Mercer Global Advisors Inc. ADV Makes New $61,000 Investment in One Stop Systems, Inc. (NASDAQ:OSS)

Mercer Global Advisors Inc. ADV bought a new position in shares of One Stop Systems, Inc. (NASDAQ:OSS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,218 shares of the company’s stock, valued at approximately $61,000. Mercer Global Advisors Inc. ADV owned approximately 0.12% of One Stop Systems as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OSS. Renaissance Technologies LLC grew its position in shares of One Stop Systems by 15.7% during the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock valued at $147,000 after acquiring an additional 8,300 shares during the period. Vanguard Group Inc. grew its holdings in One Stop Systems by 1.9% during the first quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock valued at $2,276,000 after purchasing an additional 13,036 shares during the period. Finally, Legato Capital Management LLC purchased a new stake in One Stop Systems in the second quarter worth $35,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

One Stop Systems Stock Down 5.9 %

Shares of NASDAQ:OSS opened at $2.25 on Wednesday. The firm has a market capitalization of $47.06 million, a PE ratio of -6.08 and a beta of 1.28. The company has a 50-day moving average price of $2.20 and a two-hundred day moving average price of $2.51. One Stop Systems, Inc. has a twelve month low of $1.79 and a twelve month high of $4.57.

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

Insider Buying and Selling at One Stop Systems

In other news, Director Joseph M. Jr. Manko bought 50,000 shares of the stock in a transaction on Tuesday, August 13th. The shares were acquired at an average cost of $1.94 per share, for a total transaction of $97,000.00. Following the purchase, the director now directly owns 1,149,899 shares of the company’s stock, valued at approximately $2,230,804.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 13.60% of the company’s stock.

About One Stop Systems

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.