Corient Private Wealth LLC Sells 3,909 Shares of OSI Systems, Inc. $OSIS

Corient Private Wealth LLC trimmed its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 74.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,349 shares of the technology company’s stock after selling 3,909 shares during the period. Corient Private Wealth LLC’s holdings in OSI Systems were worth $303,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of OSIS. Texas Permanent School Fund Corp grew its holdings in OSI Systems by 9.0% during the 2nd quarter. Texas Permanent School Fund Corp now owns 9,761 shares of the technology company’s stock worth $2,195,000 after acquiring an additional 804 shares during the period. Osaic Holdings Inc. boosted its position in shares of OSI Systems by 418.1% in the 2nd quarter. Osaic Holdings Inc. now owns 32,688 shares of the technology company’s stock worth $7,350,000 after purchasing an additional 26,379 shares during the last quarter. Cim Investment Management Inc. acquired a new stake in shares of OSI Systems during the second quarter worth $214,000. Public Sector Pension Investment Board increased its holdings in OSI Systems by 7.4% in the second quarter. Public Sector Pension Investment Board now owns 53,236 shares of the technology company’s stock valued at $11,971,000 after purchasing an additional 3,657 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in OSI Systems by 987.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,121 shares of the technology company’s stock valued at $477,000 after buying an additional 1,926 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at OSI Systems

In other news, Director James B. Hawkins sold 1,500 shares of the firm’s 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 completion of the sale, the director directly owned 5,036 shares of the company’s stock, valued at $1,425,943.40. This trade represents a 22.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Deepak Chopra sold 20,000 shares of the business’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 in the company, valued at $83,712,962.06. The trade was a 6.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 21,916 shares of company stock worth $6,255,631. Insiders own 4.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on OSIS shares. UBS Group set a $292.00 price target on OSI Systems in a research note on Monday, December 1st. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Oppenheimer upped their price target on shares of 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 increased their price objective 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. Finally, Roth Capital boosted their price objective on shares of OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research report on Monday, December 1st. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $268.63.

OSI Systems Price Performance

Shares of OSIS opened at $262.95 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 0.46. OSI Systems, Inc. has a twelve month low of $150.84 and a twelve month high of $292.34. The stock has a market capitalization of $4.46 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.24 and a beta of 1.35. The company has a 50 day moving average of $265.31 and a 200-day moving average of $242.74.

OSI Systems (NASDAQ:OSIS) last released its earnings results 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. The business had revenue of $384.62 million for the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.OSI Systems’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, equities research analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

OSI Systems Profile

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.