Osaic Holdings Inc. Increases Position in OSI Systems, Inc. $OSIS

Osaic Holdings Inc. grew its position in shares of OSI Systems, Inc. (NASDAQ:OSISFree Report) by 418.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,688 shares of the technology company’s stock after purchasing an additional 26,379 shares during the period. Osaic Holdings Inc. owned approximately 0.19% of OSI Systems worth $7,350,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Cim Investment Management Inc. acquired a new position in OSI Systems during the 2nd quarter worth about $214,000. Public Sector Pension Investment Board increased its stake in OSI Systems by 7.4% during the second quarter. Public Sector Pension Investment Board now owns 53,236 shares of the technology company’s stock worth $11,971,000 after purchasing an additional 3,657 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of OSI Systems by 987.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,121 shares of the technology company’s stock worth $477,000 after purchasing an additional 1,926 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of OSI Systems by 7.1% in the second quarter. MML Investors Services LLC now owns 13,736 shares of the technology company’s stock valued at $3,089,000 after purchasing an additional 916 shares during the period. Finally, HRT Financial LP boosted its stake in shares of OSI Systems by 73.6% in the second quarter. HRT Financial LP now owns 25,716 shares of the technology company’s stock valued at $5,782,000 after purchasing an additional 10,905 shares during the period. 89.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on OSIS shares. UBS Group set a $292.00 target price on shares of OSI Systems in a report on Monday, December 1st. Oppenheimer upped their price objective on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. lifted their target price on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Finally, Bank of America increased their price target on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, OSI Systems currently has an average rating of “Moderate Buy” and a consensus target price of $268.63.

Check Out Our Latest Analysis on OSI Systems

OSI Systems Stock Performance

NASDAQ:OSIS opened at $264.53 on Monday. OSI Systems, Inc. has a 12 month low of $150.84 and a 12 month high of $292.34. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.87 and a quick ratio of 1.29. The firm has a market capitalization of $4.49 billion, a PE ratio of 29.96, a price-to-earnings-growth ratio of 2.19 and a beta of 1.35. The business’s fifty day moving average price is $262.65 and its 200 day moving average price is $240.83.

OSI Systems (NASDAQ:OSISGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.05. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.The business had revenue of $384.62 million during the quarter, compared to analysts’ expectations of $372.03 million. During the same period in the prior year, the firm posted $1.25 EPS. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. 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.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the sale, the chairman 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James B. Hawkins sold 1,500 shares of the company’s stock in a transaction on 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 owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. The trade was a 22.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,916 shares of company stock worth $11,171,631 over the last three months. Insiders own 4.30% of the company’s stock.

OSI Systems Profile

(Free Report)

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.

See Also

Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

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