Bridge City Capital LLC Sells 9,581 Shares of OSI Systems, Inc. $OSIS

Bridge City Capital LLC cut its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 22.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,882 shares of the technology company’s stock after selling 9,581 shares during the quarter. OSI Systems comprises 2.1% of Bridge City Capital LLC’s portfolio, making the stock its 5th largest position. Bridge City Capital LLC owned approximately 0.20% of OSI Systems worth $7,619,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of OSI Systems by 161.5% in the 1st 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 period. Mawer Investment Management Ltd. increased its holdings in OSI Systems by 11.2% in the second quarter. Mawer Investment Management Ltd. now owns 512,656 shares of the technology company’s stock valued at $115,276,000 after purchasing an additional 51,634 shares during the last quarter. Geode Capital Management LLC lifted its stake in OSI Systems by 0.6% in the second quarter. Geode Capital Management LLC now owns 381,128 shares of the technology company’s stock valued at $85,711,000 after buying an additional 2,419 shares during the period. Clark Capital Management Group Inc. boosted its holdings in OSI Systems by 1.9% during the first quarter. Clark Capital Management Group Inc. now owns 369,473 shares of the technology company’s stock worth $71,803,000 after buying an additional 6,761 shares during the last quarter. Finally, Primecap Management Co. CA grew its position in shares of OSI Systems by 12.3% during the 1st quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company’s stock worth $64,974,000 after buying an additional 36,620 shares during the period. Institutional investors own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on OSIS. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. UBS Group set a $292.00 target price on shares of OSI Systems in a report on Monday. Bank of America lifted their price target on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. upped their price objective on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Roth Capital lifted their target price on OSI Systems from $280.00 to $292.00 and gave the stock a “buy” rating in a report on Monday. 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 has an average rating of “Moderate Buy” and a consensus price target of $268.63.

Insider Buying and Selling

In related news, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $283.15, for a total value of $424,725.00. Following the sale, the director owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. This trade represents a 22.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $285.74, for a total value of $5,714,800.00. Following the transaction, the chairman directly owned 292,969 shares of the company’s stock, valued at approximately $83,712,962.06. This trade represents a 6.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 41,916 shares of company stock worth $11,171,631. 4.30% of the stock is owned by corporate insiders.

OSI Systems Trading Up 2.6%

Shares of NASDAQ:OSIS opened at $273.19 on Thursday. OSI Systems, Inc. has a 12 month low of $150.84 and a 12 month high of $292.34. The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 0.46. The company’s fifty day simple moving average is $258.13 and its 200 day simple moving average is $237.39. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 2.23 and a beta of 1.35.

OSI Systems (NASDAQ:OSIS) last announced its earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. The firm had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a net margin of 8.68% and a return on equity of 18.25%. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, research analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

OSI Systems 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.