OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $292.35 and last traded at $291.3450, with a volume of 55683 shares. The stock had previously closed at $286.65.
Analyst Ratings Changes
Several brokerages have recently issued reports on OSIS. Roth Capital increased their price objective on OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research note on Monday, December 1st. Bank of America increased their price target on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Oppenheimer lifted their price objective on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Finally, UBS Group set a $292.00 target price on shares of OSI Systems in a report on Monday, December 1st. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, OSI Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $268.63.
View Our Latest Research Report on OSIS
OSI Systems Stock Up 0.4%
OSI Systems (NASDAQ:OSIS – Get Free Report) last announced its quarterly 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 company had revenue of $384.62 million for the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a net margin of 8.68% and a return on equity of 18.25%. The firm’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, sell-side analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current year.
Insider Activity at OSI Systems
In related news, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $285.74, for a total value of $5,714,800.00. Following the completion of the sale, the chairman directly owned 292,969 shares of the company’s stock, valued at $83,712,962.06. The trade was a 6.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Keith Morben sold 416 shares of OSI Systems stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $279.10, for a total value of $116,105.60. Following the sale, the insider owned 8,540 shares in the company, valued at $2,383,514. This trade represents a 4.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,916 shares of company stock valued at $6,255,631 over the last ninety days. Insiders own 4.30% of the company’s stock.
Institutional Investors Weigh In On OSI Systems
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of OSI Systems by 10.3% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,361 shares of the technology company’s stock worth $347,000 after acquiring an additional 127 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in OSI Systems by 112.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 18,230 shares of the technology company’s stock worth $4,659,000 after purchasing an additional 9,646 shares during the period. Chatham Capital Group Inc. boosted its stake in OSI Systems by 2.6% during the 4th quarter. Chatham Capital Group Inc. now owns 17,580 shares of the technology company’s stock worth $4,484,000 after purchasing an additional 445 shares during the period. SG Americas Securities LLC grew its position in OSI Systems by 14.7% during the 4th quarter. SG Americas Securities LLC now owns 4,498 shares of the technology company’s stock worth $1,147,000 after purchasing an additional 577 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in OSI Systems by 7.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 17,917 shares of the technology company’s stock valued at $4,570,000 after purchasing an additional 1,306 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.
About OSI Systems
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.
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