Northern Trust Corp Decreases Holdings in One Stop Systems, Inc. (NASDAQ:OSS)

Northern Trust Corp decreased its position in shares of One Stop Systems, Inc. (NASDAQ:OSS) by 26.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,006 shares of the company’s stock after selling 11,583 shares during the quarter. Northern Trust Corp’s holdings in One Stop Systems were worth $107,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Two Sigma Securities LLC purchased a new stake in shares of One Stop Systems during the 4th quarter worth approximately $109,000. Dimensional Fund Advisors LP boosted its stake in shares of One Stop Systems by 22.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 27,355 shares of the company’s stock worth $92,000 after acquiring an additional 5,098 shares in the last quarter. XTX Topco Ltd purchased a new stake in One Stop Systems in the 4th quarter valued at approximately $36,000. Renaissance Technologies LLC grew its holdings in One Stop Systems by 4.5% during the 4th quarter. Renaissance Technologies LLC now owns 69,900 shares of the company’s stock valued at $234,000 after buying an additional 3,000 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of One Stop Systems by 4.5% during the fourth quarter. Geode Capital Management LLC now owns 190,217 shares of the company’s stock valued at $637,000 after acquiring an additional 8,263 shares during the last quarter. Hedge funds and other institutional investors own 32.67% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Lake Street Capital raised One Stop Systems from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 19th.

One Stop Systems Stock Down 0.7%

OSS opened at $2.77 on Wednesday. The firm has a market cap of $59.80 million, a P/E ratio of -5.54 and a beta of 1.14. One Stop Systems, Inc. has a 52 week low of $1.82 and a 52 week high of $4.88. The business’s fifty day simple moving average is $2.38 and its 200 day simple moving average is $2.88.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings results on Wednesday, March 19th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). One Stop Systems had a negative return on equity of 29.71% and a negative net margin of 20.45%. The business had revenue of $2.38 million for the quarter, compared to analysts’ expectations of $15.00 million. During the same period in the prior year, the company earned $0.01 EPS. As a group, equities analysts expect that One Stop Systems, Inc. will post -0.52 EPS for the current fiscal year.

One Stop Systems 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.