One Stop Systems (NASDAQ:OSS) Downgraded by Wall Street Zen to Sell

Key Points

• Wall Street Zen downgraded One Stop Systems to “Sell” from “Hold,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $16.00.
• OSS shares opened at $13.24, with a market capitalization of $330.21 million and a valuation of 264.85 times earnings. The company recently reported quarterly revenue of $8.07 million and EPS of $0.01, beating analyst expectations.
• Insiders sold 21,000 shares worth approximately $369,380 over the past three months, while institutional ownership stands at 32.67%, including new or increased positions from BlackRock, Marshall Wace and Jane Street.

One Stop Systems (NASDAQ:OSS - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.

Several other research firms have also recently commented on OSS. Roth Capital reaffirmed a "buy" rating and set a $18.00 price objective on shares of One Stop Systems in a research report on Wednesday, May 6th. Alliance Global Partners restated a "buy" rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Weiss Ratings downgraded shares of One Stop Systems from a "hold (c)" rating to a "sell (d+)" rating in a report on Wednesday, July 29th. Zacks Research lowered shares of One Stop Systems from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 18th. Finally, Lake Street Capital boosted their price objective on shares of One Stop Systems from $18.00 to $21.00 and gave the company a "buy" rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, One Stop Systems presently has an average rating of "Moderate Buy" and an average target price of $16.00.

One Stop Systems Stock Down 0.6%

Shares of NASDAQ OSS opened at $13.24 on Friday. The firm has a market cap of $330.21 million, a P/E ratio of 264.85 and a beta of 1.46. One Stop Systems has a twelve month low of $4.17 and a twelve month high of $20.88. The company has a 50 day moving average of $15.23 and a 200 day moving average of $12.26.

One Stop Systems (NASDAQ:OSS - Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.06. One Stop Systems had a return on equity of 2.21% and a net margin of 2.67%.The business had revenue of $8.07 million during the quarter, compared to analyst estimates of $6.98 million. As a group, equities analysts expect that One Stop Systems will post -0.08 earnings per share for the current fiscal year.

Insider Buying and Selling at One Stop Systems

In other news, Director David George Bassett sold 8,000 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.64, for a total transaction of $141,120.00. Following the completion of the sale, the director owned 24,984 shares of the company's stock, valued at $440,717.76. This represents a 24.25% decrease in their position. The transaction 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 Mitchell H. Herbets sold 5,000 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.62, for a total transaction of $88,100.00. Following the sale, the director directly owned 48,984 shares of the company's stock, valued at $863,098.08. The trade was 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 sold a total of 21,000 shares of company stock worth $369,380 in the last three months. 3.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OSS. BlackRock Inc. purchased a new stake in One Stop Systems in the second quarter worth about $33,412,000. Arrowstreet Capital Limited Partnership purchased a new position in One Stop Systems during the third quarter valued at approximately $2,959,000. Marshall Wace LLP boosted 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 worth $1,691,000 after purchasing an additional 437,664 shares during the period. Polar Asset Management Partners Inc. bought a new position in shares of One Stop Systems in the third quarter worth approximately $1,566,000. Finally, Jane Street Group LLC increased its stake in shares of One Stop Systems by 85.2% in the fourth quarter. Jane Street Group LLC now owns 603,805 shares of the company's stock worth $4,335,000 after purchasing an additional 277,763 shares in the last quarter. 32.67% of the stock is currently owned by institutional investors.

One Stop Systems Company 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.

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