By otakuyassine3@gmail.com 
OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the sale, the director now directly owns 5,000 shares of the company’s stock, valued at $979,150. This represents a 35.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
OSI Systems Stock Down 3.1 %
OSIS stock traded down $6.27 during midday trading on Monday, reaching $193.60. 381,258 shares of the company’s stock traded hands, compared to its average volume of 233,629. The company has a quick ratio of 1.20, a current ratio of 1.84 and a debt-to-equity ratio of 0.60. The firm’s fifty day moving average price is $171.97 and its 200-day moving average price is $154.18. OSI Systems, Inc. has a 52 week low of $126.57 and a 52 week high of $200.14. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 25.27, a P/E/G ratio of 1.44 and a beta of 1.19.
OSI Systems (NASDAQ:OSIS – Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. As a group, sell-side analysts forecast that OSI Systems, Inc. will post 9.13 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently issued reports on OSIS shares. B. Riley boosted their target price on shares of OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a report on Friday. StockNews.com upgraded OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. Roth Mkm boosted their price target on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company raised their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Finally, Oppenheimer boosted their target price on shares of OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, OSI Systems currently has an average rating of “Moderate Buy” and a consensus target price of $209.40.
Read Our Latest Research Report on OSI Systems
Institutional Investors Weigh In On OSI Systems
Institutional investors and hedge funds have recently bought and sold shares of the stock. Richardson Financial Services Inc. lifted its position in shares of OSI Systems by 65.6% during the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. International Assets Investment Management LLC increased its stake in OSI Systems by 15,075.0% in the 3rd quarter. International Assets Investment Management LLC now owns 607 shares of the technology company’s stock valued at $92,000 after buying an additional 603 shares during the last quarter. KBC Group NV lifted its position in shares of OSI Systems by 37.1% during the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after buying an additional 189 shares in the last quarter. nVerses Capital LLC purchased a new position in shares of OSI Systems in the 3rd quarter worth approximately $182,000. Finally, Longboard Asset Management LP bought a new position in shares of OSI Systems in the fourth quarter valued at approximately $202,000. 89.21% of the stock is owned by hedge funds and other institutional investors.
OSI Systems Company Profile
OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.
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