Director Manko Joseph M. Jr. purchases 75,000 shares (75.0K) for $146,750.00 at One Stop Systems amid -50.4% decline from 52-week high.
Director Manko Joseph M. Jr. executed 2 separate purchases totaling 75,000 shares for $146,750.00 ($146.8K) at a blended average price of $1.96 on August 13–14, 2024. His holdings increased 6.8% to 1,174,899 shares (1.17M shares). The company is unprofitable (net income $-2.3M in the latest quarter, annual revenue decline of -15.9%) and trading at $2.00 is -50.4% from its 52-week high of $4.03. Across his cross-ticker track record, Manko's prior 3 open-market buys averaged -13.2% 90-day returns with a 0.00% win rate, and his single prior sell was well-timed (the stock subsequently declined), suggesting his historical buy decisions have not yielded positive forward returns. The combination of deteriorating fundamentals, steep recent price decline, and a track record of unfavorable buy timing warrants scrutiny of this purchase's motivation.