One Stop Systems, Inc. $OSS Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its stake in One Stop Systems, Inc. (NASDAQ:OSS) by 66.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,632 shares of the company’s stock after buying an additional 66,784 shares during the period. Sei Investments Co. owned about 0.67% of One Stop Systems worth $1,261,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted 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 valued at $709,000 after acquiring an additional 1,837 shares during the last quarter. Legato Capital Management LLC increased its position in shares of One Stop Systems by 22.7% in the 4th quarter. Legato Capital Management LLC now owns 16,324 shares of the company’s stock worth $117,000 after purchasing an additional 3,019 shares during the last quarter. Smartleaf Asset Management LLC bought a new stake in shares of One Stop Systems in the 4th quarter worth about $29,000. Dimensional Fund Advisors LP raised its stake in shares of One Stop Systems by 22.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 46,925 shares of the company’s stock valued at $252,000 after purchasing an additional 8,554 shares in the last quarter. Finally, Marex Group plc acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at about $36,000. 32.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at One Stop Systems

In related news, Director David George Bassett sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $17.64, for a total transaction of $141,120.00. Following the completion of the transaction, the director owned 24,984 shares in the company, valued at $440,717.76. The trade was a 24.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory W. Matz sold 8,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total value of $140,160.00. Following the transaction, the director owned 78,914 shares of the company’s stock, valued at approximately $1,382,573.28. The trade was a 9.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 21,000 shares of company stock worth $369,380. 3.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

OSS has been the topic of several research analyst reports. Clear Str raised shares of One Stop Systems to a “strong-buy” rating in a research report on Monday, July 13th. Roth Capital reaffirmed a “buy” rating and set a $18.00 target price on shares of One Stop Systems in a report on Wednesday, May 6th. Lake Street Capital boosted their price target on One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a report on Friday, June 5th. Wall Street Zen lowered One Stop Systems from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, One Stop Systems currently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

One Stop Systems Stock Up 0.6%

Shares of NASDAQ OSS opened at $12.72 on Wednesday. The firm’s 50-day moving average price is $14.96 and its two-hundred day moving average price is $12.29. One Stop Systems, Inc. has a 52-week low of $4.17 and a 52-week high of $20.88. The stock has a market capitalization of $317.24 million, a P/E ratio of 254.45 and a beta of 1.46.

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.