One Stop Systems (NASDAQ:OSS) Rating Increased to Strong-Buy at Clear Str

One Stop Systems (NASDAQ:OSS) was upgraded by research analysts at Clear Str to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

OSS has been the topic of a number of other reports. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Zacks Research cut shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Lake Street Capital increased their price objective on shares of One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, June 5th. Weiss Ratings restated a “hold (c-)” rating on shares of One Stop Systems in a report on Thursday, June 18th. Finally, Roth Capital reaffirmed a “buy” rating and set a $18.00 price objective on shares of One Stop Systems in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $16.00.

One Stop Systems Price Performance

OSS opened at $13.22 on Monday. One Stop Systems has a 12 month low of $4.17 and a 12 month high of $20.88. The stock has a market capitalization of $327.06 million, a price-to-earnings ratio of 52.88 and a beta of 1.43. The business has a fifty day moving average price of $16.55 and a 200 day moving average price of $11.78.

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 analysts’ consensus estimates of ($0.05) by $0.06. The company had revenue of $8.07 million for the quarter, compared to analyst estimates of $6.98 million. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%. On average, research analysts anticipate that One Stop Systems will post -0.08 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Mitchell H. Herbets sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.62, for a total transaction of $88,100.00. Following the completion of the sale, the director owned 48,984 shares in the company, valued at approximately $863,098.08. The trade was a 9.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 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 transaction, the director directly owned 24,984 shares in the company, valued at $440,717.76. This trade 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 sold a total of 21,000 shares of company stock worth $369,380 over the last 90 days. 3.90% of the stock is owned by insiders.

Hedge Funds Weigh In On One Stop Systems

Hedge funds have recently made changes to their positions in the company. Polar Asset Management Partners Inc. acquired a new stake in shares of One Stop Systems during the third quarter worth about $1,566,000. Manatuck Hill Partners LLC grew its stake 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 buying an additional 50,000 shares during the last quarter. DNB Asset Management AS grew its stake in One Stop Systems by 883.4% during the 4th quarter. DNB Asset Management AS now owns 152,901 shares of the company’s stock worth $1,098,000 after buying an additional 137,353 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in One Stop Systems during the fourth quarter worth approximately $221,000. Finally, Smartleaf Asset Management LLC purchased a new stake in One Stop Systems in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors 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.