One Stop Systems, Inc. (NASDAQ:OSS) Given Average Recommendation of “Moderate Buy” by Brokerages

One Stop Systems, Inc. (NASDAQ:OSS) has been given an average recommendation of “Moderate Buy” by the five brokerages that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.00.

Several equities research analysts have recently commented on the company. Weiss Ratings raised One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 23rd. Roth Mkm reissued a “buy” rating and issued a $18.00 price objective on shares of One Stop Systems in a report on Wednesday, May 6th. Zacks Research downgraded One Stop Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Lake Street Capital increased their price objective on One Stop Systems from $9.00 to $12.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th.

Insider Buying and Selling at One Stop Systems

In other news, Director Mitchell H. Herbets sold 5,000 shares of One Stop Systems stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.62, for a total transaction of $88,100.00. Following the completion of the sale, the director owned 48,984 shares of the company’s stock, valued at approximately $863,098.08. This trade represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director David George Bassett sold 8,000 shares of One Stop Systems stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.64, for a total value of $141,120.00. Following the sale, the director directly owned 24,984 shares of the company’s stock, valued at $440,717.76. This represents a 24.25% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 21,000 shares of company stock valued at $369,380 in the last quarter. 3.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On One Stop Systems

Hedge funds and other institutional investors have recently modified their holdings of the company. Polar Asset Management Partners Inc. acquired a new stake in shares of One Stop Systems during the third quarter worth $1,566,000. DNB Asset Management AS lifted its holdings in shares of One Stop Systems by 883.4% during the fourth quarter. DNB Asset Management AS now owns 152,901 shares of the company’s stock worth $1,098,000 after buying an additional 137,353 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new stake in shares of One Stop Systems during the fourth quarter worth $221,000. Legato Capital Management LLC lifted its holdings in shares of One Stop Systems by 22.7% during the fourth quarter. Legato Capital Management LLC now owns 16,324 shares of the company’s stock worth $117,000 after buying an additional 3,019 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of One Stop Systems by 66.9% during the first quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock worth $1,261,000 after buying an additional 66,784 shares in the last quarter. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Stock Performance

NASDAQ OSS opened at $19.02 on Thursday. The business has a 50 day simple moving average of $12.21 and a 200 day simple moving average of $9.68. One Stop Systems has a 52-week low of $2.94 and a 52-week high of $20.88. The stock has a market cap of $470.55 million, a price-to-earnings ratio of 76.08 and a beta of 1.42.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.06. The company had revenue of $8.07 million during the quarter, compared to analysts’ expectations of $6.98 million. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. On average, analysts predict that One Stop Systems will post -0.08 EPS for the current year.

One Stop Systems Company Profile

One Stop Systems, Inc (NASDAQ: OSS) develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company’s solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company’s product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.