One Stop Systems (NASDAQ:OSS) Upgraded at Clear Str

Clear Str upgraded shares of One Stop Systems (NASDAQ:OSS) to a strong-buy rating in a research report released on Monday,Zacks.com reports.

A number of other brokerages have also weighed in on OSS. Lake Street Capital upped their target price on shares of One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. Roth Capital reaffirmed a “buy” rating and set a $18.00 price target on shares of One Stop Systems in a research report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of One Stop Systems in a report on Thursday, June 18th. Zacks Research cut 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 restated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

One Stop Systems Stock Performance

Shares of OSS stock opened at $13.22 on Monday. The company has a market capitalization of $327.06 million, a P/E ratio of 52.88 and a beta of 1.43. The company’s 50 day moving average price is $16.55 and its two-hundred day moving average price is $11.78. One Stop Systems has a 52 week low of $4.17 and a 52 week high of $20.88.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.06. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. The company had revenue of $8.07 million during the quarter, compared to analysts’ expectations of $6.98 million. Analysts forecast that One Stop Systems will post -0.08 earnings per share for the current year.

Insider Buying and Selling

In related news, Director David George Bassett sold 8,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.64, for a total value of $141,120.00. Following the sale, the director owned 24,984 shares in the company, valued at approximately $440,717.76. This represents a 24.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory W. Matz sold 8,000 shares of the firm’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 position. 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. In the last three months, insiders have sold 21,000 shares of company stock valued at $369,380. 3.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of OSS. Smartleaf Asset Management LLC acquired a new stake in One Stop Systems during the fourth quarter worth approximately $29,000. Marex Group plc acquired a new stake in One Stop Systems during the 2nd quarter worth approximately $36,000. FNY Investment Advisers LLC acquired a new stake in One Stop Systems during the 4th quarter worth approximately $46,000. Walleye Capital LLC bought a new stake in One Stop Systems in the 2nd quarter valued at $46,000. Finally, Strait & Sound Wealth Management LLC bought a new stake in One Stop Systems in the 1st quarter valued at $84,000. 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.