Harborne Christopher sells innovative solutions (ISSC) stock for $1.1m

Published 26/06/2025, 18:00
Harborne Christopher sells innovative solutions (ISSC) stock for $1.1m

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.