Thompson Siegel & Walmsley LLC Decreases Stock Holdings in One Stop Systems, Inc. $OSS

Thompson Siegel & Walmsley LLC reduced its holdings in shares of One Stop Systems, Inc. (NASDAQ:OSS) by 23.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 153,124 shares of the company’s stock after selling 46,876 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in One Stop Systems were worth $1,099,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in OSS. Marex Group plc purchased a new position in shares of One Stop Systems in the second quarter valued at $36,000. Walleye Capital LLC purchased a new position in shares of One Stop Systems in the second quarter valued at $46,000. FNY Investment Advisers LLC purchased a new position in shares of One Stop Systems in the fourth quarter valued at $46,000. DNB Asset Management AS purchased a new position in shares of One Stop Systems in the third quarter valued at $83,000. Finally, Savant Capital LLC purchased a new position in shares of One Stop Systems in the fourth quarter valued at $87,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research downgraded shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. 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. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Finally, Lake Street Capital upped their target price on shares of One Stop Systems from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.00.

Insider Activity at One Stop Systems

In related news, Director Gregory W. Matz sold 8,000 shares of the company’s stock in a transaction on 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 directly owned 78,914 shares of the company’s stock, valued at $1,382,573.28. This represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director David George Bassett sold 8,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.64, for a total transaction of $141,120.00. Following the completion of the sale, the director directly owned 24,984 shares in the company, valued at $440,717.76. This represents a 24.25% decrease in their ownership of the stock. 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 over the last ninety days. Corporate insiders own 3.90% of the company’s stock.

One Stop Systems Price Performance

OSS opened at $19.95 on Wednesday. The stock has a market capitalization of $493.56 million, a PE ratio of 79.80 and a beta of 1.42. The firm’s fifty day moving average price is $11.79 and its 200 day moving average price is $9.48. One Stop Systems, Inc. has a 12-month low of $2.75 and a 12-month high of $20.88.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (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 analysts’ expectations 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, equities research analysts forecast that One Stop Systems, Inc. will post -0.08 earnings per share for the current fiscal 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.