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

One Stop Systems (NASDAQ:OSS) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

A number of other analysts have also commented on OSS. Weiss Ratings lowered One Stop Systems from a “hold (c)” rating to a “sell (d+)” rating in a research note on Wednesday, July 29th. Lake Street Capital increased their price target on shares of One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. 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 reiterated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. Finally, Clear Str raised One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, One Stop Systems has an average rating of “Moderate Buy” and a consensus target price of $16.00.

One Stop Systems Stock Performance

NASDAQ OSS opened at $13.24 on Friday. The stock 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 fifty-two week low of $4.17 and a fifty-two week high of $20.88. The stock has a 50 day simple moving average of $15.23 and a two-hundred day simple moving average of $12.27.

Insider Activity

In related news, Director Mitchell H. Herbets sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.62, for a total transaction of $88,100.00. Following the completion of the sale, the director directly owned 48,984 shares in the company, valued at approximately $863,098.08. The trade was a 9.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 David George Bassett sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.64, for a total transaction of $141,120.00. Following the sale, the director directly owned 24,984 shares of the company’s stock, valued at approximately $440,717.76. This represents a 24.25% decrease in their ownership of the stock. 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 21,000 shares of company stock valued at $369,380 over the last three months. Insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On One Stop Systems

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in One Stop Systems during the second quarter valued at $33,412,000. Arrowstreet Capital Limited Partnership bought a new position in shares of One Stop Systems during the 3rd quarter valued at approximately $2,959,000. Marshall Wace LLP increased its holdings in One Stop Systems by 1,130.1% in the 2nd quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock worth $1,691,000 after acquiring an additional 437,664 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in One Stop Systems during the 3rd quarter worth approximately $1,566,000. Finally, Jane Street Group LLC lifted its holdings in One Stop Systems by 85.2% during the fourth quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock valued at $4,335,000 after purchasing an additional 277,763 shares in the last quarter. 32.67% of the stock is owned by institutional investors.

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.