Essex Investment Management Co. LLC Buys 16,093 Shares of One Stop Systems, Inc. (NASDAQ:OSS)

Essex Investment Management Co. LLC increased its stake in shares of One Stop Systems, Inc. (NASDAQ:OSS) by 24.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,311 shares of the company’s stock after acquiring an additional 16,093 shares during the quarter. Essex Investment Management Co. LLC owned approximately 0.39% of One Stop Systems worth $197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of OSS. Legato Capital Management LLC bought a new stake in shares of One Stop Systems in the 2nd quarter worth approximately $35,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of One Stop Systems in the 2nd quarter worth approximately $61,000. Renaissance Technologies LLC grew its position in shares of One Stop Systems by 15.7% in the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock worth $147,000 after buying an additional 8,300 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of One Stop Systems by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock worth $2,276,000 after buying an additional 13,036 shares during the last quarter. 32.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Joseph M. Jr. Manko purchased 50,000 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was acquired at an average price of $1.94 per share, with a total value of $97,000.00. Following the completion of the acquisition, the director now owns 1,149,899 shares of the company’s stock, valued at approximately $2,230,804.06. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 13.60% of the stock is currently owned by corporate insiders.

One Stop Systems Stock Performance

Shares of OSS stock opened at $2.36 on Monday. The firm has a market cap of $49.36 million, a P/E ratio of -6.38 and a beta of 1.27. One Stop Systems, Inc. has a fifty-two week low of $1.79 and a fifty-two week high of $4.57. The business’s 50 day moving average price is $2.23 and its 200-day moving average price is $2.45.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Thursday, August 8th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). The firm had revenue of $13.20 million during the quarter, compared to analysts’ expectations of $13.00 million. One Stop Systems had a negative net margin of 14.41% and a negative return on equity of 13.22%. As a group, equities analysts predict that One Stop Systems, Inc. will post -0.26 EPS for the current year.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.