OSI Systems, Inc. (NASDAQ:OSIS) Shares Bought by Fmr LLC

FMR LLC raised its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 31.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 847,907 shares of the technology company's stock after purchasing an additional 203,511 shares during the quarter. FMR LLC owned 5.05% of OSI Systems worth $141,965,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. acquired a new position in OSI Systems during the 4th quarter worth about $63,171,000. World Investment Advisors LLC acquired a new position in shares of OSI Systems in the third quarter valued at approximately $16,713,000. Boston Partners increased its stake in OSI Systems by 34.7% during the 4th quarter. Boston Partners now owns 237,882 shares of the technology company's stock worth $39,911,000 after buying an additional 61,304 shares during the period. Norges Bank acquired a new stake in OSI Systems during the 4th quarter worth approximately $9,085,000. Finally, Swedbank AB acquired a new position in shares of OSI Systems in the fourth quarter worth $8,372,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at OSI Systems

In other OSI Systems 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 value of $30,900.80. Following the completion of the transaction, the insider now owns 10,077 shares in the company, valued at $2,008,950.72. This represents a 1.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerald M. Chizever sold 2,701 shares of OSI Systems stock in a transaction that occurred 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 sale, the director now owns 5,000 shares in the company, valued at $979,150. This represents a 35.07 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.20% of the company's stock.

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OSI Systems Trading Up 0.2 %

NASDAQ:OSIS traded up $0.40 during mid-day trading on Tuesday, reaching $193.10. The company's stock had a trading volume of 160,068 shares, compared to its average volume of 183,246. OSI Systems, Inc. has a twelve month low of $126.57 and a twelve month high of $220.00. The company's fifty day simple moving average is $195.16 and its two-hundred day simple moving average is $174.98. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. The stock has a market cap of $3.24 billion, a P/E ratio of 24.85, a P/E/G 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 net margin of 8.15% and a return on equity of 18.22%. On average, equities analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.