Asset Management One Co. Ltd. Has $8.55 Million Stock Position in OSI Systems, Inc. (NASDAQ:OSIS)

Asset Management One Co. Ltd. reduced its position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,906 shares of the technology company's stock after selling 2,562 shares during the period. Asset Management One Co. Ltd. owned 0.30% of OSI Systems worth $8,551,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of OSIS. Stanley Laman Group Ltd. boosted its stake in OSI Systems by 13.7% during the 4th quarter. Stanley Laman Group Ltd. now owns 29,293 shares of the technology company's stock valued at $4,905,000 after purchasing an additional 3,519 shares during the period. Van ECK Associates Corp boosted its position in shares of OSI Systems by 33.6% in the fourth quarter. Van ECK Associates Corp now owns 108,709 shares of the technology company's stock valued at $18,201,000 after acquiring an additional 27,363 shares during the period. Legato Capital Management LLC grew its stake in shares of OSI Systems by 3.1% in the fourth quarter. Legato Capital Management LLC now owns 14,616 shares of the technology company's stock worth $2,447,000 after acquiring an additional 435 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in OSI Systems by 51.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 40,557 shares of the technology company's stock worth $6,790,000 after acquiring an additional 13,826 shares during the period. Finally, GHP Investment Advisors Inc. raised its stake in OSI Systems by 11.3% during the 4th quarter. GHP Investment Advisors Inc. now owns 29,916 shares of the technology company's stock valued at $5,009,000 after purchasing an additional 3,044 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Roth Mkm raised their price target on shares of OSI Systems from $178.00 to $224.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. B. Riley lifted their target price on OSI Systems from $180.00 to $221.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Oppenheimer upped their price target on OSI Systems from $205.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, January 24th. JPMorgan Chase & Co. began coverage on OSI Systems in a report on Friday. They set a "neutral" rating and a $225.00 price objective on the stock. Finally, Wells Fargo & Company boosted their price objective on OSI Systems from $172.00 to $202.00 and gave the company an "overweight" rating in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $212.00.

OSI Systems Price Performance

Shares of OSIS traded down $12.10 during mid-day trading on Friday, reaching $202.27. The company had a trading volume of 267,063 shares, compared to its average volume of 215,387. 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 company has a market capitalization of $3.40 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.85 and a beta of 1.19. OSI Systems, Inc. has a twelve month low of $126.57 and a twelve month high of $220.00. The company's 50-day moving average is $183.86 and its 200-day moving average is $161.79.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. On average, equities analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Activity at OSI Systems

In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the firm's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.66, for a total transaction of $3,753,200.00. Following the transaction, the chief executive officer now owns 404,323 shares in the company, valued at approximately $75,875,254.18. This trade represents a 4.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Alan I. Edrick sold 2,354 shares of OSI Systems stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $188.42, for a total transaction of $443,540.68. Following the transaction, the chief financial officer now directly owns 312,444 shares in the company, valued at $58,870,698.48. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,447 shares of company stock valued at $5,519,962 over the last quarter. Corporate insiders own 5.20% of the company's stock.

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.