Dynamic Technology Lab Private Ltd Acquires 4,911 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Dynamic Technology Lab Private Ltd lifted its holdings in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 210.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,240 shares of the technology company's stock after buying an additional 4,911 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in OSI Systems were worth $1,212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Richardson Financial Services Inc. lifted its position in shares of OSI Systems by 65.6% during the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company's stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Truvestments Capital LLC raised its position in OSI Systems by 4.9% in the 4th quarter. Truvestments Capital LLC now owns 2,264 shares of the technology company's stock worth $379,000 after purchasing an additional 105 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in OSI Systems by 3.3% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company's stock worth $501,000 after buying an additional 106 shares in the last quarter. KBC Group NV increased its stake in shares of OSI Systems by 37.1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company's stock valued at $117,000 after buying an additional 189 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in shares of OSI Systems by 243.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company's stock worth $46,000 after acquiring an additional 195 shares during the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

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Wall Street Analyst Weigh In

OSIS has been the subject of a number of research reports. Roth Mkm lifted their price objective on OSI Systems from $178.00 to $224.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. StockNews.com cut shares of OSI Systems from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. B. Riley raised their price objective on shares of OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Wells Fargo & Company cut their price target on OSI Systems from $220.00 to $210.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, Oppenheimer upped their price objective on OSI Systems from $205.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $213.33.

Insider Buying and Selling at OSI Systems

In related news, insider Paul Keith Morben sold 155 shares of the firm's 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 transaction, the insider now owns 10,077 shares of the company's stock, valued at approximately $2,008,950.72. This trade represents a 1.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction dated 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 owns 5,000 shares of the company's stock, valued at approximately $979,150. This represents a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.20% of the company's stock.

OSI Systems Trading Up 0.4 %

OSI Systems stock traded up $0.65 during mid-day trading on Friday, hitting $185.09. 30,314 shares of the company's stock were exchanged, compared to its average volume of 181,595. The company's 50 day simple moving average is $195.84 and its 200-day simple moving average is $174.01. The company has a quick ratio of 1.25, a current ratio of 1.88 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $3.11 billion, a P/E ratio of 23.82, a PEG ratio of 1.81 and a beta of 1.19. OSI Systems, Inc. has a fifty-two week low of $126.57 and a fifty-two week high of $220.00.

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

About OSI Systems

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.