OSI Systems (NASDAQ:OSIS) Sees Strong Trading Volume – What’s Next?

Shares of OSI Systems, Inc. (NASDAQ:OSIS) saw strong trading volume on Tuesday . 595,740 shares traded hands during mid-day trading, an increase of 182% from the previous session’s volume of 211,155 shares.The stock last traded at $264.87 and had previously closed at $267.03.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. JPMorgan Chase & Co. raised their price objective on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Roth Capital reiterated a “buy” rating and issued a $280.00 target price on shares of OSI Systems in a research note on Wednesday, October 29th. Bank of America increased their price objective on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, B. Riley increased their price target on OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $263.57.

OSI Systems Price Performance

The company has a market capitalization of $4.42 billion, a PE ratio of 29.85, a price-to-earnings-growth ratio of 2.13 and a beta of 1.33. The firm’s 50 day simple moving average is $252.37 and its 200 day simple moving average is $234.53. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.05. The firm had revenue of $384.62 million for the quarter, compared to the consensus estimate of $372.03 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, research analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other OSI Systems news, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $283.15, for a total transaction of $424,725.00. Following the completion of the sale, the director owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. The trade was a 22.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Paul Keith Morben sold 1,671 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the completion of the transaction, the insider owned 8,749 shares in the company, valued at approximately $2,071,413.24. This trade represents a 16.04% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 43,587 shares of company stock worth $11,567,257. 4.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Informed Momentum Co LLC acquired a new position in OSI Systems during the first quarter worth $4,752,000. TradeLink Capital LLC purchased a new position in OSI Systems in the 1st quarter valued at approximately $445,000. Primecap Management Co. CA boosted its holdings in OSI Systems by 12.3% in the first quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company’s stock valued at $64,974,000 after purchasing an additional 36,620 shares during the period. Blair William & Co. IL purchased a new stake in shares of OSI Systems during the second quarter worth approximately $651,000. Finally, Envestnet Asset Management Inc. increased its position in shares of OSI Systems by 5.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 89,334 shares of the technology company’s stock valued at $20,088,000 after purchasing an additional 4,990 shares during the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

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.