One Stop Systems (NASDAQ:OSS) Director Sells $140,160.00 in Stock

One Stop Systems, Inc. (NASDAQ:OSS) Director Gregory Matz sold 8,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total transaction of $140,160.00. Following the transaction, the director directly owned 78,914 shares in the company, valued at $1,382,573.28. The trade was a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

One Stop Systems Price Performance

OSS stock opened at $17.91 on Friday. One Stop Systems, Inc. has a 52-week low of $2.69 and a 52-week high of $18.49. The company has a 50-day moving average of $11.47 and a two-hundred day moving average of $9.30. The stock has a market capitalization of $443.09 million, a price-to-earnings ratio of 71.64 and a beta of 1.14.

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

Institutional Investors Weigh In On One Stop Systems

Several large investors have recently modified their holdings of OSS. Smartleaf Asset Management LLC acquired a new position in shares of One Stop Systems in the 4th quarter worth approximately $29,000. Marex Group plc acquired a new position in shares of One Stop Systems in the 2nd quarter worth approximately $36,000. FNY Investment Advisers LLC acquired a new position in shares of One Stop Systems in the 4th quarter worth approximately $46,000. Walleye Capital LLC acquired a new position in shares of One Stop Systems in the 2nd quarter worth approximately $46,000. Finally, DNB Asset Management AS acquired a new stake in One Stop Systems during the 3rd quarter valued at $83,000. 32.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on OSS. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. Zacks Research cut shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Weiss Ratings upgraded shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Roth Mkm reiterated a “buy” rating and issued a $18.00 target price on shares of One Stop Systems in a research note on Wednesday, May 6th. Finally, Lake Street Capital increased their target price on shares of One Stop Systems from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

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.