7,801 Shares in OSI Systems, Inc. (NASDAQ:OSIS) Bought by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,801 shares of the technology company’s stock, valued at approximately $1,007,000.

A number of other hedge funds also recently made changes to their positions in OSIS. Calamos Advisors LLC bought a new stake in shares of OSI Systems in the 4th quarter valued at $762,000. Louisiana State Employees Retirement System bought a new stake in OSI Systems during the fourth quarter valued at $1,007,000. Vanguard Group Inc. boosted its position in OSI Systems by 2.6% during the third quarter. Vanguard Group Inc. now owns 1,990,492 shares of the technology company’s stock valued at $234,958,000 after acquiring an additional 49,634 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in OSI Systems by 25.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 45,903 shares of the technology company’s stock worth $5,418,000 after acquiring an additional 9,379 shares during the period. Finally, Oliver Luxxe Assets LLC bought a new position in shares of OSI Systems in the 3rd quarter worth about $813,000. 89.21% of the stock is currently owned by institutional investors.

Insider Activity at OSI Systems

In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred 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 completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total value of $2,582,200.00. Following the completion of the transaction, the chief executive officer now directly owns 468,615 shares of the company’s stock, valued at $60,502,882.65. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Victor S. Sze sold 15,000 shares of the company’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 transaction, the general counsel now owns 63,116 shares of the company’s stock, valued at approximately $8,218,334.36. The disclosure for this sale can be found here. 5.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on OSIS. StockNews.com cut OSI Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Roth Mkm lifted their price objective on shares of OSI Systems from $169.00 to $172.00 and gave the company a “buy” rating in a research note on Friday. Finally, Oppenheimer boosted their target price on shares of OSI Systems from $157.00 to $160.00 and gave the company an “outperform” rating in a research report on Monday.

OSI Systems Stock Down 3.4 %

Shares of OSIS traded down $4.69 during trading hours on Tuesday, reaching $131.44. The stock had a trading volume of 197,116 shares, compared to its average volume of 96,897. The firm has a 50-day simple moving average of $135.71 and a 200 day simple moving average of $127.61. OSI Systems, Inc. has a 12 month low of $103.04 and a 12 month high of $144.11. The company has a current ratio of 1.47, a quick ratio of 0.89 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 18.26, a P/E/G ratio of 1.52 and a beta of 0.98.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings data on Thursday, April 25th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.05. The firm had revenue of $405.41 million for the quarter, compared to the consensus estimate of $401.99 million. OSI Systems had a net margin of 8.56% and a return on equity of 18.10%. The business’s revenue was up 33.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 earnings per share. Equities research analysts predict that OSI Systems, Inc. will post 8.08 earnings per share for the current fiscal 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.