Blair William & Co. IL purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,893 shares of the technology company’s stock, valued at approximately $651,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Park Avenue Securities LLC grew its stake 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 valued at $1,526,000 after acquiring an additional 65 shares during the last quarter. Hohimer Wealth Management LLC grew its stake 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 valued at $374,000 after acquiring an additional 77 shares during the last quarter. National Bank of Canada FI grew its stake 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 valued at $28,000 after acquiring an additional 78 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in shares of OSI Systems by 7.0% during 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, Oliver Luxxe Assets LLC boosted its stake in shares of OSI Systems by 0.5% during the 2nd quarter. Oliver Luxxe Assets LLC now owns 22,984 shares of the technology company’s stock worth $5,168,000 after purchasing an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.
Insider Buying and Selling
In other news, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul Keith Morben sold 1,671 shares of OSI Systems 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 transaction, the insider directly owned 8,749 shares of the company’s stock, valued at approximately $2,071,413.24. This represents a 16.04% decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on OSIS
OSI Systems Trading Down 3.9%
OSIS opened at $246.74 on Friday. The firm has a market capitalization of $4.15 billion, a P/E ratio of 28.36, a P/E/G ratio of 2.20 and a beta of 1.32. The firm’s 50 day moving average is $236.55 and its 200-day moving average is $222.49. OSI Systems, Inc. has a 52-week low of $129.84 and a 52-week high of $257.41. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49.
OSI Systems (NASDAQ:OSIS – Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company had revenue of $504.99 million for the quarter, compared to analyst estimates of $497.22 million. During the same quarter last year, the firm posted $2.84 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. Analysts expect that OSI Systems, Inc. will post 9.22 EPS 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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