Farringdon Capital Ltd. Makes New $340,000 Investment in OSI Systems, Inc. (NASDAQ:OSIS)

Farringdon Capital Ltd. acquired a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 2,028 shares of the technology company's stock, valued at approximately $340,000.

Several other large investors also recently bought and sold shares of the business. Marshall Wace LLP boosted its holdings in OSI Systems by 5.0% in the 4th quarter. Marshall Wace LLP now owns 29,579 shares of the technology company's stock valued at $4,952,000 after purchasing an additional 1,421 shares during the last quarter. Jump Financial LLC acquired a new position in OSI Systems in the fourth quarter valued at about $1,933,000. Summit Investment Advisors Inc. boosted its stake in OSI Systems by 4.7% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,660 shares of the technology company's stock worth $278,000 after buying an additional 74 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of OSI Systems during the fourth quarter valued at about $1,840,000. Finally, Invesco Ltd. raised its stake in shares of OSI Systems by 11.6% in the 4th quarter. Invesco Ltd. now owns 176,718 shares of the technology company's stock valued at $29,588,000 after acquiring an additional 18,388 shares during the period. Hedge funds and other institutional investors own 89.21% of the company's stock.

Insiders Place Their Bets

In other news, insider Paul Keith Morben sold 155 shares of the company's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $199.36, for a total transaction of $30,900.80. Following the completion of the sale, the insider now owns 10,077 shares in the company, valued at $2,008,950.72. This 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 available through this link. Also, Director Gerald M. Chizever sold 2,701 shares of OSI Systems stock in a transaction on Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at approximately $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. started coverage on shares of OSI Systems in a report on Friday, February 21st. They issued a "neutral" rating and a $225.00 target price for the company. Wells Fargo & Company cut their price target on shares of OSI Systems from $220.00 to $210.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Oppenheimer boosted their price target on shares of OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. B. Riley lifted their price objective on OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Finally, Roth Mkm lifted their price objective on OSI Systems from $178.00 to $224.00 and gave the company a "buy" rating in a research note on Friday, January 24th. One 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, OSI Systems currently has an average rating of "Moderate Buy" and a consensus target price of $213.33.

OSI Systems Stock Up 3.1 %

Shares of NASDAQ OSIS traded up $5.98 during midday trading on Thursday, hitting $199.56. 29,889 shares of the company's stock were exchanged, compared to its average volume of 184,630. 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 twelve month low of $126.57 and a twelve month high of $220.00. The company has a market cap of $3.35 billion, a PE ratio of 25.74, a P/E/G ratio of 1.81 and a beta of 1.19. The firm's fifty day simple moving average is $193.08 and its 200-day simple moving average is $176.61.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its quarterly 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 return on equity of 18.22% and a net margin of 8.15%. Research analysts predict that OSI Systems, Inc. will post 9.22 EPS 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.