Osi Systems Inc. (OSIS)

OSI Systems, Inc. (NASDAQ:OSIS) Shares Sold by Swiss National Bank

Swiss National Bank lowered its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 9.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,500 shares of the technology company’s stock after selling 3,400 shares during the quarter. Swiss National Bank owned about 0.18% of OSI Systems worth $4,065,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently modified their holdings of OSIS. Parkside Financial Bank & Trust increased its stake in OSI Systems by 27.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock valued at $50,000 after purchasing an additional 90 shares in the last quarter. International Assets Investment Management LLC raised its stake in OSI Systems by 3,585.7% in the 4th quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock worth $67,000 after acquiring an additional 502 shares during the last quarter. Lido Advisors LLC acquired a new stake in OSI Systems during the 3rd quarter worth about $216,000. MQS Management LLC purchased a new stake in OSI Systems during the 3rd quarter valued at about $234,000. Finally, QRG Capital Management Inc. acquired a new position in shares of OSI Systems in the third quarter valued at about $298,000. 89.21% of the stock is owned by hedge funds and other institutional investors. OSI Systems Price Performance Shares of NASDAQ OSIS opened at $139.27 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.47 and a quick ratio of 0.89. The firm’s 50 day simple moving average is $136.70 and its 200-day simple moving average is $129.83. OSI Systems, Inc. has a 12 month low of $103.04 and a 12 month high of $144.11. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 19.16, a PEG ratio of 1.57 and a beta of 0.99. OSI Systems (NASDAQ:OSIS – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The technology company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.05. OSI Systems had a net margin of 8.56% and a return on equity of 18.10%. The company had revenue of $405.41 million during the quarter, compared to analysts’ expectations of $401.99 million. During the same quarter in the previous year, the company earned $1.49 earnings per share. The firm’s revenue for the quarter was up 33.8% on a year-over-year basis. Analysts expect that OSI Systems, Inc. will post 8.09 EPS for the current year. Analysts Set New Price Targets A number of equities research analysts recently commented on OSIS shares. Oppenheimer upped their target price on OSI Systems from $157.00 to $160.00 and gave the company an “outperform” rating in a research report on Monday, April 29th. Roth Mkm raised their target price on shares of OSI Systems from $169.00 to $172.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Finally, StockNews.com lowered shares of OSI Systems from a “buy” rating to a “hold” rating in a report on Saturday, April 27th. View Our Latest Research Report on OSIS Insiders Place Their Bets In other news, General Counsel Victor S. Sze sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $130.21, for a total value of $1,953,150.00. Following the completion of the sale, the general counsel now directly owns 63,116 shares in the company, valued at $8,218,334.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, General Counsel Victor S. Sze sold 15,000 shares of OSI Systems stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $130.21, for a total value of $1,953,150.00. Following the sale, the general counsel now owns 63,116 shares in the company, valued at $8,218,334.36. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Deepak Chopra sold 40,000 shares of the business’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $139.75, for a total transaction of $5,590,000.00. Following the sale, the chief executive officer now directly owns 428,615 shares of the company’s stock, valued at approximately $59,898,946.25. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 62,740 shares of company stock worth $8,582,425. 5.60% of the stock is owned by corporate insiders. OSI Systems Profile (Free Report) 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.