OSI Systems, Inc. $OSIS Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue lifted its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 7.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,298 shares of the technology company’s stock after purchasing an additional 641 shares during the period. State of Alaska Department of Revenue owned approximately 0.06% of OSI Systems worth $2,090,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Park Avenue Securities LLC grew its holdings in shares of OSI Systems by 1.0% in the second quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock valued at $1,526,000 after purchasing an additional 65 shares in the last quarter. Hohimer Wealth Management LLC grew its holdings in shares of OSI Systems by 4.2% in the first quarter. Hohimer Wealth Management LLC now owns 1,927 shares of the technology company’s stock valued at $374,000 after purchasing an additional 77 shares in the last quarter. National Bank of Canada FI grew its holdings in shares of OSI Systems by 118.2% in the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after purchasing an additional 78 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in shares of OSI Systems by 7.0% in the first quarter. Ashton Thomas Private Wealth LLC now owns 1,483 shares of the technology company’s stock valued at $288,000 after purchasing an additional 97 shares in the last quarter. Finally, Oliver Luxxe Assets LLC grew its holdings in shares of OSI Systems by 0.5% in the second quarter. Oliver Luxxe Assets LLC now owns 22,984 shares of the technology company’s stock valued at $5,168,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on OSIS. Bank of America lifted their price objective on shares of OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a report on Friday, September 26th. B. Riley boosted their price target on shares of OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, Oppenheimer reiterated an “outperform” rating and set a $270.00 price target on shares of OSI Systems in a report on Friday, August 22nd. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.83.

OSI Systems Stock Up 1.0%

OSIS stock opened at $248.08 on Friday. The company has a fifty day moving average price of $231.22 and a 200 day moving average price of $218.97. OSI Systems, Inc. has a 12 month low of $129.84 and a 12 month high of $249.79. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 28.51, a price-to-earnings-growth ratio of 2.10 and a beta of 1.32. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, beating the consensus estimate of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The firm had revenue of $504.99 million during the quarter, compared to the consensus estimate of $497.22 million. During the same quarter in the prior year, the firm earned $2.84 EPS. OSI Systems’s revenue for the quarter was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. Sell-side analysts expect that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Buying and Selling at OSI Systems

In related news, insider Paul Keith Morben sold 1,671 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $236.76, for a total value of $395,625.96. Following the completion of the sale, the insider owned 8,749 shares in the company, valued at $2,071,413.24. This represents a 16.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total transaction of $4,916,000.00. Following the completion of the sale, the chairman owned 312,969 shares of the company’s stock, valued at approximately $76,927,780.20. This trade represents a 6.01% decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

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.