30,844 Shares in One Stop Systems, Inc. $OSS Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. bought a new position in shares of One Stop Systems, Inc. (NASDAQ:OSS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 30,844 shares of the company’s stock, valued at approximately $221,000.

Other hedge funds have also bought and sold shares of the company. Savant Capital LLC acquired a new stake in One Stop Systems in the fourth quarter worth $87,000. Geode Capital Management LLC boosted its position in shares of One Stop Systems by 12.8% during the 4th quarter. Geode Capital Management LLC now owns 238,495 shares of the company’s stock worth $1,713,000 after purchasing an additional 27,111 shares in the last quarter. Legato Capital Management LLC boosted its position in shares of One Stop Systems by 22.7% during the 4th quarter. Legato Capital Management LLC now owns 16,324 shares of the company’s stock worth $117,000 after purchasing an additional 3,019 shares in the last quarter. DNB Asset Management AS boosted its position in shares of One Stop Systems by 883.4% during the 4th quarter. DNB Asset Management AS now owns 152,901 shares of the company’s stock worth $1,098,000 after purchasing an additional 137,353 shares in the last quarter. Finally, Nkcfo LLC bought a new position in shares of One Stop Systems during the 4th quarter worth about $93,000. Institutional investors own 32.67% of the company’s stock.

Insider Buying and Selling

In related news, Director Gregory W. Matz sold 8,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were 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 in the company, valued at approximately $1,382,573.28. The trade was a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.62, for a total transaction of $88,100.00. Following the transaction, the director owned 48,984 shares in the company, valued at approximately $863,098.08. This trade represents 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. Over the last ninety days, insiders have sold 21,000 shares of company stock worth $369,380. 3.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Weiss Ratings upgraded One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 23rd. Roth Mkm reiterated a “buy” rating and issued a $18.00 price target on shares of One Stop Systems in a report on Wednesday, May 6th. Lake Street Capital increased their price target on One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Zacks Research lowered One Stop Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $13.00.

One Stop Systems Price Performance

Shares of NASDAQ OSS opened at $18.96 on Tuesday. The stock has a market capitalization of $469.09 million, a P/E ratio of 75.84 and a beta of 1.14. The company has a 50-day moving average price of $11.79 and a 200-day moving average price of $9.48. One Stop Systems, Inc. has a 1 year low of $2.69 and a 1 year high of $20.20.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.06. The firm had revenue of $8.07 million during the quarter, compared to analysts’ expectations of $6.98 million. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. As a group, equities research analysts anticipate that One Stop Systems, Inc. will post -0.08 earnings per share for the current fiscal year.

One Stop Systems 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.