Level Four Advisory Services LLC Cuts Holdings in OSI Systems, Inc. $OSIS

Level Four Advisory Services LLC decreased its position in OSI Systems, Inc. (NASDAQ:OSIS) by 6.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,929 shares of the technology company’s stock after selling 513 shares during the period. Level Four Advisory Services LLC’s holdings in OSI Systems were worth $1,558,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. National Bank of Canada FI grew its holdings in shares of OSI Systems by 118.2% in the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after acquiring an additional 78 shares in the last quarter. Bessemer Group Inc. lifted its holdings in OSI Systems by 78.7% during the second quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after acquiring an additional 59 shares during the period. Virtus Advisers LLC purchased a new position in OSI Systems in the first quarter worth $43,000. USA Financial Formulas bought a new position in OSI Systems in the 2nd quarter valued at $55,000. Finally, GAMMA Investing LLC grew its stake in OSI Systems by 73.8% in the 2nd quarter. GAMMA Investing LLC now owns 278 shares of the technology company’s stock valued at $63,000 after purchasing an additional 118 shares during the period. Institutional investors own 89.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on OSIS shares. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Oppenheimer raised their price objective on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, October 3rd. B. Riley lifted their price objective 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. JPMorgan Chase & Co. increased their target price on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Bank of America raised their price target on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, OSI Systems presently has an average rating of “Moderate Buy” and a consensus price target of $263.57.

Insider Activity at OSI Systems

In other OSI Systems news, Chairman Deepak Chopra sold 20,000 shares of OSI Systems 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 completion of the transaction, the chairman owned 292,969 shares of the company’s stock, valued at $83,712,962.06. The trade was a 6.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Paul Keith Morben sold 416 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $279.10, for a total value of $116,105.60. Following the sale, the insider owned 8,540 shares in the company, valued at approximately $2,383,514. This represents a 4.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 43,587 shares of company stock worth $11,567,257. 4.30% of the stock is owned by company insiders.

OSI Systems Stock Down 0.3%

OSIS opened at $270.86 on Friday. OSI Systems, Inc. has a 12 month low of $150.84 and a 12 month high of $292.34. The company has a market cap of $4.60 billion, a PE ratio of 31.13, a price-to-earnings-growth ratio of 2.13 and a beta of 1.33. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average of $256.01 and a 200 day moving average of $236.54.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $372.03 million. During the same quarter in the previous year, the firm posted $1.25 EPS. The business’s revenue for the quarter 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, sell-side analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

OSI Systems Company Profile

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.