One Stop Systems (NASDAQ:OSS) Stock Sees Unusually High Call Option Buying

Key Points

• Unusually high options activity: Investors purchased 37,853 OSS call options, an 1,805% increase over the average volume of 1,987 contracts.
• Analyst sentiment remains mixed but leans positive: One Stop Systems has a consensus “Moderate Buy” rating and an average price target of $16, with Lake Street Capital raising its target to $21.
• Shares remain under pressure: OSS fell to $8.65, below its 50-day and 200-day moving averages, despite beating quarterly revenue and EPS estimates; institutional investors own 32.67% of the stock.

One Stop Systems, Inc. (NASDAQ:OSS - Get Free Report) saw unusually large options trading on Tuesday. Stock traders bought 37,853 call options on the company. This represents an increase of 1,805% compared to the average volume of 1,987 call options.

Analysts Set New Price Targets

OSS has been the topic of a number of research analyst reports. Lake Street Capital boosted 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 note on Friday, June 5th. Clear Str raised One Stop Systems to a "strong-buy" rating in a report on Monday, July 13th. Weiss Ratings downgraded One Stop Systems from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, August 25th. Finally, Wall Street Zen lowered One Stop Systems from a "hold" rating to a "sell" rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $16.00.

One Stop Systems Stock Performance

OSS stock traded down $0.26 during midday trading on Tuesday, reaching $8.65. 705,731 shares of the company's stock traded hands, compared to its average volume of 1,658,528. The company has a 50-day moving average price of $11.15 and a two-hundred day moving average price of $12.55. One Stop Systems has a 52 week low of $4.17 and a 52 week high of $20.88. The firm has a market capitalization of $215.73 million, a PE ratio of 173.03 and a beta of 1.45.

One Stop Systems (NASDAQ:OSS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $9.35 million during the quarter, compared to analyst estimates of $8.50 million. During the same period last year, the company earned ($0.09) earnings per share. As a group, analysts predict that One Stop Systems will post -0.1 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of One Stop Systems in the second quarter worth about $33,412,000. Bard Associates Inc. purchased a new position in One Stop Systems during the second quarter valued at approximately $9,569,000. Sei Investments Co. grew its stake in One Stop Systems by 66.9% during 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 in the last quarter. Squarepoint Ops LLC increased its holdings in One Stop Systems by 124.6% during the 2nd quarter. Squarepoint Ops LLC now owns 131,346 shares of the company's stock worth $2,388,000 after acquiring an additional 72,870 shares during the period. Finally, Manatuck Hill Partners LLC increased its holdings in One Stop Systems by 100.0% during the 4th quarter. Manatuck Hill Partners LLC now owns 100,000 shares of the company's stock worth $718,000 after acquiring an additional 50,000 shares during the period. Hedge funds and other institutional investors own 32.67% of the company's stock.

About One Stop Systems

One Stop Systems, Inc NASDAQ: OSS designs and manufactures high-performance computing systems for applications that require rapid data processing in demanding environments. The company focuses on artificial intelligence and machine learning, sensor processing, data acquisition, and other compute-intensive workloads for defense, aerospace, industrial, and commercial customers.

Its product portfolio includes ruggedized servers, GPU-accelerated computing platforms, PCI Express expansion systems, high-performance storage solutions, and related hardware designed to connect processors, graphics processing units, sensors, and other specialized components.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.