Gregory Matz Sells 8,000 Shares of One Stop Systems (NASDAQ:OSS) Stock

One Stop Systems, Inc. (NASDAQ:OSS) Director Gregory Matz sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.52, for a total value of $140,160.00. Following the sale, the director owned 78,914 shares in the company, 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 Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

One Stop Systems Stock Up 0.7%

Shares of OSS stock opened at $17.56 on Thursday. The business has a 50-day moving average price of $11.33 and a two-hundred day moving average price of $9.21. One Stop Systems, Inc. has a 12-month low of $2.68 and a 12-month high of $18.49. The firm has a market cap of $434.43 million, a P/E ratio of 70.24 and a beta of 1.14.

One Stop Systems (NASDAQ:OSS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.06. The firm had revenue of $8.07 million for the quarter, compared to analyst estimates of $6.98 million. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%. As a group, research 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

Institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC increased its stake in shares of One Stop Systems by 0.9% during the second quarter. Geode Capital Management LLC now owns 199,729 shares of the company’s stock valued at $709,000 after buying an additional 1,837 shares during the period. Walleye Capital LLC purchased a new stake in One Stop Systems in the second quarter worth $46,000. Marshall Wace LLP lifted its stake in One Stop Systems by 1,130.1% in the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock worth $1,691,000 after acquiring an additional 437,664 shares during the period. Jane Street Group LLC boosted its holdings in One Stop Systems by 753.2% in the second quarter. Jane Street Group LLC now owns 268,182 shares of the company’s stock valued at $952,000 after acquiring an additional 236,750 shares in the last quarter. Finally, Marex Group plc purchased a new position in One Stop Systems during the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on OSS shares. Roth Mkm reissued a “buy” rating and set a $18.00 price target on shares of One Stop Systems in a research note on Wednesday, May 6th. Zacks Research lowered shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings raised shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th. Finally, Lake Street Capital lifted their price objective on One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, One Stop Systems presently has a consensus rating of “Moderate Buy” and a consensus 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.