Renaissance Technologies LLC Increases Position in One Stop Systems, Inc. (NASDAQ:OSS)

Renaissance Technologies LLC increased its holdings in One Stop Systems, Inc. (NASDAQ:OSS) by 15.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,200 shares of the company’s stock after acquiring an additional 8,300 shares during the period. Renaissance Technologies LLC owned about 0.29% of One Stop Systems worth $147,000 at the end of the most recent quarter.

Separately, Vanguard Group Inc. raised its holdings in shares of One Stop Systems by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock worth $2,276,000 after purchasing an additional 13,036 shares during the period. 32.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at One Stop Systems

In related news, Director Joseph M. Jr. Manko purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average cost of $1.94 per share, for a total transaction of $97,000.00. Following the completion of the transaction, the director now directly owns 1,149,899 shares in the company, valued at approximately $2,230,804.06. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 13.60% of the company’s stock.

One Stop Systems Stock Performance

Shares of OSS opened at $2.36 on Monday. The firm has a market cap of $49.36 million, a P/E ratio of -6.38 and a beta of 1.27. One Stop Systems, Inc. has a fifty-two week low of $1.79 and a fifty-two week high of $4.57. The business has a 50-day moving average of $2.23 and a 200 day moving average of $2.45.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.04). The business had revenue of $13.20 million during the quarter, compared to the consensus estimate of $13.00 million. One Stop Systems had a negative net margin of 14.41% and a negative return on equity of 13.22%. As a group, research analysts predict that One Stop Systems, Inc. will post -0.26 earnings per share for the current fiscal year.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.