GHP Investment Advisors Inc. Boosts Position in OSI Systems, Inc. (NASDAQ:OSIS)

GHP Investment Advisors Inc. raised its holdings in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 71.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,872 shares of the technology company's stock after buying an additional 11,173 shares during the quarter. GHP Investment Advisors Inc. owned about 0.16% of OSI Systems worth $4,080,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of OSI Systems by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 2,097,875 shares of the technology company's stock valued at $270,731,000 after purchasing an additional 107,383 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of OSI Systems by 1.6% during the first quarter. Janus Henderson Group PLC now owns 1,249,889 shares of the technology company's stock valued at $178,508,000 after purchasing an additional 19,683 shares in the last quarter. Hood River Capital Management LLC boosted its position in shares of OSI Systems by 10.6% during the second quarter. Hood River Capital Management LLC now owns 316,788 shares of the technology company's stock valued at $43,565,000 after purchasing an additional 30,464 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of OSI Systems by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 127,544 shares of the technology company's stock valued at $17,540,000 after purchasing an additional 1,747 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of OSI Systems by 713.1% during the second quarter. Victory Capital Management Inc. now owns 97,951 shares of the technology company's stock valued at $13,470,000 after purchasing an additional 85,904 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on OSIS. Wells Fargo & Company began coverage on OSI Systems in a research report on Wednesday, September 18th. They set an "overweight" rating and a $170.00 price target on the stock. Bank of America began coverage on OSI Systems in a research report on Monday, September 30th. They set a "buy" rating and a $175.00 price target on the stock. Roth Mkm boosted their target price on OSI Systems from $172.00 to $178.00 and gave the stock a "buy" rating in a report on Friday, August 23rd. Finally, B. Riley boosted their target price on OSI Systems from $165.00 to $180.00 and gave the stock a "buy" rating in a report on Friday, August 23rd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $172.60.

OSI Systems Stock Down 2.4 %

OSI Systems stock traded down $3.29 during mid-day trading on Friday, hitting $134.36. The company had a trading volume of 388,156 shares, compared to its average volume of 119,025. The company has a current ratio of 1.49, a quick ratio of 1.00 and a debt-to-equity ratio of 0.15. The stock's 50 day moving average price is $145.19 and its two-hundred day moving average price is $141.43. OSI Systems, Inc. has a 12 month low of $103.04 and a 12 month high of $158.69. The company has a market capitalization of $2.29 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The technology company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.19. OSI Systems had a return on equity of 17.80% and a net margin of 8.33%. The firm had revenue of $344.01 million during the quarter, compared to analysts' expectations of $318.66 million. During the same quarter in the previous year, the business earned $0.91 earnings per share. The company's revenue was up 23.2% on a year-over-year basis. As a group, sell-side analysts anticipate that OSI Systems, Inc. will post 8.98 earnings per share for the current fiscal year.

Insider Transactions at OSI Systems

In other news, CEO Deepak Chopra sold 20,000 shares of the business's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $144.92, for a total value of $2,898,400.00. Following the completion of the transaction, the chief executive officer now owns 459,033 shares in the company, valued at $66,523,062.36. The trade was a 0.00 % 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. In related news, insider Paul Keith Morben sold 1,107 shares of the company's stock in a transaction on Friday, September 13th. The stock was sold at an average price of $145.04, for a total transaction of $160,559.28. Following the completion of the sale, the insider now owns 10,077 shares in the company, valued at approximately $1,461,568.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Deepak Chopra sold 20,000 shares of the company's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $144.92, for a total value of $2,898,400.00. Following the sale, the chief executive officer now owns 459,033 shares of the company's stock, valued at approximately $66,523,062.36. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,107 shares of company stock worth $3,474,189 over the last quarter. 5.60% of the stock is currently owned by insiders.

OSI Systems Company 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.