Clear Str Upgrades One Stop Systems (NASDAQ:OSS) to “Strong-Buy”

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

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

One Stop Systems Trading Down 2.6%

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

One Stop Systems (NASDAQ:OSS) last posted its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.06. The firm 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%. Research analysts predict that One Stop Systems will post -0.08 EPS for the current fiscal year.

Insider Activity at One Stop Systems

In related news, Director David George Bassett sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were 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 of the company’s stock, valued at $440,717.76. This trade represents a 24.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Mitchell H. Herbets sold 5,000 shares of One Stop Systems stock in a transaction that occurred on 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 owned 48,984 shares of the company’s stock, valued at $863,098.08. This represents a 9.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 21,000 shares of company stock valued at $369,380 over the last 90 days. 3.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On One Stop Systems

Large investors have recently bought and sold shares of the business. Bank of America Corp DE raised its stake in One Stop Systems by 129,005.6% in the first quarter. Bank of America Corp DE now owns 23,239 shares of the company’s stock valued at $176,000 after buying an additional 23,221 shares in the last quarter. Strait & Sound Wealth Management LLC acquired a new stake in shares of One Stop Systems in the 1st quarter valued at about $84,000. Sei Investments Co. boosted its holdings in shares of One Stop Systems by 66.9% in 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 during the period. Apollon Wealth Management LLC acquired a new stake in One Stop Systems during the 1st quarter worth $159,000. Finally, SG Americas Securities LLC acquired a new stake in shares of One Stop Systems during the first quarter worth about $212,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

About One Stop Systems

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.