WINTON GROUP Ltd Purchases New Position in SoundThinking, Inc. (NASDAQ:SSTI)

WINTON GROUP Ltd acquired a new stake in SoundThinking, Inc. (NASDAQ:SSTI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,487 shares of the company's stock, valued at approximately $228,000. WINTON GROUP Ltd owned 0.14% of SoundThinking as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. R Squared Ltd bought a new position in shares of SoundThinking in the fourth quarter valued at $70,000. BNP Paribas Financial Markets lifted its holdings in shares of SoundThinking by 145.2% during the third quarter. BNP Paribas Financial Markets now owns 8,843 shares of the company's stock valued at $102,000 after purchasing an additional 5,236 shares during the last quarter. Diversified Investment Strategies LLC acquired a new position in shares of SoundThinking in the 4th quarter valued at $131,000. Barclays PLC increased its stake in SoundThinking by 245.5% in the 3rd quarter. Barclays PLC now owns 24,755 shares of the company's stock worth $286,000 after purchasing an additional 17,591 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in SoundThinking during the 4th quarter worth about $329,000. Institutional investors own 60.74% of the company's stock.

SoundThinking Trading Down 4.2 %

NASDAQ SSTI traded down $0.68 during trading on Friday, reaching $15.56. 68,015 shares of the company's stock were exchanged, compared to its average volume of 65,574. SoundThinking, Inc. has a fifty-two week low of $9.33 and a fifty-two week high of $19.43. The company's fifty day simple moving average is $15.44 and its 200-day simple moving average is $13.36. The firm has a market capitalization of $195.88 million, a PE ratio of -129.66 and a beta of 1.29.

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SoundThinking (NASDAQ:SSTI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The company had revenue of $23.41 million for the quarter, compared to analyst estimates of $26.65 million. SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%. Equities analysts forecast that SoundThinking, Inc. will post -0.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SSTI has been the subject of several recent analyst reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $20.00 target price on shares of SoundThinking in a report on Wednesday, February 26th. Craig Hallum upgraded shares of SoundThinking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, SoundThinking currently has a consensus rating of "Moderate Buy" and an average price target of $21.20.

SoundThinking Company Profile

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes.