Deutsche Bank AG Sells 1,823 Shares of OSI Systems, Inc. $OSIS

Deutsche Bank AG reduced its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 9.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,716 shares of the technology company’s stock after selling 1,823 shares during the quarter. Deutsche Bank AG owned about 0.11% of OSI Systems worth $3,443,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Nisa Investment Advisors LLC grew its position in shares of OSI Systems by 139.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock worth $38,000 after buying an additional 113 shares during the last quarter. Quantessence Capital LLC bought a new stake in shares of OSI Systems in the 4th quarter worth approximately $231,000. Xponance Inc. bought a new stake in shares of OSI Systems in the 1st quarter worth approximately $233,000. Sequoia Financial Advisors LLC bought a new stake in shares of OSI Systems in the 1st quarter worth approximately $234,000. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of OSI Systems in the 1st quarter worth approximately $274,000. 89.21% of the stock is currently owned by institutional investors.

OSI Systems Trading Down 1.3%

OSI Systems stock opened at $231.22 on Tuesday. The company has a current ratio of 2.11, a quick ratio of 1.38 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $223.61 and its two-hundred day simple moving average is $211.17. OSI Systems, Inc. has a 12 month low of $129.84 and a 12 month high of $241.64. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 28.13, a price-to-earnings-growth ratio of 1.98 and a beta of 1.31.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, Director Meyer/ Luskin sold 1,000 shares of the business’s stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $237.15, for a total value of $237,150.00. Following the sale, the director directly owned 11,214 shares of the company’s stock, valued at approximately $2,659,400.10. The trade was a 8.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William Francis Ballhaus, Jr. sold 750 shares of the business’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $228.88, for a total value of $171,660.00. Following the completion of the sale, the director directly owned 24,055 shares in the company, valued at $5,505,708.40. This trade represents a 3.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on OSIS. Roth Mkm lifted their price target on OSI Systems from $224.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. B. Riley restated a “buy” rating and set a $255.00 price target (up from $221.00) on shares of OSI Systems in a research report on Friday, May 2nd. Oppenheimer lifted their price target on OSI Systems from $225.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, May 5th. Finally, Wall Street Zen upgraded OSI Systems from a “sell” rating to a “hold” rating in a research report on Friday, May 16th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $228.33.

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.