Vontobel Holding Ltd. Acquires 18,000 Shares of One Stop Systems, Inc. (NASDAQ:OSS)

Vontobel Holding Ltd. raised its stake in One Stop Systems, Inc. (NASDAQ:OSS) by 120.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,000 shares of the company’s stock after buying an additional 18,000 shares during the period. Vontobel Holding Ltd.’s holdings in One Stop Systems were worth $79,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of One Stop Systems by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock valued at $2,276,000 after buying an additional 13,036 shares during the last quarter. Essex Investment Management Co. LLC raised its holdings in One Stop Systems by 24.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 82,311 shares of the company’s stock worth $197,000 after purchasing an additional 16,093 shares during the last quarter. Renaissance Technologies LLC raised its holdings in One Stop Systems by 15.7% during the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock worth $147,000 after purchasing an additional 8,300 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in One Stop Systems during the 2nd quarter worth approximately $61,000. Finally, Legato Capital Management LLC bought a new position in One Stop Systems during the 2nd quarter worth approximately $35,000. Institutional investors own 32.67% of the company’s stock.

Insiders Place Their Bets

In related news, Director Joseph M. Jr. Manko purchased 50,000 shares of One Stop Systems stock in a transaction on Tuesday, August 13th. The stock was acquired at an average cost of $1.94 per share, for a total transaction of $97,000.00. Following the completion of the acquisition, the director now owns 1,149,899 shares of the company’s stock, valued at $2,230,804.06. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 13.60% of the stock is currently owned by corporate insiders.

One Stop Systems Stock Performance

One Stop Systems stock opened at $2.35 on Thursday. The firm has a market cap of $49.34 million, a price-to-earnings ratio of -6.51 and a beta of 1.27. The firm has a 50 day moving average price of $2.31 and a two-hundred day moving average price of $2.42. One Stop Systems, Inc. has a 52-week low of $1.79 and a 52-week high of $4.57.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). The firm had revenue of $13.20 million for the quarter, compared to the consensus estimate of $13.00 million. One Stop Systems had a negative net margin of 14.41% and a negative return on equity of 13.22%. As a group, equities research analysts predict that One Stop Systems, Inc. will post -0.26 EPS for the current fiscal year.

About One Stop Systems

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.