American Century Companies Inc. Buys New Position in OSI Systems, Inc. (NASDAQ:OSIS)

American Century Companies Inc. purchased a new position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 11,216 shares of the technology company's stock, valued at approximately $1,878,000. American Century Companies Inc. owned 0.07% of OSI Systems at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Richardson Financial Services Inc. lifted its holdings in OSI Systems by 65.6% in the 4th quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company's stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company's stock worth $46,000 after purchasing an additional 195 shares in the last quarter. KBC Group NV lifted its stake in OSI Systems by 37.1% during the fourth quarter. KBC Group NV now owns 699 shares of the technology company's stock valued at $117,000 after purchasing an additional 189 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in OSI Systems by 36.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 768 shares of the technology company's stock worth $129,000 after buying an additional 207 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in OSI Systems by 80.1% in the fourth quarter. Global Retirement Partners LLC now owns 861 shares of the technology company's stock worth $144,000 after buying an additional 383 shares during the last quarter. Institutional investors own 89.21% of the company's stock.

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Wall Street Analyst Weigh In

A number of brokerages recently weighed in on OSIS. Roth Mkm lifted their price target on OSI Systems from $178.00 to $224.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. StockNews.com lowered shares of OSI Systems from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. B. Riley upped their price target on shares of OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Oppenheimer lifted their price objective on shares of OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Finally, Wells Fargo & Company reduced their target price on OSI Systems from $220.00 to $210.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $213.33.

OSI Systems Stock Up 2.7 %

OSI Systems stock traded up $5.07 during trading hours on Friday, hitting $189.51. The company had a trading volume of 180,216 shares, compared to its average volume of 183,080. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. OSI Systems, Inc. has a fifty-two week low of $126.57 and a fifty-two week high of $220.00. The firm's fifty day moving average is $195.65 and its 200-day moving average is $174.52. The firm has a market capitalization of $3.18 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 1.81 and a beta of 1.19.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, topping analysts' consensus estimates of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. On average, research analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Buying and Selling at OSI Systems

In related news, insider Paul Keith Morben sold 155 shares of OSI Systems stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the completion of the sale, the insider now owns 10,077 shares of the company's stock, valued at approximately $2,008,950.72. The trade was a 1.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the transaction, the director now directly owns 5,000 shares in the company, valued at $979,150. The trade was a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company's stock.

OSI Systems 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.