OSI Systems, Inc. (NASDAQ:OSIS) Director Sells $296,320.00 in Stock

OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) Director Gerald M. Chizever sold 2,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $148.16, for a total transaction of $296,320.00. Following the completion of the sale, the director now owns 7,701 shares in the company, valued at $1,140,980.16. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

OSI Systems Stock Performance

OSIS stock traded down $0.61 on Tuesday, reaching $153.15. 319,566 shares of the company were exchanged, compared to its average volume of 123,116. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.84 and a quick ratio of 1.20. OSI Systems, Inc. has a 12 month low of $110.38 and a 12 month high of $158.69. The firm has a market capitalization of $2.56 billion, a PE ratio of 20.27, a PEG ratio of 1.41 and a beta of 1.10. The stock's fifty day moving average price is $143.45 and its 200 day moving average price is $141.65.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The technology company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.19. The firm had revenue of $344.01 million for the quarter, compared to analyst estimates of $318.66 million. OSI Systems had a return on equity of 18.17% and a net margin of 8.31%. The company's revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 earnings per share. On average, research analysts anticipate that OSI Systems, Inc. will post 9.12 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Roth Mkm upped their target price on OSI Systems from $172.00 to $178.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. Wells Fargo & Company boosted their target price on OSI Systems from $170.00 to $172.00 and gave the company an "overweight" rating in a research report on Tuesday, October 29th. B. Riley raised their target price on OSI Systems from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Friday, August 23rd. Finally, Bank of America initiated coverage on shares of OSI Systems in a research report on Monday, September 30th. They issued a "buy" rating and a $175.00 price objective on the stock. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $173.00.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Quest Partners LLC bought a new position in OSI Systems during the second quarter valued at approximately $40,000. Cape Investment Advisory Inc. bought a new position in OSI Systems during the 1st quarter worth approximately $63,000. Covestor Ltd grew its holdings in shares of OSI Systems by 48,000.0% in the first quarter. Covestor Ltd now owns 481 shares of the technology company's stock worth $69,000 after acquiring an additional 480 shares during the period. Innealta Capital LLC bought a new position in shares of OSI Systems during the second quarter valued at approximately $82,000. Finally, International Assets Investment Management LLC grew its position in OSI Systems by 15,075.0% during the 3rd 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. 89.21% of the stock is currently owned by institutional investors and hedge funds.

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.