OSI Systems, Inc. (NASDAQ:OSIS) Director Gerald M. Chizever Sells 1,500 Shares of Stock

OSI Systems, Inc. (NASDAQ:OSIS – Get Rating) Director Gerald M. Chizever sold 1,500 shares of OSI Systems stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $117.04, for a total transaction of $175,560.00. Following the completion of the transaction, the director now directly owns 6,142 shares of the company’s stock, valued at $718,859.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

OSI Systems Stock Performance

Shares of NASDAQ:OSIS opened at $117.77 on Tuesday. OSI Systems, Inc. has a 52 week low of $69.31 and a 52 week high of $121.04. The company has a quick ratio of 0.74, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. The firm has a fifty day simple moving average of $106.26 and a two-hundred day simple moving average of $94.60. The stock has a market capitalization of $1.97 billion, a P/E ratio of 24.43, a PEG ratio of 1.74 and a beta of 0.94.

OSI Systems (NASDAQ:OSIS – Get Rating) last released its quarterly earnings results on Thursday, April 27th. The technology company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.02. OSI Systems had a net margin of 6.91% and a return on equity of 14.73%. The firm had revenue of $302.89 million during the quarter, compared to analysts’ expectations of $302.92 million. During the same period in the previous year, the company earned $1.43 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, analysts expect that OSI Systems, Inc. will post 6.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On OSI Systems

Large investors have recently made changes to their positions in the company. NorthCrest Asset Manangement LLC boosted its stake in shares of OSI Systems by 1.3% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 10,030 shares of the technology company’s stock worth $798,000 after purchasing an additional 130 shares during the period. Boston Partners purchased a new position in shares of OSI Systems during the 4th quarter worth about $13,959,000. Wedge Capital Management L L P NC purchased a new position in shares of OSI Systems during the 4th quarter worth about $6,566,000. Victory Capital Management Inc. boosted its stake in shares of OSI Systems by 61.6% during the 3rd quarter. Victory Capital Management Inc. now owns 13,610 shares of the technology company’s stock worth $981,000 after purchasing an additional 5,187 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in OSI Systems by 3.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 26,300 shares of the technology company’s stock valued at $2,091,000 after buying an additional 900 shares in the last quarter. 89.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

OSIS has been the subject of a number of recent research reports. StockNews.com raised shares of OSI Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 12th. B. Riley lifted their price objective on shares of OSI Systems from $120.00 to $137.00 in a research note on Friday, April 28th.

About OSI Systems

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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.