OSI Systems, Inc. $OSIS Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC trimmed its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 58.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 8,584 shares of the technology company’s stock after selling 11,925 shares during the period. Allspring Global Investments Holdings LLC owned about 0.05% of OSI Systems worth $2,109,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada raised its position in OSI Systems by 519.8% in the first quarter. Royal Bank of Canada now owns 10,257 shares of the technology company’s stock valued at $1,993,000 after purchasing an additional 8,602 shares during the period. AQR Capital Management LLC raised its holdings in shares of OSI Systems by 64.2% in the 1st quarter. AQR Capital Management LLC now owns 11,656 shares of the technology company’s stock valued at $2,265,000 after buying an additional 4,558 shares during the period. Ashton Thomas Private Wealth LLC raised its holdings in shares of OSI Systems by 7.0% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 1,483 shares of the technology company’s stock valued at $288,000 after buying an additional 97 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in OSI Systems by 161.5% during 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 worth $170,513,000 after acquiring an additional 541,882 shares in the last quarter. Finally, Intech Investment Management LLC boosted its holdings in OSI Systems by 15.4% during the 1st quarter. Intech Investment Management LLC now owns 9,233 shares of the technology company’s stock valued at $1,794,000 after acquiring an additional 1,233 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Insider Activity

In other OSI Systems news, Director James B. Hawkins sold 1,500 shares of the firm’s stock in a transaction that occurred 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 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 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, 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 transaction of $5,714,800.00. Following the sale, the chairman owned 292,969 shares of the company’s stock, valued at $83,712,962.06. This represents a 6.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 21,916 shares of company stock worth $6,255,631. 4.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on OSIS shares. Roth Capital boosted their price target on shares of OSI Systems from $280.00 to $292.00 and gave the stock a “buy” rating in a research note on Monday, December 1st. JPMorgan Chase & Co. lifted their price objective on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Oppenheimer increased their target price on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, October 3rd. UBS Group set a $292.00 price target on shares of OSI Systems in a research note on Monday, December 1st. Finally, Bank of America increased their price objective on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research note 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $268.63.

OSI Systems Price Performance

Shares of OSIS opened at $279.61 on Friday. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 31.67, a PEG ratio of 2.28 and a beta of 1.35. The firm’s fifty day simple moving average is $268.03 and its 200-day simple moving average is $244.68. OSI Systems, Inc. has a twelve month low of $150.84 and a twelve month high of $292.34. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 0.46.

OSI Systems (NASDAQ:OSIS) last posted 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 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 for the quarter was up 11.8% compared to the same quarter last year. 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. Equities 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.