OSI Systems, Inc. $OSIS Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC increased its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 244.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,676 shares of the technology company’s stock after buying an additional 10,411 shares during the quarter. Moran Wealth Management LLC owned about 0.09% of OSI Systems worth $3,897,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Inspire Investing LLC raised its holdings in shares of OSI Systems by 6.3% during the 1st quarter. Inspire Investing LLC now owns 1,933 shares of the technology company’s stock worth $513,000 after acquiring an additional 115 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of OSI Systems by 8.4% in the first quarter. Pictet Asset Management Holding SA now owns 2,541 shares of the technology company’s stock valued at $675,000 after purchasing an additional 196 shares during the period. GHP Investment Advisors Inc. grew its holdings in shares of OSI Systems by 0.7% in the first quarter. GHP Investment Advisors Inc. now owns 33,209 shares of the technology company’s stock valued at $8,817,000 after purchasing an additional 247 shares during the period. Louisiana State Employees Retirement System acquired a new stake in OSI Systems during the first quarter worth about $1,832,000. Finally, Hsbc Holdings PLC acquired a new stake in OSI Systems during the fourth quarter worth about $578,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on OSIS. Roth Mkm restated a “buy” rating and set a $310.00 price target on shares of OSI Systems in a report on Tuesday, May 5th. Weiss Ratings cut OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Finally, Citigroup lowered their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research report 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.00.

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 that occurred on 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 sale, the director owned 253,044 shares of the company’s stock, valued at $71,317,920.96. The trade was a 7.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by insiders.

OSI Systems Stock Performance

Shares of OSIS stock opened at $221.76 on Monday. OSI Systems, Inc. has a 1-year low of $197.27 and a 1-year high of $311.72. The firm has a market cap of $3.65 billion, a PE ratio of 25.32, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20. The company has a 50-day moving average of $227.20 and a two-hundred day moving average of $259.66. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42.

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

OSI Systems 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.