GAMMA Investing LLC raised its position in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 73.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278 shares of the technology company’s stock after purchasing an additional 118 shares during the period. GAMMA Investing LLC’s holdings in OSI Systems were worth $63,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC lifted its holdings in OSI Systems by 1.0% in the 2nd quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock worth $1,526,000 after purchasing an additional 65 shares during the last quarter. Hohimer Wealth Management LLC lifted its holdings in OSI Systems by 4.2% in the 1st quarter. Hohimer Wealth Management LLC now owns 1,927 shares of the technology company’s stock worth $374,000 after purchasing an additional 77 shares during the last quarter. National Bank of Canada FI lifted its holdings in OSI Systems by 118.2% in the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock worth $28,000 after purchasing an additional 78 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in OSI Systems by 7.0% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 1,483 shares of the technology company’s stock worth $288,000 after purchasing an additional 97 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in 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 purchasing an additional 113 shares during the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. B. Riley raised their target price on OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a report on Saturday, September 27th. Bank of America raised their target price on OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a report on Friday, September 26th. Finally, Oppenheimer raised their target price on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $247.50.
Insiders Place Their Bets
In other news, insider Paul Keith Morben sold 1,671 shares of the business’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction 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. The trade was a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $245.80, for a total value of $4,916,000.00. Following the sale, the chairman owned 312,969 shares of the company’s stock, valued at approximately $76,927,780.20. The trade was a 6.01% decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.
OSI Systems Price Performance
Shares of OSIS stock opened at $251.27 on Friday. The stock’s fifty day simple moving average is $231.72 and its 200 day simple moving average is $219.37. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 28.88, a P/E/G ratio of 2.12 and a beta of 1.32. OSI Systems, Inc. has a one year low of $129.84 and a one year high of $255.49.
OSI Systems (NASDAQ:OSIS – Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.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 previous year, the company posted $2.84 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, analysts expect that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.
OSI Systems Company 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.
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