OSI Systems, Inc. $OSIS Shares Sold by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. cut its position in OSI Systems, Inc. (NASDAQ:OSISFree Report) by 14.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,547 shares of the technology company’s stock after selling 2,941 shares during the quarter. Stanley Laman Group Ltd.’s holdings in OSI Systems were worth $4,373,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Bessemer Group Inc. grew its position in shares of 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 buying an additional 59 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in OSI Systems in the third quarter valued at $32,000. USA Financial Formulas acquired a new stake in OSI Systems during the 2nd quarter worth approximately $55,000. GAMMA Investing LLC increased 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 buying an additional 118 shares during the period. Finally, Assetmark Inc. lifted its position in OSI Systems by 45.1% in the second quarter. Assetmark Inc. now owns 415 shares of the technology company’s stock valued at $93,000 after purchasing an additional 129 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on OSIS shares. Bank of America upped their target price on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. UBS Group set a $292.00 price objective on OSI Systems in a report on Monday, December 1st. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Oppenheimer raised their target price on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, October 3rd. Finally, Roth Capital upped their price objective on shares of OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research report on Monday, December 1st. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, OSI Systems has an average rating of “Moderate Buy” and an average price target of $268.63.

Check Out Our Latest Research Report on OSIS

Insider Buying and Selling at OSI Systems

In related news, Director James B. Hawkins sold 1,500 shares of the company’s 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 directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul Keith Morben sold 416 shares of OSI Systems stock in a transaction on Friday, November 7th. The shares were sold at an average price of $279.10, for a total transaction 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 trade represents a 4.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 21,916 shares of company stock valued at $6,255,631 in the last three months. 4.30% of the stock is currently owned by company insiders.

OSI Systems Stock Performance

Shares of NASDAQ OSIS opened at $255.58 on Monday. 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 $4.34 billion, a PE ratio of 28.94, a P/E/G ratio of 2.12 and a beta of 1.35. The stock has a 50 day simple moving average of $265.79 and a 200-day simple moving average of $243.36. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 0.46.

OSI Systems (NASDAQ:OSISGet Free Report) last announced its 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 return on equity of 18.25% and a net margin of 8.68%.The firm 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 company earned $1.25 earnings per share. The firm’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, equities research analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.

About OSI Systems

(Free Report)

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.

See Also

Want to see what other hedge funds are holding OSIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OSI Systems, Inc. (NASDAQ:OSISFree Report).

Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.