System1, Inc. $SST Stock Purchased by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC grew its holdings in shares of System1, Inc. (NYSE:SST) by 398.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 376,737 shares of the company’s stock after purchasing an additional 301,192 shares during the quarter. Crescent Grove Advisors LLC owned about 3.59% of System1 worth $987,000 at the end of the most recent reporting period.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SST shares. Benchmark dropped their price objective on System1 from $8.00 to $6.50 and set a “buy” rating on the stock in a report on Thursday, August 6th. Weiss Ratings lowered System1 from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, September 3rd. Wall Street Zen upgraded System1 to a “sell” rating in a research note on Saturday, September 26th. Finally, Zacks Research upgraded shares of System1 to a “hold” rating in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $6.50.

System1 Stock Up 3.0%

NYSE SST opened at $2.16 on Thursday. The firm has a market cap of $22.69 million, a price-to-earnings ratio of -0.19 and a beta of 1.62. The company has a 50-day simple moving average of $2.68 and a two-hundred day simple moving average of $2.72. System1, Inc. has a 12-month low of $1.35 and a 12-month high of $7.07.

System1 (NYSE:SST) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($1.54) EPS for the quarter. System1 had a negative return on equity of 439.90% and a negative net margin of 50.66%. The company had revenue of $30.20 million during the quarter. Equities analysts expect that System1, Inc. will post -8.85 earnings per share for the current fiscal year.

About System1

System1, Inc is a marketing technology company that develops performance-based customer acquisition solutions. Its platform is designed to help advertisers attract and convert consumers through digital marketing campaigns, while enabling publishers and other partners to monetize traffic.

The company’s technology supports the acquisition of high-intent users across categories such as insurance, finance, travel and shopping. System1 combines data, predictive technology and digital media to identify potential customers, direct them to relevant offers and measure campaign performance.