Calamos Advisors LLC Makes New $762,000 Investment in OSI Systems, Inc. (NASDAQ:OSIS)

Calamos Advisors LLC purchased a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 5,907 shares of the technology company’s stock, valued at approximately $762,000.

Several other hedge funds have also made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in OSI Systems during the 2nd quarter valued at $25,000. Parkside Financial Bank & Trust grew its holdings in shares of OSI Systems by 27.1% during the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock valued at $50,000 after buying an additional 90 shares in the last quarter. Russell Investments Group Ltd. raised its position in OSI Systems by 160.4% during the second quarter. Russell Investments Group Ltd. now owns 500 shares of the technology company’s stock valued at $59,000 after buying an additional 308 shares during the period. Captrust Financial Advisors lifted its stake in OSI Systems by 305.6% in the 1st quarter. Captrust Financial Advisors now owns 718 shares of the technology company’s stock worth $61,000 after acquiring an additional 541 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in OSI Systems by 3,585.7% during the 4th quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock worth $67,000 after acquiring an additional 502 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Insider Buying and Selling at OSI Systems

In other news, General Counsel Victor S. Sze sold 15,000 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the sale, the general counsel now owns 78,116 shares in the company, valued at approximately $10,250,381.52. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, General Counsel Victor S. Sze sold 15,000 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $131.22, for a total value of $1,968,300.00. Following the completion of the sale, the general counsel now directly owns 78,116 shares in the company, valued at $10,250,381.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total transaction of $2,582,200.00. Following the sale, the chief executive officer now directly owns 468,615 shares of the company’s stock, valued at $60,502,882.65. The disclosure for this sale can be found here. Insiders have sold a total of 50,000 shares of company stock worth $6,503,650 over the last three months. Corporate insiders own 5.60% of the company’s stock.

OSI Systems Stock Up 1.3 %

Shares of OSI Systems stock opened at $135.54 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.43 and a quick ratio of 0.80. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 20.57, a P/E/G ratio of 1.53 and a beta of 0.98. The stock has a 50-day simple moving average of $135.44 and a 200-day simple moving average of $126.85. OSI Systems, Inc. has a 52-week low of $99.11 and a 52-week high of $144.11.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, January 25th. The technology company reported $2.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.47. The business had revenue of $373.20 million for the quarter, compared to the consensus estimate of $364.29 million. OSI Systems had a net margin of 8.31% and a return on equity of 17.35%. OSI Systems’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 EPS. On average, equities research analysts expect that OSI Systems, Inc. will post 8.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OSIS. StockNews.com raised shares of OSI Systems from a “hold” rating to a “buy” rating in a research report on Friday. Roth Mkm lifted their target price on shares of OSI Systems from $165.00 to $169.00 and gave the company a “buy” rating in a research note on Friday, January 26th.

About OSI Systems

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.