Insider Selling: OSI Systems, Inc. (NASDAQ:OSIS) Insider Sells 155 Shares of Stock

OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) insider Paul Keith Morben sold 155 shares of the business's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the sale, the insider now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

OSI Systems Price Performance

OSIS traded up $4.41 on Tuesday, hitting $199.41. 148,362 shares of the company's stock were exchanged, compared to its average volume of 226,113. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $176.18 and a 200-day moving average price of $156.27. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 25.66, a P/E/G ratio of 1.66 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 $201.42.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (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%. As a group, equities analysts anticipate that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Analyst Upgrades and Downgrades

OSIS has been the subject of several research reports. Roth Mkm increased their price objective 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 OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a research report on Friday, January 24th. StockNews.com upgraded OSI Systems from a "sell" rating to a "hold" rating in a report on Tuesday, December 10th. Oppenheimer lifted their price target on shares of OSI Systems from $205.00 to $225.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Finally, Wells Fargo & Company lifted their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the company an "overweight" rating in a report on Wednesday, December 11th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $209.40.

Institutional Trading of OSI Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Richardson Financial Services Inc. grew its stake in shares of OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company's stock valued at $26,000 after buying an additional 61 shares in the last quarter. International Assets Investment Management LLC increased its stake in OSI Systems by 15,075.0% during the third quarter. International Assets Investment Management LLC now owns 607 shares of the technology company's stock worth $92,000 after purchasing an additional 603 shares during the period. KBC Group NV increased its stake in OSI Systems by 37.1% during the 4th quarter. KBC Group NV now owns 699 shares of the technology company's stock worth $117,000 after buying an additional 189 shares during the period. Global Retirement Partners LLC lifted its holdings in OSI Systems by 80.1% during the 4th quarter. Global Retirement Partners LLC now owns 861 shares of the technology company's stock worth $144,000 after buying an additional 383 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of OSI Systems during the third quarter worth $182,000. Hedge funds and other institutional investors own 89.21% of the company's stock.

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.