Dynamic Advisor Solutions LLC Cuts Stake in Research Solutions, Inc. (NASDAQ:RSSS)

Dynamic Advisor Solutions LLC cut its stake in Research Solutions, Inc. (NASDAQ:RSSS) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,582 shares of the company’s stock after selling 4,540 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Research Solutions were worth $758,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC lifted its position in shares of Research Solutions by 12.6% in the second quarter. Renaissance Technologies LLC now owns 117,100 shares of the company’s stock valued at $299,000 after acquiring an additional 13,089 shares in the last quarter. Geode Capital Management LLC raised its stake in Research Solutions by 36.4% in the 3rd quarter. Geode Capital Management LLC now owns 238,459 shares of the company’s stock valued at $651,000 after purchasing an additional 63,581 shares during the last quarter. Luxor Capital Group LP lifted its holdings in Research Solutions by 122.4% in the 3rd quarter. Luxor Capital Group LP now owns 358,608 shares of the company’s stock valued at $979,000 after purchasing an additional 197,346 shares in the last quarter. Bard Associates Inc. boosted its stake in Research Solutions by 1.4% during the 3rd quarter. Bard Associates Inc. now owns 626,725 shares of the company’s stock worth $1,711,000 after purchasing an additional 8,455 shares during the last quarter. Finally, Needham Investment Management LLC grew its holdings in shares of Research Solutions by 5.5% during the third quarter. Needham Investment Management LLC now owns 2,875,000 shares of the company’s stock worth $7,849,000 after buying an additional 150,000 shares in the last quarter. 33.60% of the stock is currently owned by institutional investors and hedge funds.

Research Solutions Trading Up 2.8 %

NASDAQ:RSSS opened at $4.06 on Monday. The company has a market cap of $133.25 million, a P/E ratio of -50.75, a P/E/G ratio of 4.36 and a beta of 0.55. Research Solutions, Inc. has a twelve month low of $2.38 and a twelve month high of $4.24. The company’s 50-day moving average price is $3.78 and its 200-day moving average price is $3.08.

Research Solutions Profile

Research Solutions, Inc, through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally. It provides Discover platform that facilitates search discovery across virtually all scientific, technical, and medical (STM) articles available, including free basic search solutions and advanced search tools, which include the Resolute.ai and scite.ai products, a tools that allows for searching and identifying relevant research and find insights in other datasets adjacent to STM content, such as clinical trial, patent, life science and medtech regulatory information, competitor and technology landscape insights in addition to searching the customer’s internal datasets.