Louisiana State Employees Retirement System purchased a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,900 shares of the technology company’s stock, valued at approximately $1,832,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hsbc Holdings PLC acquired a new position in OSI Systems during the 4th quarter worth $578,000. Rockefeller Capital Management L.P. increased its stake in shares of OSI Systems by 44.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 980 shares of the technology company’s stock valued at $250,000 after buying an additional 302 shares during the period. World Investment Advisors bought a new stake in shares of OSI Systems during the fourth quarter worth $318,000. Caitong International Asset Management Co. Ltd raised its position in shares of OSI Systems by 249.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 269 shares of the technology company’s stock worth $69,000 after acquiring an additional 192 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of OSI Systems during the fourth quarter worth $32,000. Institutional investors and hedge funds own 89.21% of the company’s stock.
Insider Transactions at OSI Systems
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 stock was sold at an average price of $281.84, for a total value of $5,636,800.00. Following the completion of the transaction, the director directly owned 253,044 shares of the company’s stock, valued at approximately $71,317,920.96. The trade was a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.30% of the company’s stock.
OSI Systems Trading Up 2.6%
OSI Systems (NASDAQ:OSIS – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.07. The company had revenue of $453.25 million during 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 firm’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.44 EPS. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Equities research analysts predict that OSI Systems, Inc. will post 10.4 EPS for the current year.
Analyst Ratings Changes
OSIS has been the topic of several recent research reports. Roth Mkm reiterated a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a report on Tuesday, May 5th. Citigroup dropped their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Finally, Weiss Ratings downgraded shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Six equities 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $294.00.
Check Out Our Latest Research Report on OSIS
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.
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