Steven C. Good Sells 1,250 Shares of OSI Systems, Inc. (NASDAQ:OSIS) Stock

OSI Systems, Inc. (NASDAQ:OSIS) Director Steven C. Good sold 1,250 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $77.50, for a total value of $96,875.00. Following the transaction, the director now directly owns 16,544 shares of the company’s stock, valued at $1,282,160. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

OSIS opened at $79.11 on Wednesday. The stock has a market cap of $1.43 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.66 and a beta of 0.90. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.87 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $76.06 and its 200 day simple moving average is $73.21. OSI Systems, Inc. has a 1-year low of $49.96 and a 1-year high of $107.03.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, August 20th. The technology company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.12. The business had revenue of $277.00 million for the quarter, compared to analysts’ expectations of $285.13 million. OSI Systems had a return on equity of 15.39% and a net margin of 6.45%. The company’s revenue was down 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.15 EPS. Research analysts expect that OSI Systems, Inc. will post 4.67 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in OSIS. Marshall Wace North America L.P. acquired a new stake in OSI Systems during the 1st quarter valued at $35,000. Advisor Group Holdings Inc. acquired a new stake in shares of OSI Systems during the first quarter worth $49,000. Point72 Hong Kong Ltd acquired a new stake in shares of OSI Systems during the second quarter worth $50,000. Mutual of America Capital Management LLC boosted its holdings in shares of OSI Systems by 25.2% during the first quarter. Mutual of America Capital Management LLC now owns 755 shares of the technology company’s stock worth $52,000 after purchasing an additional 152 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of OSI Systems by 80.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,673 shares of the technology company’s stock worth $115,000 after purchasing an additional 746 shares during the last quarter. Hedge funds and other institutional investors own 92.57% of the company’s stock.

Several research firms have recently issued reports on OSIS. B. Riley lowered their price objective on OSI Systems from $97.00 to $94.00 in a research report on Friday, August 21st. BidaskClub raised OSI Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Zacks Investment Research downgraded OSI Systems from a “hold” rating to a “sell” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. OSI Systems currently has a consensus rating of “Hold” and a consensus target price of $90.33.

About OSI Systems

OSI Systems, Inc designs, manufactures, and sells electronic systems and components worldwide. The company's Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names.

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