Barclays PLC Purchases 25,437 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Barclays PLC increased its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 252.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 35,519 shares of the technology company's stock after acquiring an additional 25,437 shares during the quarter. Barclays PLC owned about 0.21% of OSI Systems worth $5,392,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in OSIS. MML Investors Services LLC raised its position in shares of OSI Systems by 13.9% in the third quarter. MML Investors Services LLC now owns 8,658 shares of the technology company's stock valued at $1,315,000 after purchasing an additional 1,055 shares during the period. Orion Portfolio Solutions LLC grew its stake in OSI Systems by 3.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company's stock valued at $501,000 after buying an additional 106 shares in the last quarter. XTX Topco Ltd bought a new stake in OSI Systems during the 3rd quarter valued at $486,000. Jane Street Group LLC lifted its position in shares of OSI Systems by 12.9% during the third quarter. Jane Street Group LLC now owns 19,574 shares of the technology company's stock worth $2,972,000 after acquiring an additional 2,242 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of OSI Systems by 0.9% in the third quarter. State Street Corp now owns 727,690 shares of the technology company's stock worth $110,485,000 after acquiring an additional 6,514 shares during the period. 89.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. StockNews.com raised OSI Systems from a "sell" rating to a "hold" rating in a report on Tuesday, December 10th. Bank of America started coverage on shares of OSI Systems in a report on Monday, September 30th. They issued a "buy" rating and a $175.00 price target on the stock. Roth Mkm boosted their price objective on shares of OSI Systems from $172.00 to $178.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. B. Riley increased their target price on shares of OSI Systems from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Friday, August 23rd. Finally, Wells Fargo & Company boosted their price target on shares of OSI Systems from $172.00 to $202.00 and gave the company an "overweight" rating in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $179.00.

Insider Activity at OSI Systems

In other OSI Systems news, CEO Deepak Chopra sold 15,000 shares of the company's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $153.42, for a total transaction of $2,301,300.00. Following the completion of the sale, the chief executive officer now directly owns 424,323 shares in the company, valued at $65,099,634.66. This represents a 3.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Manoocher M. Aliabadi sold 2,509 shares of OSI Systems stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $180.02, for a total value of $451,670.18. Following the completion of the transaction, the insider now owns 78,094 shares in the company, valued at approximately $14,058,481.88. This represents a 3.11 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 43,591 shares of company stock valued at $7,557,745. Corporate insiders own 5.20% of the company's stock.

OSI Systems Price Performance

OSI Systems stock traded down $0.10 during mid-day trading on Friday, hitting $175.07. 386,690 shares of the company traded hands, compared to its average volume of 137,064. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.20 and a current ratio of 1.84. OSI Systems, Inc. has a one year low of $120.42 and a one year high of $189.13. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 1.55 and a beta of 1.18. The stock has a fifty day moving average price of $159.31 and a 200-day moving average price of $148.53.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The technology company reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.19. The company had revenue of $344.01 million during the quarter, compared to the consensus estimate of $318.66 million. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The firm's revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 EPS. On average, equities analysts predict that OSI Systems, Inc. will post 9.13 earnings per share for the current fiscal year.

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.