Bridge City Capital LLC Has $7.62 Million Holdings in OSI Systems, Inc. $OSIS

Bridge City Capital LLC lessened its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 22.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 33,882 shares of the technology company’s stock after selling 9,581 shares during the period. OSI Systems accounts for about 2.1% of Bridge City Capital LLC’s holdings, making the stock its 5th biggest holding. Bridge City Capital LLC’s holdings in OSI Systems were worth $7,619,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Invesco Ltd. increased its position in shares of OSI Systems by 29.6% during the 2nd quarter. Invesco Ltd. now owns 319,258 shares of the technology company’s stock worth $71,788,000 after purchasing an additional 73,004 shares during the last quarter. Trek Financial LLC bought a new position in shares of OSI Systems in the second quarter valued at $4,707,000. Quantbot Technologies LP acquired a new position in OSI Systems during the second quarter worth $2,305,000. Edgestream Partners L.P. bought a new stake in OSI Systems during the second quarter worth $258,000. Finally, Loomis Sayles & Co. L P lifted its stake in OSI Systems by 34.7% in the second quarter. Loomis Sayles & Co. L P now owns 129,311 shares of the technology company’s stock valued at $29,077,000 after acquiring an additional 33,320 shares during the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

OSI Systems Stock Up 2.6%

OSI Systems stock opened at $273.19 on Thursday. The stock has a market cap of $4.64 billion, a P/E ratio of 30.94, a P/E/G ratio of 2.23 and a beta of 1.35. The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 0.46. OSI Systems, Inc. has a twelve month low of $150.84 and a twelve month high of $292.34. The company’s 50-day moving average price is $258.13 and its two-hundred day moving average price is $237.39.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.The company had revenue of $384.62 million during the quarter, compared to analysts’ expectations of $372.03 million. During the same quarter in the previous year, the company posted $1.25 earnings per share. The business’s revenue was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Wall Street Analyst Weigh In

OSIS has been the topic of several recent analyst reports. Bank of America boosted their price objective 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. Roth Capital lifted their price target on OSI Systems from $280.00 to $292.00 and gave the stock a “buy” rating in a report on Monday. Oppenheimer boosted their price target on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. 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. Finally, B. Riley boosted their target price on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $268.63.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, Director James B. Hawkins sold 1,500 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $283.15, for a total transaction of $424,725.00. Following the transaction, the director owned 5,036 shares in the company, valued at $1,425,943.40. This trade represents a 22.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Keith Morben sold 416 shares of OSI Systems stock in a transaction on Friday, November 7th. The stock was sold at an average price of $279.10, for a total value of $116,105.60. Following the sale, the insider directly owned 8,540 shares of the company’s stock, valued at $2,383,514. This represents a 4.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,916 shares of company stock valued at $11,171,631 in the last ninety days. 4.30% of the stock is currently owned by corporate insiders.

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.