OSI Systems, Inc. $OSIS Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 11.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,006 shares of the technology company’s stock after selling 270 shares during the quarter. Mutual of America Capital Management LLC’s holdings in OSI Systems were worth $451,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. National Bank of Canada FI lifted its holdings in shares of 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 buying an additional 78 shares during the period. Nisa Investment Advisors LLC lifted its holdings 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 valued at $38,000 after buying an additional 113 shares during the period. Virtus Advisers LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at approximately $43,000. USA Financial Formulas acquired a new stake in shares of OSI Systems in the 2nd quarter valued at approximately $55,000. Finally, GAMMA Investing LLC lifted its holdings in shares of OSI Systems by 73.8% in the 2nd quarter. GAMMA Investing LLC now owns 278 shares of the technology company’s stock valued at $63,000 after buying an additional 118 shares during the period. 89.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at OSI Systems

In other news, insider Paul Keith Morben sold 1,671 shares of the firm’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 sale, the insider owned 8,749 shares in the company, valued at $2,071,413.24. This trade represents a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Deepak Chopra sold 20,000 shares of the firm’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 in the company, valued at $76,927,780.20. This trade represents a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.30% of the company’s stock.

OSI Systems Stock Performance

OSI Systems stock opened at $250.94 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The stock has a fifty day moving average of $239.59 and a two-hundred day moving average of $226.69. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 28.84, a PEG ratio of 2.17 and a beta of 1.32. OSI Systems, Inc. has a fifty-two week low of $130.05 and a fifty-two week high of $257.41.

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

Analysts Set New Price Targets

Several research firms have recently commented on OSIS. B. Riley raised their price target on OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Oppenheimer upped their target price on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, October 3rd. Bank of America raised their price target on OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $247.50.

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.