OSI Systems, Inc. (NASDAQ:OSIS) Shares Acquired by BlackRock Inc.

BlackRock Inc. increased its stake in shares of OSI Systems, Inc. (NASDAQ:OSISGet Rating) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,286,557 shares of the technology company’s stock after acquiring an additional 35,807 shares during the period. BlackRock Inc. owned about 19.50% of OSI Systems worth $236,829,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of OSIS. MetLife Investment Management LLC lifted its stake in shares of OSI Systems by 53.6% in the 1st quarter. MetLife Investment Management LLC now owns 8,865 shares of the technology company’s stock valued at $755,000 after purchasing an additional 3,094 shares during the period. Rhumbline Advisers raised its position in shares of OSI Systems by 2.4% in the first quarter. Rhumbline Advisers now owns 49,560 shares of the technology company’s stock worth $4,219,000 after acquiring an additional 1,157 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of OSI Systems by 12.4% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,174 shares of the technology company’s stock worth $1,206,000 after acquiring an additional 1,563 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of OSI Systems by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 809,069 shares of the technology company’s stock valued at $68,868,000 after acquiring an additional 5,950 shares during the period. Finally, Sei Investments Co. increased its stake in shares of OSI Systems by 8.1% in the 1st quarter. Sei Investments Co. now owns 5,487 shares of the technology company’s stock valued at $460,000 after purchasing an additional 409 shares in the last quarter. 89.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OSIS has been the topic of several research analyst reports. StockNews.com raised OSI Systems from a “hold” rating to a “buy” rating in a report on Tuesday, November 15th. TheStreet upgraded shares of OSI Systems from a “c+” rating to a “b-” rating in a research report on Wednesday, November 16th.

Insider Activity at OSI Systems

In other OSI Systems news, Director William Francis Ballhaus, Jr. sold 400 shares of the business’s stock in a transaction on Wednesday, February 1st. The stock was sold at an average price of $94.96, for a total transaction of $37,984.00. Following the transaction, the director now owns 23,960 shares of the company’s stock, valued at $2,275,241.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction on Tuesday, January 31st. The stock was sold at an average price of $92.89, for a total transaction of $1,857,800.00. Following the completion of the sale, the chief executive officer now owns 510,728 shares of the company’s stock, valued at $47,441,523.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William Francis Ballhaus, Jr. sold 400 shares of the company’s stock in a transaction on Wednesday, February 1st. The shares were sold at an average price of $94.96, for a total value of $37,984.00. Following the completion of the transaction, the director now directly owns 23,960 shares in the company, valued at approximately $2,275,241.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,094 shares of company stock valued at $2,056,365. Corporate insiders own 6.20% of the company’s stock.

OSI Systems Price Performance

Shares of OSI Systems stock opened at $91.63 on Tuesday. The stock has a market capitalization of $1.54 billion, a P/E ratio of 15.37, a PEG ratio of 1.37 and a beta of 0.92. The business has a 50 day simple moving average of $91.21 and a two-hundred day simple moving average of $84.47. OSI Systems, Inc. has a 12 month low of $69.31 and a 12 month high of $103.17. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.43 and a quick ratio of 0.75.

OSI Systems (NASDAQ:OSISGet Rating) last announced its quarterly earnings data on Thursday, January 26th. The technology company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. OSI Systems had a return on equity of 14.99% and a net margin of 8.74%. The company had revenue of $295.60 million for the quarter, compared to analyst estimates of $297.19 million. During the same quarter last year, the firm posted $1.28 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, analysts predict that OSI Systems, Inc. will post 6.08 EPS for the current fiscal year.

OSI Systems Company Profile

(Get Rating)

OSI Systems, Inc designs and manufactures specialized electronic systems and components for critical applications. The firm operates through the following segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment provides security inspection systems and related services, and turnkey security screening solutions.

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Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

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