OSI Systems (NASDAQ:OSIS) Chairman Sells $4,916,000.00 in Stock

OSI Systems, Inc. (NASDAQ:OSIS) Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $245.80, for a total transaction of $4,916,000.00. Following the sale, the chairman directly owned 312,969 shares of the company’s stock, valued at approximately $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

OSI Systems Trading Up 1.3%

OSIS opened at $251.27 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 28.88, a price-to-earnings-growth ratio of 2.15 and a beta of 1.32. The firm has a 50 day simple moving average of $231.72 and a 200 day simple moving average of $219.48. OSI Systems, Inc. has a fifty-two week low of $129.84 and a fifty-two week high of $255.49.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The business had revenue of $504.99 million during the quarter, compared to the consensus estimate of $497.22 million. During the same period in the previous year, the firm posted $2.84 earnings per share. OSI Systems’s revenue for the quarter was up 4.9% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, sell-side analysts anticipate that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research note on Saturday, September 27th. B. Riley upped their target price on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Bank of America upped their target price on shares of OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Finally, 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. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.50.

Institutional Trading of OSI Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Texas Permanent School Fund Corp raised its position in OSI Systems by 9.0% during the second 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 in the last quarter. Osaic Holdings Inc. raised its position in shares of OSI Systems by 418.1% in the second quarter. Osaic Holdings Inc. now owns 32,688 shares of the technology company’s stock valued at $7,350,000 after purchasing an additional 26,379 shares during the period. Cim Investment Management Inc. bought a new position in shares of OSI Systems in the second quarter valued at about $214,000. Public Sector Pension Investment Board raised its position in shares of 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 period. Finally, Tower Research Capital LLC TRC raised its position in shares of 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 purchasing an additional 1,926 shares during the period. 89.21% of the stock is owned by institutional investors.

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.