XTX Topco Ltd bought a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,203 shares of the technology company's stock, valued at approximately $486,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Quest Partners LLC purchased a new stake in OSI Systems during the second quarter valued at approximately $40,000. Innealta Capital LLC purchased a new position in OSI Systems during the 2nd quarter worth $82,000. International Assets Investment Management LLC increased its position in OSI Systems by 15,075.0% during the 3rd quarter. International Assets Investment Management LLC now owns 607 shares of the technology company's stock valued at $92,000 after buying an additional 603 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in OSI Systems in the second quarter valued at about $160,000. Finally, nVerses Capital LLC acquired a new stake in OSI Systems in the third quarter worth about $182,000. Institutional investors own 89.21% of the company's stock.
OSI Systems Price Performance
Shares of NASDAQ:OSIS traded down $5.96 during trading on Friday, reaching $181.79. 299,296 shares of the company's stock traded hands, compared to its average volume of 134,710. The company has a quick ratio of 1.20, a current ratio of 1.84 and a debt-to-equity ratio of 0.60. OSI Systems, Inc. has a fifty-two week low of $120.42 and a fifty-two week high of $189.13. The company has a 50-day simple moving average of $156.12 and a 200-day simple moving average of $147.21. The firm has a market cap of $3.04 billion, a PE ratio of 23.73, a P/E/G ratio of 1.59 and a beta of 1.18.
OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The technology company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.06 by $0.19. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The company had revenue of $344.01 million during the quarter, compared to analyst estimates of $318.66 million. During the same quarter in the previous year, the firm earned $0.91 EPS. The firm's revenue was up 23.2% compared to the same quarter last year. As a group, analysts predict that OSI Systems, Inc. will post 9.13 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on OSIS. StockNews.com upgraded shares of OSI Systems from a "sell" rating to a "hold" rating in a report on Tuesday, December 10th. B. Riley lifted their target price on OSI Systems from $165.00 to $180.00 and gave the stock a "buy" rating in a report on Friday, August 23rd. Roth Mkm upped their price objective on shares of OSI Systems from $172.00 to $178.00 and gave the company a "buy" rating in a report on Friday, August 23rd. Wells Fargo & Company raised their target price on shares of OSI Systems from $172.00 to $202.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Bank of America initiated coverage on shares of OSI Systems in a report on Monday, September 30th. They issued a "buy" rating and a $175.00 price target on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $179.00.
View Our Latest Stock Report on OSIS
Insider Buying and Selling at OSI Systems
In related news, CEO Deepak Chopra sold 20,000 shares of the company's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $144.92, for a total value of $2,898,400.00. Following the completion of the sale, the chief executive officer now owns 459,033 shares of the company's stock, valued at approximately $66,523,062.36. This represents a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Manoocher M. Aliabadi sold 2,509 shares of the business's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $180.02, for a total transaction of $451,670.18. Following the completion of the transaction, the insider now owns 78,094 shares in the company, valued at $14,058,481.88. The trade was a 3.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 63,591 shares of company stock valued at $10,456,145 over the last quarter. 5.20% of the stock is currently owned by insiders.
About OSI Systems
(
Free Report)
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.
Featured Articles
Before you consider OSI Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OSI Systems wasn't on the list.
While OSI Systems currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
