Shares of OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $203.36 and last traded at $202.4390, with a volume of 75581 shares trading hands. The stock had previously closed at $212.61.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Weiss Ratings lowered OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Roth Mkm reaffirmed a “buy” rating and issued a $310.00 target price on shares of OSI Systems in a research note on Tuesday, May 5th. Finally, Citigroup reduced their target price on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $294.00.
Get Our Latest Analysis on OSIS
OSI Systems Trading Down 7.1%
OSI Systems (NASDAQ:OSIS – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.07. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The company had revenue of $453.25 million for the quarter, compared to analyst estimates of $449.23 million. During the same quarter in the prior year, the company posted $2.44 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, analysts forecast that OSI Systems, Inc. will post 10.4 EPS for the current fiscal year.
Insider Buying and Selling at OSI Systems
In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the transaction, the director owned 253,044 shares of the company’s stock, valued at $71,317,920.96. This represents a 7.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by corporate insiders.
Institutional Trading of OSI Systems
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Janus Henderson Group PLC increased its holdings in shares of OSI Systems by 2.6% during the 1st quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company’s stock worth $205,056,000 after buying an additional 19,747 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of OSI Systems by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 410,963 shares of the technology company’s stock worth $104,836,000 after buying an additional 16,692 shares during the last quarter. UBS Group AG increased its holdings in shares of OSI Systems by 63.8% during the 3rd quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after buying an additional 123,212 shares during the last quarter. Clark Capital Management Group Inc. increased its holdings in shares of OSI Systems by 2.6% during the 4th quarter. Clark Capital Management Group Inc. now owns 266,114 shares of the technology company’s stock worth $67,875,000 after buying an additional 6,663 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of OSI Systems by 4.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 255,062 shares of the technology company’s stock worth $65,057,000 after buying an additional 10,144 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.
OSI Systems Company 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.
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