Stanley Laman Group Ltd. Purchases 3,519 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Stanley Laman Group Ltd. increased its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 13.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,293 shares of the technology company's stock after buying an additional 3,519 shares during the quarter. Stanley Laman Group Ltd. owned about 0.18% of OSI Systems worth $4,905,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Richardson Financial Services Inc. raised its position in OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company's stock worth $26,000 after acquiring an additional 61 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of OSI Systems by 15,075.0% in 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 in the last quarter. KBC Group NV raised its holdings in shares of OSI Systems by 37.1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company's stock worth $117,000 after purchasing an additional 189 shares in the last quarter. nVerses Capital LLC acquired a new stake in OSI Systems during the third quarter valued at approximately $182,000. Finally, Longboard Asset Management LP bought a new stake in OSI Systems during the fourth quarter worth approximately $202,000. Institutional investors own 89.21% of the company's stock.

OSI Systems Stock Up 0.4 %

NASDAQ:OSIS traded up $0.91 during trading hours on Monday, hitting $211.67. 84,096 shares of the company's stock traded hands, compared to its average volume of 230,907. The stock's fifty day moving average price is $181.45 and its two-hundred day moving average price is $160.00. The firm has a market cap of $3.56 billion, a P/E ratio of 27.24, a P/E/G ratio of 1.74 and a beta of 1.19. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. OSI Systems, Inc. has a twelve month low of $126.57 and a twelve month high of $212.00.

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

Wall Street Analyst Weigh In

OSIS has been the topic of several research reports. Roth Mkm upped their price target on OSI Systems from $178.00 to $224.00 and gave the company a "buy" rating in a report on Friday, January 24th. Wells Fargo & Company boosted their target price on OSI Systems from $172.00 to $202.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 11th. B. Riley increased their price target on OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Oppenheimer lifted their price target on OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Finally, StockNews.com raised shares of OSI Systems from a "sell" rating to a "hold" rating in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $209.40.

Insiders Place Their Bets

In other news, Director Gerald M. Chizever sold 2,701 shares of OSI Systems stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the sale, the director now directly owns 5,000 shares in the company, valued at $979,150. The trade was a 35.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Keith Morben sold 155 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the completion of the sale, the insider now directly owns 10,077 shares of the company's stock, valued at approximately $2,008,950.72. The trade was a 1.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,447 shares of company stock worth $5,519,962 in the last quarter. 5.20% of the stock is currently owned by corporate 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.