One Stop Systems (NASDAQ:OSS) Director Sells $88,100.00 in Stock

One Stop Systems, Inc. (NASDAQ:OSS) Director Mitchell Herbets sold 5,000 shares of One Stop Systems 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 completion of the transaction, the director directly owned 48,984 shares in the company, valued at $863,098.08. This represents a 9.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

One Stop Systems Price Performance

Shares of OSS opened at $17.91 on Friday. The firm’s 50 day moving average is $11.47 and its 200-day moving average is $9.30. The stock has a market capitalization of $443.09 million, a P/E ratio of 71.64 and a beta of 1.14. One Stop Systems, Inc. has a 12-month low of $2.69 and a 12-month high of $18.49.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.06. The business had revenue of $8.07 million for the quarter, compared to the consensus estimate 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 research analysts forecast that One Stop Systems, Inc. will post -0.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Trading of One Stop Systems

Institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC acquired a new stake in shares of One Stop Systems during the fourth quarter worth approximately $29,000. Marex Group plc acquired a new stake in shares of One Stop Systems during the second quarter worth approximately $36,000. FNY Investment Advisers LLC acquired a new stake in shares of One Stop Systems during the fourth quarter worth approximately $46,000. Walleye Capital LLC acquired a new stake in shares of One Stop Systems during the second quarter worth approximately $46,000. Finally, DNB Asset Management AS acquired a new stake in shares of One Stop Systems during the third quarter worth approximately $83,000. 32.67% of the stock is currently owned by institutional investors and hedge funds.

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.