TSX runs higher on rate cut expectations
Christopher Harborne, a ten percent owner of Innovative Solutions & Support Inc (NASDAQ: ISSC), sold 90,655 shares of the company’s common stock on June 25, 2025. The shares were sold at a price of $12.9217, for a total transaction value of $1,171,416.
Following the transaction, Harborne directly owns 1,860,586 shares through Klear Kite LLC, a Delaware limited liability company, whose sole member is Christopher Harborne. InvestingPro subscribers can access 16 additional key insights about ISSC, including detailed insider trading patterns and comprehensive valuation metrics through the Pro Research Report, helping investors make more informed decisions about this rapidly growing company.
In other recent news, Innovative Solutions and Support reported impressive second quarter 2025 earnings, significantly outperforming market forecasts. The company achieved an earnings per share of $0.30, far exceeding the expected $0.12. Revenue also surpassed projections, reaching $21.9 million against an anticipated $14.23 million. This strong performance was primarily driven by increased demand in military programs, notably the F-16, and effective operational leverage. The company also reported a substantial increase in net income to $5.3 million from $1.2 million the previous year. Additionally, Innovative Solutions and Support is optimistic about its future, targeting over 30% growth in both revenue and EBITDA for the fiscal year 2025. The company continues to focus on strategic acquisitions and expanding its production capacity, with ongoing facility expansion expected to triple production capabilities. The firm remains confident in its strategic positioning and growth potential as it executes its long-term value creation strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.