Clearbridge Investments LLC Sells 59,499 Shares of OSI Systems, Inc. $OSIS

Clearbridge Investments LLC decreased its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 24.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 185,146 shares of the technology company’s stock after selling 59,499 shares during the quarter. Clearbridge Investments LLC owned 1.12% of OSI Systems worth $47,223,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Danske Bank A S bought a new stake in OSI Systems in the third quarter valued at about $25,000. Private Trust Co. NA increased its stake in OSI Systems by 179.5% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the technology company’s stock valued at $31,000 after acquiring an additional 79 shares during the period. First Horizon Corp bought a new stake in OSI Systems in the fourth quarter valued at about $45,000. GAMMA Investing LLC increased its stake in OSI Systems by 19.6% in the fourth quarter. GAMMA Investing LLC now owns 330 shares of the technology company’s stock valued at $84,000 after acquiring an additional 54 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in OSI Systems by 44.8% in the fourth quarter. Farther Finance Advisors LLC now owns 359 shares of the technology company’s stock valued at $92,000 after acquiring an additional 111 shares during the period. Institutional investors own 89.21% of the company’s stock.

Wall Street Analysts Forecast Growth

OSIS has been the topic of a number of analyst reports. Weiss Ratings cut shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Roth Mkm reissued a “buy” rating and issued a $310.00 target price on shares of OSI Systems in a research note on Tuesday, May 5th. Finally, Citigroup lowered their target price on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Six 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, OSI Systems currently has an average rating of “Moderate Buy” and an average target price of $294.00.

Insider Buying and Selling

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $281.84, for a total value of $5,636,800.00. Following the transaction, the director directly owned 253,044 shares in the company, valued at $71,317,920.96. The trade was a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by company insiders.

OSI Systems Price Performance

NASDAQ:OSIS opened at $215.39 on Wednesday. The firm has a market cap of $3.55 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 1.73 and a beta of 1.21. OSI Systems, Inc. has a 12 month low of $197.27 and a 12 month high of $311.72. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. The company’s 50-day moving average price is $251.40 and its two-hundred day moving average price is $265.19.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.07. The firm had revenue of $453.25 million for the quarter, compared to analyst estimates of $449.23 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.44 earnings per share. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, equities analysts anticipate that OSI Systems, Inc. will post 10.4 EPS for the current fiscal year.

OSI Systems Company Profile

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.