Bard Associates Inc. Makes New $9.57 Million Investment in One Stop Systems, Inc. $OSS

Key Points

• Bard Associates acquired 526,370 shares of One Stop Systems in the second quarter, valued at approximately $9.57 million. The position represents 2.1% of the fund’s portfolio and about 2.11% of OSS shares outstanding.
• Institutional interest increased, with BlackRock initiating a roughly $33.4 million position and other funds—including Vanguard, Jane Street and Marshall Wace—adding shares. Hedge funds and institutions collectively own 32.67% of the company.
• Analyst sentiment is broadly positive, with OSS carrying a “Moderate Buy” consensus rating and an average $16 target price, although one analyst downgraded it to “Sell.” The company also beat quarterly revenue and adjusted EPS expectations, reporting $9.35 million in revenue and a $0.01 per-share loss.

Bard Associates Inc. purchased a new stake in One Stop Systems, Inc. (NASDAQ:OSS - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 526,370 shares of the company's stock, valued at approximately $9,569,000. One Stop Systems makes up 2.1% of Bard Associates Inc.'s investment portfolio, making the stock its 11th biggest holding. Bard Associates Inc. owned approximately 2.11% of One Stop Systems at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. BlackRock Inc. purchased a new position in One Stop Systems during the second quarter valued at approximately $33,412,000. Vanguard Group Inc. boosted its position in One Stop Systems by 17.4% during the 3rd quarter. Vanguard Group Inc. now owns 872,700 shares of the company's stock valued at $4,678,000 after acquiring an additional 129,479 shares in the last quarter. Jane Street Group LLC boosted its position in One Stop Systems by 85.2% during the 4th quarter. Jane Street Group LLC now owns 603,805 shares of the company's stock valued at $4,335,000 after acquiring an additional 277,763 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of One Stop Systems in the 3rd quarter valued at $2,959,000. Finally, Marshall Wace LLP increased its holdings in shares of One Stop Systems by 1,130.1% in the 2nd 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 during the period. Hedge funds and other institutional investors own 32.67% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wall Street Zen lowered shares of One Stop Systems from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Clear Str raised shares of One Stop Systems to a "strong-buy" rating in a research report on Monday, July 13th. Alliance Global Partners reiterated a "buy" rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Lake Street Capital increased their target price 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. Finally, Roth Capital restated a "buy" rating and issued a $18.00 target price on shares of One Stop Systems in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, One Stop Systems currently has an average rating of "Moderate Buy" and an average target price of $16.00.

Insider Buying and Selling at One Stop Systems

In other news, Director David George Bassett sold 8,000 shares of One Stop Systems stock in a transaction dated 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 in the company, valued at $440,717.76. This trade represents a 24.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 business's 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 sale, the director directly owned 78,914 shares of the company's stock, valued at $1,382,573.28. This represents a 9.20% 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 ninety days. Corporate insiders own 3.90% of the company's stock.

One Stop Systems Price Performance

NASDAQ:OSS opened at $11.40 on Friday. One Stop Systems, Inc. has a 52 week low of $4.17 and a 52 week high of $20.88. The stock's 50-day moving average price is $14.26 and its 200-day moving average price is $12.40. The stock has a market capitalization of $284.32 million, a PE ratio of 228.05 and a beta of 1.46.

One Stop Systems (NASDAQ:OSS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. One Stop Systems had a return on equity of 2.22% and a net margin of 2.67%.The company had revenue of $9.35 million for the quarter, compared to analyst estimates of $8.50 million. During the same period last year, the company earned ($0.09) earnings per share. Sell-side analysts expect that One Stop Systems, Inc. will post -0.1 earnings per share for the current fiscal year.

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.

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