WealthTrust Axiom LLC Boosts Stock Holdings in Innovative Solutions and Support, Inc. $ISSC

WealthTrust Axiom LLC raised its holdings in Innovative Solutions and Support, Inc. (NASDAQ:ISSC) by 19.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 386,370 shares of the aerospace company’s stock after purchasing an additional 62,712 shares during the period. Innovative Solutions and Support accounts for about 1.9% of WealthTrust Axiom LLC’s holdings, making the stock its 11th biggest position. WealthTrust Axiom LLC owned 2.17% of Innovative Solutions and Support worth $7,318,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ISSC. WINTON GROUP Ltd purchased a new position in Innovative Solutions and Support during the third quarter valued at approximately $1,122,000. Hennion & Walsh Asset Management Inc. purchased a new position in Innovative Solutions and Support during the fourth quarter valued at approximately $1,224,000. Teton Advisors LLC purchased a new position in Innovative Solutions and Support during the third quarter valued at approximately $1,707,000. Pekin Hardy Strauss Inc. grew its stake in Innovative Solutions and Support by 23.1% during the third quarter. Pekin Hardy Strauss Inc. now owns 139,700 shares of the aerospace company’s stock valued at $1,745,000 after acquiring an additional 26,200 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its stake in Innovative Solutions and Support by 50.5% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 90,199 shares of the aerospace company’s stock valued at $1,708,000 after acquiring an additional 30,259 shares in the last quarter. Hedge funds and other institutional investors own 28.53% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on ISSC. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Innovative Solutions and Support in a research note on Friday, May 22nd. Wall Street Zen cut shares of Innovative Solutions and Support from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Zacks Research cut shares of Innovative Solutions and Support from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $16.25.

Innovative Solutions and Support Stock Performance

Shares of Innovative Solutions and Support stock opened at $18.48 on Monday. Innovative Solutions and Support, Inc. has a 1 year low of $8.13 and a 1 year high of $30.94. The firm has a market cap of $330.66 million, a PE ratio of 19.66 and a beta of 0.61. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.23 and a quick ratio of 1.53. The company has a 50 day simple moving average of $19.72 and a two-hundred day simple moving average of $20.04.

Innovative Solutions and Support (NASDAQ:ISSC) last announced its earnings results on Thursday, May 14th. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. Innovative Solutions and Support had a net margin of 18.82% and a return on equity of 27.52%. The business had revenue of $22.37 million during the quarter, compared to analyst estimates of $21.59 million. Analysts expect that Innovative Solutions and Support, Inc. will post 0.97 earnings per share for the current fiscal year.

About Innovative Solutions and Support

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.