Nisa Investment Advisors LLC Buys 113 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Nisa Investment Advisors LLC boosted its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 139.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 194 shares of the technology company’s stock after purchasing an additional 113 shares during the period. Nisa Investment Advisors LLC’s holdings in OSI Systems were worth $38,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in OSIS. State of Wyoming lifted its holdings in shares of OSI Systems by 1.9% in the 4th quarter. State of Wyoming now owns 2,698 shares of the technology company’s stock worth $452,000 after acquiring an additional 51 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in OSI Systems by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 9,401 shares of the technology company’s stock valued at $1,574,000 after buying an additional 61 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in shares of OSI Systems by 4.7% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,660 shares of the technology company’s stock valued at $278,000 after purchasing an additional 74 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of OSI Systems by 2.8% in the 4th quarter. Hsbc Holdings PLC now owns 4,176 shares of the technology company’s stock valued at $701,000 after purchasing an additional 112 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of OSI Systems in the 4th quarter valued at about $25,000. 89.21% of the stock is currently owned by institutional investors.

Insider Activity at OSI Systems

In other news, Director William Francis Ballhaus, Jr. sold 933 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $219.77, for a total transaction of $205,045.41. Following the completion of the transaction, the director directly owned 24,805 shares in the company, valued at approximately $5,451,394.85. This represents a 3.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Alan I. Edrick sold 20,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $229.00, for a total value of $4,580,000.00. Following the transaction, the chief financial officer owned 284,953 shares of the company’s stock, valued at approximately $65,254,237. This trade represents a 6.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 43,371 shares of company stock worth $9,784,380. Corporate insiders own 5.20% of the company’s stock.

OSI Systems Stock Performance

NASDAQ:OSIS opened at $211.38 on Friday. The firm’s fifty day moving average price is $223.76 and its 200 day moving average price is $203.40. OSI Systems, Inc. has a 1-year low of $129.18 and a 1-year high of $241.64. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 1.38. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of 25.72, a price-to-earnings-growth ratio of 1.79 and a beta of 1.27.

OSI Systems (NASDAQ:OSIS) last released its earnings results on Thursday, May 1st. The technology company reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.38 by $0.06. The company had revenue of $444.35 million during the quarter, compared to the consensus estimate of $436.49 million. OSI Systems had a return on equity of 18.37% and a net margin of 8.38%. OSI Systems’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.16 earnings per share. On average, sell-side analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on OSIS shares. B. Riley restated a “buy” rating and set a $255.00 price objective (up from $221.00) on shares of OSI Systems in a research note on Friday, May 2nd. Oppenheimer upped their price objective on shares of OSI Systems from $225.00 to $260.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th. Wells Fargo & Company reduced their price objective on shares of OSI Systems from $220.00 to $210.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Wall Street Zen upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Friday, May 16th. Finally, Roth Mkm upped their price objective on shares of OSI Systems from $224.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, May 2nd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $228.33.

OSI Systems 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.