Insider Buying: One Stop Systems Inc (NASDAQ:OSS) CEO Buys $10,150.00 in Stock

One Stop Systems Inc (NASDAQ:OSS) CEO David Raun acquired 5,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was purchased at an average price of $2.03 per share, for a total transaction of $10,150.00. Following the completion of the transaction, the chief executive officer now owns 50,410 shares in the company, valued at $102,332.30. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of NASDAQ OSS opened at $2.00 on Friday. The firm has a market capitalization of $32.97 million, a P/E ratio of -22.22 and a beta of 1.95. One Stop Systems Inc has a one year low of $0.59 and a one year high of $3.25. The company’s fifty day moving average is $1.79 and its two-hundred day moving average is $1.89.

One Stop Systems (NASDAQ:OSS) last issued its earnings results on Thursday, May 14th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.02. The company had revenue of $13.36 million for the quarter, compared to analyst estimates of $12.70 million. One Stop Systems had a negative net margin of 1.71% and a positive return on equity of 3.48%. As a group, equities research analysts forecast that One Stop Systems Inc will post -0.04 earnings per share for the current year.

A number of research firms recently weighed in on OSS. Roth Capital reiterated a “buy” rating and issued a $5.50 price objective on shares of One Stop Systems in a research report on Thursday, June 18th. UBS Group began coverage on shares of One Stop Systems in a research report on Monday, April 13th. They issued a “reduce” rating on the stock. Zacks Investment Research lowered shares of One Stop Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, June 16th. Benchmark reiterated a “buy” rating and issued a $3.50 price objective on shares of One Stop Systems in a research report on Thursday, June 18th. Finally, Noble Financial reiterated a “buy” rating and issued a $4.00 price objective on shares of One Stop Systems in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $3.94.

Large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in shares of One Stop Systems during the 4th quarter worth $31,000. JPMorgan Chase & Co. acquired a new position in shares of One Stop Systems during the 1st quarter worth $51,000. Mesirow Financial Investment Management Inc. acquired a new position in shares of One Stop Systems during the 1st quarter worth $146,000. Finally, Essex Investment Management Co. LLC acquired a new position in shares of One Stop Systems during the 1st quarter worth $266,000. 32.12% of the stock is owned by institutional investors and hedge funds.

About One Stop Systems

One Stop Systems, Inc designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.

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Insider Buying and Selling by Quarter for One Stop Systems (NASDAQ:OSS)

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