Manatuck Hill Partners LLC Grows Stock Position in One Stop Systems, Inc. $OSS

Manatuck Hill Partners LLC grew its position in One Stop Systems, Inc. (NASDAQ:OSS) by 100.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,000 shares of the company’s stock after acquiring an additional 50,000 shares during the quarter. Manatuck Hill Partners LLC’s holdings in One Stop Systems were worth $718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in OSS. Geode Capital Management LLC lifted its position in shares of One Stop Systems by 0.9% in the second quarter. Geode Capital Management LLC now owns 199,729 shares of the company’s stock valued at $709,000 after acquiring an additional 1,837 shares in the last quarter. Walleye Capital LLC purchased a new position in shares of One Stop Systems in the second quarter valued at approximately $46,000. Marshall Wace LLP lifted its position in shares of One Stop Systems by 1,130.1% in the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock valued at $1,691,000 after acquiring an additional 437,664 shares in the last quarter. Jane Street Group LLC lifted its position in shares of One Stop Systems by 753.2% in the second quarter. Jane Street Group LLC now owns 268,182 shares of the company’s stock valued at $952,000 after acquiring an additional 236,750 shares in the last quarter. Finally, Marex Group plc purchased a new position in One Stop Systems during the second quarter worth approximately $36,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

Analyst Ratings Changes

OSS has been the topic of a number of analyst reports. Lake Street Capital lifted their price objective on One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, June 5th. Weiss Ratings raised One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Roth Mkm reaffirmed a “buy” rating and issued a $18.00 price objective on shares of One Stop Systems in a research note on Wednesday, May 6th. Zacks Research cut One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Alliance Global Partners reissued 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.00.

Insider Transactions at One Stop Systems

In other news, Director Mitchell H. Herbets sold 5,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.62, for a total transaction of $88,100.00. Following the completion of the transaction, the director directly owned 48,984 shares of the company’s stock, valued at approximately $863,098.08. This represents a 9.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 Gregory W. Matz sold 8,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total value of $140,160.00. Following the transaction, the director directly owned 78,914 shares of the company’s stock, valued at approximately $1,382,573.28. This represents a 9.20% 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. In the last ninety days, insiders sold 21,000 shares of company stock valued at $369,380. 3.90% of the stock is currently owned by corporate insiders.

One Stop Systems Price Performance

OSS opened at $18.18 on Thursday. One Stop Systems, Inc. has a 12 month low of $3.46 and a 12 month high of $20.88. The stock has a market capitalization of $449.77 million, a price-to-earnings ratio of 72.72 and a beta of 1.42. The business has a fifty day moving average price of $14.03 and a 200 day moving average price of $10.54.

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

One Stop Systems 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.