OSI Systems (NASDAQ:OSIS) Chairman Deepak Chopra Sells 20,000 Shares

OSI Systems, Inc. (NASDAQ:OSIS) Chairman Deepak Chopra sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total transaction of $4,916,000.00. Following the completion of the transaction, the chairman directly owned 312,969 shares in the company, valued at $76,927,780.20. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

OSI Systems Price Performance

Shares of OSIS opened at $251.27 on Friday. The firm has a market capitalization of $4.23 billion, a PE ratio of 28.88, a PEG ratio of 2.15 and a beta of 1.32. The company’s 50-day moving average is $231.72 and its 200-day moving average is $219.48. OSI Systems, Inc. has a fifty-two week low of $129.84 and a fifty-two week high of $255.49. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company had revenue of $504.99 million for the quarter, compared to analyst estimates of $497.22 million. During the same period in the prior year, the firm earned $2.84 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. Equities analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.

Institutional Investors Weigh In On OSI Systems

Several hedge funds have recently added to or reduced their stakes in the business. Texas Permanent School Fund Corp boosted its position in OSI Systems by 9.0% during the 2nd quarter. Texas Permanent School Fund Corp now owns 9,761 shares of the technology company’s stock worth $2,195,000 after buying an additional 804 shares during the period. Osaic Holdings Inc. boosted its position in OSI Systems by 418.1% during the 2nd quarter. Osaic Holdings Inc. now owns 32,688 shares of the technology company’s stock worth $7,350,000 after buying an additional 26,379 shares during the period. Cim Investment Management Inc. acquired a new stake in OSI Systems during the 2nd quarter worth approximately $214,000. Public Sector Pension Investment Board boosted its position in OSI Systems by 7.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 53,236 shares of the technology company’s stock worth $11,971,000 after buying an additional 3,657 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in OSI Systems by 987.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,121 shares of the technology company’s stock worth $477,000 after buying an additional 1,926 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on OSIS shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research report on Saturday, September 27th. Bank of America raised their price target on shares of OSI Systems from $250.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. B. Riley raised their price target on shares of OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Oppenheimer raised their price target on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $247.50.

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.