OSI Systems, Inc. (NASDAQ:OSIS) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. trimmed its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 6.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 48,972 shares of the technology company’s stock after selling 3,467 shares during the quarter. Asset Management One Co. Ltd.’s holdings in OSI Systems were worth $6,387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of OSIS. Quantbot Technologies LP acquired a new stake in OSI Systems during the 2nd quarter valued at approximately $25,000. Farther Finance Advisors LLC lifted its stake in OSI Systems by 1,272.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 343 shares of the technology company’s stock valued at $40,000 after acquiring an additional 318 shares during the period. Parkside Financial Bank & Trust lifted its stake in OSI Systems by 27.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock valued at $50,000 after acquiring an additional 90 shares during the period. Russell Investments Group Ltd. lifted its stake in OSI Systems by 160.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 500 shares of the technology company’s stock valued at $59,000 after acquiring an additional 308 shares during the period. Finally, Captrust Financial Advisors lifted its stake in OSI Systems by 305.6% during the 1st quarter. Captrust Financial Advisors now owns 718 shares of the technology company’s stock valued at $61,000 after acquiring an additional 541 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $129.11, for a total value of $2,582,200.00. Following the completion of the sale, the chief executive officer now owns 468,615 shares of the company’s stock, valued at approximately $60,502,882.65. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, General Counsel Victor S. Sze sold 15,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $130.21, for a total value of $1,953,150.00. Following the completion of the sale, the general counsel now owns 63,116 shares of the company’s stock, valued at approximately $8,218,334.36. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total transaction of $2,582,200.00. Following the sale, the chief executive officer now directly owns 468,615 shares of the company’s stock, valued at approximately $60,502,882.65. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,000 shares of company stock valued at $6,503,650. 5.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on OSIS shares. StockNews.com upgraded shares of OSI Systems from a “hold” rating to a “buy” rating in a research note on Thursday, April 4th. Roth Mkm boosted their target price on shares of OSI Systems from $165.00 to $169.00 and gave the company a “buy” rating in a research note on Friday, January 26th.

OSI Systems Stock Performance

OSIS opened at $142.03 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.43 and a quick ratio of 0.80. The firm has a fifty day moving average price of $134.54 and a 200 day moving average price of $125.76. OSI Systems, Inc. has a 1 year low of $99.11 and a 1 year high of $144.11. The stock has a market cap of $2.42 billion, a P/E ratio of 21.55, a P/E/G ratio of 1.61 and a beta of 0.98.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, January 25th. The technology company reported $2.21 EPS for the quarter, topping the consensus estimate of $1.74 by $0.47. The company had revenue of $373.20 million during the quarter, compared to analyst estimates of $364.29 million. OSI Systems had a net margin of 8.31% and a return on equity of 17.35%. The firm’s revenue was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 EPS. Equities research analysts anticipate that OSI Systems, Inc. will post 8.03 earnings per share for the current 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.