50,000 Shares in OSI Systems, Inc. (NASDAQ:OSIS) Bought by Swedbank AB

Swedbank AB bought a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 50,000 shares of the technology company's stock, valued at approximately $8,372,000. Swedbank AB owned 0.30% of OSI Systems at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in OSIS. International Assets Investment Management LLC increased its stake 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 valued at $92,000 after purchasing an additional 603 shares during the last quarter. KBC Group NV raised its position 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 acquiring an additional 189 shares in the last quarter. nVerses Capital LLC bought a new position in shares of OSI Systems in the 3rd quarter worth about $182,000. Hohimer Wealth Management LLC bought a new position in shares of OSI Systems in the 3rd quarter worth about $264,000. Finally, Truvestments Capital LLC increased its position in OSI Systems by 11.1% in the 3rd quarter. Truvestments Capital LLC now owns 2,159 shares of the technology company's stock valued at $328,000 after buying an additional 216 shares in the last quarter. Institutional investors own 89.21% of the company's stock.

Insider Activity at OSI Systems

In related news, 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 of the company's stock, valued at $1,140,980.16. This represents a 20.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Deepak Chopra sold 15,000 shares of the company's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $153.42, for a total transaction of $2,301,300.00. Following the transaction, the chief executive officer now owns 424,323 shares in the company, valued at $65,099,634.66. The trade was a 3.41 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 46,447 shares of company stock worth $8,117,582. Insiders own 5.20% of the company's stock.

Analysts Set New Price Targets

OSIS has been the subject of a number of recent research reports. Oppenheimer boosted their price objective 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 upped their price objective on OSI Systems from $178.00 to $224.00 and gave the company a "buy" rating in a research note on Friday, January 24th. StockNews.com upgraded OSI Systems from a "sell" rating to a "hold" rating in a research report on Tuesday, December 10th. Wells Fargo & Company upped their price target on shares of OSI Systems from $172.00 to $202.00 and gave the stock an "overweight" rating in a report on Wednesday, December 11th. Finally, B. Riley upped their price target on shares of OSI Systems from $180.00 to $221.00 and gave the stock a "buy" rating in a report on Friday, January 24th. 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $209.40.

OSI Systems Stock Performance

Shares of OSI Systems stock traded up $4.58 on Wednesday, hitting $203.99. 224,774 shares of the company's stock were exchanged, compared to its average volume of 226,077. 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 1 year low of $126.57 and a 1 year high of $205.79. The company has a 50-day simple moving average of $176.76 and a 200-day simple moving average of $156.65. The stock has a market capitalization of $3.43 billion, a PE ratio of 26.25, a PEG ratio of 1.66 and a beta of 1.19.

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

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.