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

One Stop Systems, Inc. (NASDAQ:OSS) Director Gregory Matz sold 8,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.52, for a total transaction of $140,160.00. Following the completion of the sale, the director owned 78,914 shares in the company, valued at approximately $1,382,573.28. This trade represents a 9.20% decrease in their position. The sale was disclosed in a filing with the SEC, 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 Performance

Shares of One Stop Systems stock traded down $0.39 during trading on Tuesday, reaching $17.44. The company had a trading volume of 1,654,318 shares, compared to its average volume of 2,198,768. The company has a market cap of $431.47 million, a price-to-earnings ratio of 69.76 and a beta of 1.14. The firm’s fifty day moving average is $11.04 and its 200-day moving average is $9.04. One Stop Systems, Inc. has a fifty-two week low of $2.51 and a fifty-two week high of $18.49.

One Stop Systems (NASDAQ:OSS) last issued its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, research analysts anticipate that One Stop Systems, Inc. will post -0.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Roth Mkm restated a “buy” rating and issued a $18.00 target price on shares of One Stop Systems in a research note on Wednesday, May 6th. Lake Street Capital increased their price objective on shares of One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Zacks Research lowered shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, One Stop Systems has an average rating of “Moderate Buy” and an average price target of $13.00.

Institutional Investors Weigh In On One Stop Systems

Several institutional investors and hedge funds have recently bought and sold shares of OSS. Arrowstreet Capital Limited Partnership acquired a new stake in One Stop Systems during the third quarter worth about $2,959,000. Marshall Wace LLP raised its stake in 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 acquiring an additional 437,664 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in One Stop Systems during the third quarter worth about $1,566,000. Jane Street Group LLC raised its stake in One Stop Systems by 85.2% during the fourth quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock worth $4,335,000 after acquiring an additional 277,763 shares during the period. Finally, Trexquant Investment LP raised its stake in One Stop Systems by 177.3% during the fourth quarter. Trexquant Investment LP now owns 256,810 shares of the company’s stock worth $1,844,000 after acquiring an additional 164,189 shares during the period. Institutional investors and hedge funds own 32.67% of the company’s stock.

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.