Robeco Institutional Asset Management B.V. Decreases Position in OSI Systems, Inc. (NASDAQ:OSIS)

Robeco Institutional Asset Management B.V. lowered its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 98.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,198 shares of the technology company's stock after selling 118,610 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in OSI Systems were worth $368,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in OSIS. The Manufacturers Life Insurance Company raised its position in shares of OSI Systems by 4.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,164 shares of the technology company's stock worth $1,260,000 after acquiring an additional 376 shares in the last quarter. Truist Financial Corp bought a new position in OSI Systems during the 2nd quarter valued at approximately $601,000. SG Americas Securities LLC increased its position in OSI Systems by 970.0% during the 3rd quarter. SG Americas Securities LLC now owns 8,624 shares of the technology company's stock valued at $1,309,000 after buying an additional 7,818 shares in the last quarter. Park Avenue Securities LLC increased its position in OSI Systems by 20.9% during the 3rd quarter. Park Avenue Securities LLC now owns 4,615 shares of the technology company's stock valued at $701,000 after buying an additional 799 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its position in OSI Systems by 68.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 6,165 shares of the technology company's stock valued at $936,000 after buying an additional 2,500 shares in the last quarter. Institutional investors own 89.21% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. B. Riley raised their price objective 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 raised OSI Systems from a "sell" rating to a "hold" rating in a research report on Tuesday, December 10th. Oppenheimer lifted their target price on OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Roth Mkm lifted their target price on OSI Systems from $178.00 to $224.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Finally, Wells Fargo & Company lifted their target price on OSI Systems from $172.00 to $202.00 and gave the stock an "overweight" rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, OSI Systems presently has an average rating of "Moderate Buy" and a consensus price target of $209.40.

OSI Systems Stock Performance

Shares of OSIS stock traded up $1.03 on Friday, reaching $207.07. The stock had a trading volume of 279,627 shares, compared to its average volume of 230,907. The stock has a market cap of $3.48 billion, a P/E ratio of 26.65, a price-to-earnings-growth ratio of 1.74 and a beta of 1.19. OSI Systems, Inc. has a 1 year low of $126.57 and a 1 year high of $209.40. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. The company has a 50 day simple moving average of $178.57 and a 200 day simple moving average of $157.73.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (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%. Equities research analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Buying and Selling at OSI Systems

In other news, CEO Deepak Chopra sold 15,000 shares of the company's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $153.42, for a total value of $2,301,300.00. Following the completion of the transaction, the chief executive officer now owns 424,323 shares of the company's stock, valued at $65,099,634.66. This represents a 3.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Paul Keith Morben sold 155 shares of the company's stock in a transaction dated 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 directly owns 10,077 shares of the company's stock, valued at approximately $2,008,950.72. This trade represents a 1.51 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 44,447 shares of company stock valued at $7,821,262. Company 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.