Systematic Financial Management LP trimmed its position in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 6.0% during the first quarter, Holdings Channel.com reports. The fund owned 219,241 shares of the technology company’s stock after selling 14,011 shares during the quarter. OSI Systems comprises 1.3% of Systematic Financial Management LP’s portfolio, making the stock its 9th biggest holding. Systematic Financial Management LP’s holdings in OSI Systems were worth $58,211,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Group One Trading LLC bought a new position in shares of OSI Systems during the first quarter valued at about $27,000. Cetera Investment Advisers boosted its holdings in OSI Systems by 0.7% during the first quarter. Cetera Investment Advisers now owns 12,263 shares of the technology company’s stock worth $3,256,000 after purchasing an additional 90 shares during the last quarter. Swiss National Bank grew its position in OSI Systems by 1.3% in the 1st quarter. Swiss National Bank now owns 31,900 shares of the technology company’s stock worth $8,470,000 after purchasing an additional 400 shares in the last quarter. Hanseatic Management Services Inc. purchased a new stake in OSI Systems in the 1st quarter valued at about $788,000. Finally, Assetmark Inc. increased its stake in OSI Systems by 25.9% in the 1st quarter. Assetmark Inc. now owns 933 shares of the technology company’s stock valued at $248,000 after buying an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on OSIS shares. Roth Capital restated a “buy” rating and issued a $310.00 target price on shares of OSI Systems in a research note on Tuesday, May 5th. Citigroup decreased their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Bank of America dropped their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a report on Monday. Finally, Weiss Ratings cut OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $291.86.
Insiders Place Their Bets
In other news, Director Deepak Chopra sold 20,000 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the sale, the director directly owned 253,044 shares in the company, valued at $71,317,920.96. This represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is owned by insiders.
OSI Systems Price Performance
OSI Systems stock opened at $214.39 on Friday. The firm has a market capitalization of $3.53 billion, a P/E ratio of 24.47, a PEG ratio of 1.57 and a beta of 1.20. OSI Systems, Inc. has a one year low of $197.27 and a one year high of $311.72. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42. The business has a fifty day moving average price of $215.99 and a 200-day moving average price of $254.73.
OSI Systems (NASDAQ:OSIS – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.53 by $0.07. The company had revenue of $453.25 million for the quarter, compared to analyst estimates of $449.23 million. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.44 EPS. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. As a group, equities research analysts forecast that OSI Systems, Inc. will post 10.4 EPS for the current year.
OSI Systems Company Profile
OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.
OSI Systems operates three primary business segments.
Recommended Stories
- Five stocks we like better than OSI Systems
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding OSIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OSI Systems, Inc. (NASDAQ:OSIS – Free Report).
Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.
