One Stop Systems, Inc. (NASDAQ:OSS – Get Free Report) saw unusually large options trading on Tuesday. Stock traders bought 37,853 call options on the company. This represents an increase of 1,805% compared to the average volume of 1,987 call options.
Analysts Set New Price Targets
OSS has been the topic of a number of research analyst reports. Lake Street Capital boosted their target price on shares of One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Clear Str raised One Stop Systems to a “strong-buy” rating in a report on Monday, July 13th. Weiss Ratings downgraded One Stop Systems from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 25th. Finally, Wall Street Zen lowered One Stop Systems from a “hold” rating to a “sell” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $16.00.
View Our Latest Research Report on One Stop Systems
One Stop Systems Stock Performance
One Stop Systems (NASDAQ:OSS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. One Stop Systems had a return on equity of 2.22% and a net margin of 2.67%.The firm had revenue of $9.35 million during the quarter, compared to analyst estimates of $8.50 million. During the same period last year, the company earned ($0.09) earnings per share. As a group, analysts predict that One Stop Systems will post -0.1 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of One Stop Systems in the second quarter worth about $33,412,000. Bard Associates Inc. purchased a new position in One Stop Systems during the second quarter valued at approximately $9,569,000. Sei Investments Co. grew its stake in One Stop Systems by 66.9% during the first quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock valued at $1,261,000 after acquiring an additional 66,784 shares in the last quarter. Squarepoint Ops LLC increased its holdings in One Stop Systems by 124.6% during the 2nd quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock worth $2,388,000 after acquiring an additional 72,870 shares during the period. Finally, Manatuck Hill Partners LLC increased its holdings in One Stop Systems by 100.0% during the 4th quarter. Manatuck Hill Partners LLC now owns 100,000 shares of the company’s stock worth $718,000 after acquiring an additional 50,000 shares during the period. Hedge funds and other institutional investors own 32.67% of the company’s stock.
About One Stop Systems
One Stop Systems, Inc (NASDAQ: OSS) designs and manufactures high-performance computing systems for applications that require rapid data processing in demanding environments. The company focuses on artificial intelligence and machine learning, sensor processing, data acquisition, and other compute-intensive workloads for defense, aerospace, industrial, and commercial customers.
Its product portfolio includes ruggedized servers, GPU-accelerated computing platforms, PCI Express expansion systems, high-performance storage solutions, and related hardware designed to connect processors, graphics processing units, sensors, and other specialized components.
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