Research Solutions, Inc. (NASDAQ:RSSS) Shares Bought by Bard Associates Inc.

Bard Associates Inc. grew its stake in shares of Research Solutions, Inc. (NASDAQ:RSSS) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 649,321 shares of the company’s stock after purchasing an additional 22,596 shares during the quarter. Bard Associates Inc. owned approximately 1.98% of Research Solutions worth $2,695,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Guerra Pan Advisors LLC bought a new stake in Research Solutions in the 4th quarter valued at about $42,000. White Pine Capital LLC increased its stake in shares of Research Solutions by 168.0% in the fourth quarter. White Pine Capital LLC now owns 118,322 shares of the company’s stock valued at $491,000 after purchasing an additional 74,174 shares during the period. Geode Capital Management LLC raised its holdings in shares of Research Solutions by 36.4% during the third quarter. Geode Capital Management LLC now owns 238,459 shares of the company’s stock valued at $651,000 after buying an additional 63,581 shares during the last quarter. Luxor Capital Group LP boosted its position in shares of Research Solutions by 122.4% during the third quarter. Luxor Capital Group LP now owns 358,608 shares of the company’s stock worth $979,000 after buying an additional 197,346 shares during the period. Finally, Parthenon LLC grew its holdings in Research Solutions by 7.1% in the 4th quarter. Parthenon LLC now owns 392,284 shares of the company’s stock worth $1,628,000 after buying an additional 26,000 shares in the last quarter. 33.60% of the stock is currently owned by institutional investors.

Research Solutions Price Performance

RSSS opened at $2.99 on Tuesday. The stock’s 50 day moving average price is $3.74 and its 200 day moving average price is $3.24. The stock has a market cap of $97.61 million, a P/E ratio of -19.93, a P/E/G ratio of 4.33 and a beta of 0.54. Research Solutions, Inc. has a 12 month low of $2.38 and a 12 month high of $4.24.

Research Solutions (NASDAQ:RSSS) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). The business had revenue of $11.91 million for the quarter, compared to analyst estimates of $11.86 million. Research Solutions had a negative net margin of 8.41% and a negative return on equity of 6.59%. Equities analysts anticipate that Research Solutions, Inc. will post 0.05 EPS for the current year.

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.