Bard Associates Inc. Has $6.11 Million Stock Holdings in One Stop Systems, Inc. $OSS

Bard Associates Inc. trimmed its holdings in One Stop Systems, Inc. (NASDAQ:OSS) by 7.2% during the fourth quarter, Holdings Channel reports. The firm owned 850,858 shares of the company’s stock after selling 66,444 shares during the quarter. One Stop Systems comprises about 1.6% of Bard Associates Inc.’s holdings, making the stock its 16th largest position. Bard Associates Inc.’s holdings in One Stop Systems were worth $6,109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in shares of One Stop Systems by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 199,729 shares of the company’s stock valued at $709,000 after purchasing an additional 1,837 shares during the period. Legato Capital Management LLC lifted its stake in shares of One Stop Systems by 22.7% in the 4th quarter. Legato Capital Management LLC now owns 16,324 shares of the company’s stock valued at $117,000 after purchasing an additional 3,019 shares during the period. Smartleaf Asset Management LLC acquired a new position in shares of One Stop Systems in the 4th quarter valued at about $29,000. FNY Investment Advisers LLC acquired a new position in shares of One Stop Systems in the 4th quarter valued at about $46,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of One Stop Systems by 22.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 46,925 shares of the company’s stock valued at $252,000 after purchasing an additional 8,554 shares during the period. 32.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Lake Street Capital boosted their price objective on One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Zacks Research downgraded One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Roth Mkm reissued a “buy” rating and issued a $18.00 price objective on shares of One Stop Systems in a research note on Wednesday, May 6th. Weiss Ratings raised One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Finally, Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.00.

Insider Buying and Selling

In related news, Director Mitchell H. Herbets sold 5,000 shares of the company’s stock in a transaction that occurred on 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 directly owned 48,984 shares of the company’s stock, valued at approximately $863,098.08. This represents a 9.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 that occurred on Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 owned by company insiders.

One Stop Systems Stock Performance

OSS stock opened at $16.65 on Friday. The stock’s 50 day simple moving average is $13.42 and its 200 day simple moving average is $10.24. One Stop Systems, Inc. has a fifty-two week low of $3.39 and a fifty-two week high of $20.88. The company has a market cap of $411.94 million, a P/E ratio of 66.60 and a beta of 1.42.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.06. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%.The business had revenue of $8.07 million for the quarter, compared to the consensus estimate of $6.98 million. Equities analysts predict that One Stop Systems, Inc. will post -0.08 earnings per share for the current 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.