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

One Stop Systems, Inc. (NASDAQ:OSS) has earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $16.00.

Several equities analysts recently weighed in on the stock. Roth Mkm restated a “buy” rating and set a $18.00 target price on shares of One Stop Systems in a report on Wednesday, May 6th. Weiss Ratings restated a “hold (c-)” rating on shares of One Stop Systems in a report on Thursday, June 18th. 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. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. Finally, Zacks Research lowered shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th.

Insider Buying and Selling

In related news, Director Gregory W. Matz sold 8,000 shares of One Stop Systems stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.52, for a total transaction of $140,160.00. Following the sale, the director owned 78,914 shares of the company’s stock, valued at $1,382,573.28. The trade was a 9.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 sale, the director directly owned 48,984 shares in the company, valued at $863,098.08. This trade represents a 9.26% 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 have sold 21,000 shares of company stock valued at $369,380 in the last quarter. Company insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On One Stop Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OSS. Geode Capital Management LLC increased its stake in One Stop Systems by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 199,729 shares of the company’s stock worth $709,000 after buying an additional 1,837 shares during the period. Walleye Capital LLC purchased a new stake in One Stop Systems during the 2nd quarter worth $46,000. Marshall Wace LLP increased its stake in One Stop Systems by 1,130.1% during the 2nd quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock worth $1,691,000 after buying an additional 437,664 shares during the period. Jane Street Group LLC increased its stake in One Stop Systems by 753.2% during the 2nd quarter. Jane Street Group LLC now owns 268,182 shares of the company’s stock worth $952,000 after buying an additional 236,750 shares during the period. Finally, Marex Group plc purchased a new stake in One Stop Systems during the 2nd quarter worth $36,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

One Stop Systems Stock Performance

NASDAQ:OSS opened at $16.24 on Monday. The firm has a market capitalization of $401.78 million, a price-to-earnings ratio of 64.96 and a beta of 1.41. The firm’s fifty day simple moving average is $15.27 and its 200 day simple moving average is $11.07. One Stop Systems has a twelve month low of $3.46 and a twelve month high of $20.88.

One Stop Systems (NASDAQ:OSS) last posted its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.06. The business 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%. On average, analysts predict that One Stop Systems will post -0.08 earnings per share 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.