Cetera Investment Advisers Sells 766 Shares of OSI Systems, Inc. $OSIS

Cetera Investment Advisers decreased its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 7.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,138 shares of the technology company’s stock after selling 766 shares during the period. Cetera Investment Advisers owned approximately 0.06% of OSI Systems worth $2,280,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in OSI Systems by 161.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 877,393 shares of the technology company’s stock valued at $170,513,000 after purchasing an additional 541,882 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new position in shares of OSI Systems during the 1st quarter worth about $39,686,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of OSI Systems by 1,202.6% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 125,050 shares of the technology company’s stock valued at $27,328,000 after acquiring an additional 115,450 shares during the last quarter. Swedbank AB boosted its stake in OSI Systems by 160.0% during the 1st quarter. Swedbank AB now owns 130,000 shares of the technology company’s stock worth $25,264,000 after acquiring an additional 80,000 shares during the last quarter. Finally, Nuveen LLC acquired a new position in OSI Systems during the first quarter valued at approximately $15,546,000. 89.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director James B. Hawkins sold 1,500 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $283.15, for a total transaction of $424,725.00. Following the completion of the transaction, the director directly owned 5,036 shares in the company, valued at $1,425,943.40. This represents a 22.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $285.74, for a total value of $5,714,800.00. Following the completion of the transaction, the chairman owned 292,969 shares of the company’s stock, valued at $83,712,962.06. The trade was a 6.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 43,587 shares of company stock worth $11,567,257. 4.30% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Bank of America increased their price target on OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Roth Capital reiterated a “buy” rating and set a $280.00 price objective on shares of OSI Systems in a report on Wednesday, October 29th. Finally, B. Riley increased their target price on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $263.57.

OSI Systems Stock Down 0.3%

OSIS stock opened at $270.86 on Friday. The business has a 50-day moving average of $256.01 and a 200-day moving average of $236.49. OSI Systems, Inc. has a fifty-two week low of $150.84 and a fifty-two week high of $292.34. The stock has a market capitalization of $4.60 billion, a P/E ratio of 31.13, a P/E/G ratio of 2.13 and a beta of 1.33. 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 earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.37 by $0.05. The firm had revenue of $384.62 million for the quarter, compared to analysts’ expectations of $372.03 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, sell-side analysts anticipate 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.