One Stop Systems (NASDAQ:OSS) Upgraded to Strong-Buy at Clear Str

Clear Str upgraded shares of One Stop Systems (NASDAQ:OSS) to a strong-buy rating in a research note published on Monday morning,Zacks.com reports.

A number of other analysts also recently commented on the company. Zacks Research downgraded One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of One Stop Systems in a report on Thursday, June 18th. Roth Capital reaffirmed a “buy” rating and set a $18.00 price objective on shares of One Stop Systems in a research note on Wednesday, May 6th. Lake Street Capital lifted their target price on shares of One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a report on Friday, June 5th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

One Stop Systems Price Performance

Shares of One Stop Systems stock opened at $13.22 on Monday. The stock has a market cap of $327.06 million, a PE ratio of 52.88 and a beta of 1.43. The firm has a fifty day moving average price of $16.55 and a 200 day moving average price of $11.78. One Stop Systems has a 1 year low of $4.17 and a 1 year high of $20.88.

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

Insiders Place Their Bets

In other One Stop Systems news, Director Mitchell H. Herbets sold 5,000 shares of the stock in a transaction that occurred 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 transaction, the director owned 48,984 shares in the company, valued at approximately $863,098.08. This represents a 9.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.64, for a total value of $141,120.00. Following the completion of the sale, the director directly owned 24,984 shares in the company, valued at approximately $440,717.76. The trade was a 24.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 21,000 shares of company stock worth $369,380. 3.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On One Stop Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in OSS. Arrowstreet Capital Limited Partnership purchased a new position in One Stop Systems during the third quarter valued at $2,959,000. Marshall Wace LLP increased its stake in shares of One Stop Systems by 1,130.1% during the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock worth $1,691,000 after purchasing an additional 437,664 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new stake in shares of One Stop Systems during the third quarter worth about $1,566,000. Jane Street Group LLC raised its position in shares of One Stop Systems by 85.2% during the 4th quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock worth $4,335,000 after purchasing an additional 277,763 shares during the last quarter. Finally, Trexquant Investment LP raised its position in shares of One Stop Systems by 177.3% during the 4th quarter. Trexquant Investment LP now owns 256,810 shares of the company’s stock worth $1,844,000 after purchasing an additional 164,189 shares during the last quarter. Hedge funds and other institutional investors own 32.67% of the company’s stock.

About One Stop Systems

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.