Bard Associates Inc. Sells 66,444 Shares of One Stop Systems, Inc. $OSS

Bard Associates Inc. decreased its holdings in One Stop Systems, Inc. (NASDAQ:OSSFree Report) by 7.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 850,858 shares of the company’s stock after selling 66,444 shares during the period. One Stop Systems makes up about 1.6% of Bard Associates Inc.’s portfolio, making the stock its 16th biggest position. Bard Associates Inc. owned about 3.47% of One Stop Systems worth $6,109,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC bought a new stake in One Stop Systems during the 4th quarter worth $29,000. FNY Investment Advisers LLC bought a new stake in One Stop Systems during the 4th quarter worth $46,000. Marex Group plc bought a new stake in One Stop Systems during the 2nd quarter worth $36,000. Savant Capital LLC bought a new stake in One Stop Systems during the 4th quarter worth $87,000. Finally, Walleye Capital LLC bought a new stake in One Stop Systems during the 2nd quarter worth $46,000. Institutional investors own 32.67% of the company’s stock.

Wall Street Analysts Forecast Growth

OSS has been the topic of a number of research reports. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th. Roth Mkm restated a “buy” rating and set a $18.00 price objective on shares of One Stop Systems in a research report on Wednesday, May 6th. Zacks Research lowered One Stop Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Weiss Ratings upgraded One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, March 23rd. Finally, Lake Street Capital boosted 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. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Get Our Latest Research Report on One Stop Systems

Insiders Place Their Bets

In other One Stop Systems news, Director Gregory W. Matz sold 8,000 shares of One Stop Systems stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total transaction 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. The trade was a 9.20% 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 Mitchell H. Herbets sold 5,000 shares of One Stop Systems stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.62, for a total value of $88,100.00. Following the transaction, the director directly owned 48,984 shares in the company, valued at $863,098.08. The trade was a 9.26% 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 three months, insiders have sold 21,000 shares of company stock valued at $369,380. 3.90% of the stock is currently owned by company insiders.

One Stop Systems Trading Down 1.1%

Shares of OSS opened at $16.65 on Friday. The company has a market capitalization of $411.94 million, a PE ratio of 66.60 and a beta of 1.42. One Stop Systems, Inc. has a 12 month low of $3.39 and a 12 month high of $20.88. The stock’s 50-day moving average price is $13.42 and its two-hundred day moving average price is $10.24.

One Stop Systems (NASDAQ:OSSGet Free Report) last announced 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. The firm had revenue of $8.07 million for the quarter, compared to the consensus estimate of $6.98 million. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%. Equities research analysts predict that One Stop Systems, Inc. will post -0.08 EPS for the current fiscal year.

About One Stop Systems

(Free Report)

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.

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Institutional Ownership by Quarter for One Stop Systems (NASDAQ:OSS)

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