inc. grew its position in Innovative Solutions and Support by 21.9% in the second quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company’s stock worth $172,000 after acquiring an additional 2,228 shares during the period. Meixler Investment Management Ltd. increased its stake in Innovative Solutions and Support by 31.4% during the second quarter. Meixler Investment Management Ltd. now owns 15,275 shares of the aerospace company’s stock worth $212,000 after acquiring an additional 3,650 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in Innovative Solutions and Support by 12.4% during the second quarter. J.W. Cole Advisors Inc. now owns 15,360 shares of the aerospace company’s stock worth $213,000 after acquiring an additional 1,700 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Innovative Solutions and Support in the 2nd quarter valued at $224,000. 28.53% of the stock is currently owned by institutional investors and hedge funds.

Innovative Solutions and Support Price Performance

Innovative Solutions and Support stock opened at $21.64 on Friday. The company has a quick ratio of 1.50, a current ratio of 3.04 and a debt-to-equity ratio of 0.34. Innovative Solutions and Support, Inc. has a 52-week low of $5.30 and a 52-week high of $22.60. The firm has a market cap of $384.11 million, a PE ratio of 24.87 and a beta of 0.67. The company’s 50 day moving average is $15.16 and its two-hundred day moving average is $13.57.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ISSC. Craig Hallum started coverage on Innovative Solutions and Support in a research report on Friday, December 5th. They set a “buy” rating and a $16.00 price objective for the company. Wall Street Zen upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Innovative Solutions and Support in a report on Thursday. Zacks Research upgraded shares of Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 24th. Finally, Northland Securities assumed coverage on Innovative Solutions and Support in a research note on Friday, November 21st. They set an “outperform” rating and a $16.50 price target on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy” and an average price target of $16.25.

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.