Innovative Solutions and Support, Inc. (NASDAQ:ISSC - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.71 and traded as high as $15.65. Innovative Solutions and Support shares last traded at $15.05, with a volume of 483,938 shares traded.
Wall Street Analysts Forecast Growth
ISSC has been the subject of several analyst reports. Wall Street Zen upgraded Innovative Solutions and Support from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st. Singular Research raised Innovative Solutions and Support to a "strong-buy" rating in a research note on Friday, May 16th.
Get Our Latest Report on ISSC
Innovative Solutions and Support Price Performance
The company has a market cap of $273.04 million, a price-to-earnings ratio of 25.43 and a beta of 0.94. The company has a quick ratio of 2.66, a current ratio of 4.87 and a debt-to-equity ratio of 0.51. The company's fifty day moving average price is $13.42 and its two-hundred day moving average price is $9.84.
Innovative Solutions and Support (NASDAQ:ISSC - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The aerospace company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.12 by $0.18. The company had revenue of $21.94 million during the quarter, compared to the consensus estimate of $15.37 million. Innovative Solutions and Support had a return on equity of 24.37% and a net margin of 16.61%.
Insider Activity at Innovative Solutions and Support
In other news, major shareholder Christopher Harborne sold 145,009 shares of the stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $13.69, for a total value of $1,985,173.21. Following the completion of the sale, the insider owned 1,583,411 shares of the company's stock, valued at approximately $21,676,896.59. This represents a 8.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders sold 713,234 shares of company stock valued at $9,102,691. Corporate insiders own 4.40% of the company's stock.
Institutional Investors Weigh In On Innovative Solutions and Support
A number of large investors have recently added to or reduced their stakes in ISSC. Marshall Wace LLP bought a new position in Innovative Solutions and Support during the 4th quarter worth $1,283,000. Punch & Associates Investment Management Inc. increased its position in Innovative Solutions and Support by 68.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 210,000 shares of the aerospace company's stock worth $1,321,000 after buying an additional 85,000 shares during the period. OMERS ADMINISTRATION Corp bought a new position in Innovative Solutions and Support during the 1st quarter worth $523,000. Renaissance Technologies LLC increased its position in Innovative Solutions and Support by 18.5% during the 4th quarter. Renaissance Technologies LLC now owns 480,659 shares of the aerospace company's stock worth $4,105,000 after buying an additional 75,100 shares during the period. Finally, Walleye Capital LLC increased its position in Innovative Solutions and Support by 158.7% during the 1st quarter. Walleye Capital LLC now owns 86,824 shares of the aerospace company's stock worth $546,000 after buying an additional 53,267 shares during the period. Institutional investors own 28.53% of the company's stock.
About Innovative Solutions and Support
(
Get Free Report)
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.
See Also
Before you consider Innovative Solutions and Support, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Innovative Solutions and Support wasn't on the list.
While Innovative Solutions and Support currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for September 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access