OSI Systems, Inc. $OSIS Stock Position Lowered by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC cut its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 19.1% during the second quarter, HoldingsChannel reports. The fund owned 197,462 shares of the technology company’s stock after selling 46,516 shares during the period. OSI Systems comprises 4.1% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 3rd biggest position. Neumeier Poma Investment Counsel LLC’s holdings in OSI Systems were worth $44,401,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OSIS. Bessemer Group Inc. lifted its stake in shares of OSI Systems by 78.7% in the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock valued at $30,000 after purchasing an additional 59 shares during the last quarter. National Bank of Canada FI raised its holdings in OSI Systems by 118.2% in the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after buying an additional 78 shares during the period. Virtus Advisers LLC acquired a new position in OSI Systems in the first quarter valued at about $43,000. USA Financial Formulas purchased a new position in OSI Systems during the second quarter worth about $55,000. Finally, GAMMA Investing LLC boosted its stake in OSI Systems by 73.8% during the second quarter. GAMMA Investing LLC now owns 278 shares of the technology company’s stock worth $63,000 after buying an additional 118 shares during the period. Institutional investors and hedge funds own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on OSIS shares. Oppenheimer boosted their price target on shares of OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. JPMorgan Chase & Co. boosted their target price 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 restated a “buy” rating and set a $280.00 price target on shares of OSI Systems in a research note on Wednesday, October 29th. B. Riley raised their price target on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $263.57.

Insider Buying and Selling

In other OSI Systems news, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the sale, the chairman owned 292,969 shares in the company, valued at $83,712,962.06. This represents a 6.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Paul Keith Morben sold 1,671 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $236.76, for a total value of $395,625.96. Following the completion of the sale, the insider directly owned 8,749 shares in the company, valued at $2,071,413.24. This represents a 16.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 43,587 shares of company stock valued at $11,567,257 in the last three months. 4.30% of the stock is owned by corporate insiders.

OSI Systems Price Performance

OSI Systems stock opened at $251.26 on Wednesday. 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, Inc. has a 52-week low of $150.24 and a 52-week high of $292.34. The firm has a market cap of $4.27 billion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 2.13 and a beta of 1.33. The company’s 50 day moving average is $252.80 and its two-hundred day moving average is $234.72.

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

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.