Robeco Institutional Asset Management B.V. Has $18.34 Million Stock Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Robeco Institutional Asset Management B.V. lessened its holdings in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 25.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,808 shares of the technology company's stock after selling 41,081 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.73% of OSI Systems worth $18,342,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Quest Partners LLC acquired a new position in shares of OSI Systems in the 2nd quarter valued at $40,000. Cape Investment Advisory Inc. acquired a new stake in shares of OSI Systems in the 1st quarter valued at about $63,000. Covestor Ltd increased its position in OSI Systems by 48,000.0% during the first quarter. Covestor Ltd now owns 481 shares of the technology company's stock worth $69,000 after buying an additional 480 shares during the period. Innealta Capital LLC purchased a new stake in OSI Systems in the second quarter valued at approximately $82,000. Finally, International Assets Investment Management LLC boosted its holdings in shares of OSI Systems by 15,075.0% in the third quarter. International Assets Investment Management LLC now owns 607 shares of the technology company's stock valued at $92,000 after acquiring an additional 603 shares during the period. Hedge funds and other institutional investors own 89.21% of the company's stock.

Insider Transactions at OSI Systems

In other news, insider Paul Keith Morben sold 1,107 shares of OSI Systems stock in a transaction that occurred 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 transaction, the insider now directly owns 10,077 shares in the company, valued at approximately $1,461,568.08. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other OSI Systems news, insider Paul Keith Morben sold 1,107 shares of OSI Systems stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $145.04, for a total value of $160,559.28. Following the completion of the sale, the insider now owns 10,077 shares in the company, valued at $1,461,568.08. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerald M. Chizever sold 3,000 shares of the firm's stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $138.41, for a total value of $415,230.00. Following the completion of the sale, the director now directly owns 3,462 shares in the company, valued at $479,175.42. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 24,107 shares of company stock worth $3,474,189 in the last ninety days. Insiders own 5.20% of the company's stock.

OSI Systems Stock Up 0.1 %

NASDAQ OSIS traded up $0.08 on Thursday, reaching $148.27. The stock had a trading volume of 82,105 shares, compared to its average volume of 121,669. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 19.26, a P/E/G ratio of 1.23 and a beta of 1.10. The business has a 50 day moving average price of $143.34 and a 200 day moving average price of $141.36. The company has a current ratio of 1.84, a quick ratio of 1.20 and a debt-to-equity ratio of 0.60. OSI Systems, Inc. has a 1 year low of $108.15 and a 1 year high of $158.69.

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

Wall Street Analyst Weigh In

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

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.