BlackRock Inc. Increases Stock Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

BlackRock Inc. lifted its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Get Rating) by 1.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,286,557 shares of the technology company’s stock after buying an additional 35,807 shares during the quarter. BlackRock Inc. owned about 0.20% of OSI Systems worth $236,829,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Quantbot Technologies LP purchased a new stake in OSI Systems in the second quarter valued at $25,000. Altshuler Shaham Ltd purchased a new position in OSI Systems during the 3rd quarter worth approximately $31,000. Captrust Financial Advisors increased its position in OSI Systems by 305.6% during the first quarter. Captrust Financial Advisors now owns 718 shares of the technology company’s stock worth $61,000 after buying an additional 541 shares during the period. Point72 Hong Kong Ltd lifted its stake in OSI Systems by 924.6% in the third quarter. Point72 Hong Kong Ltd now owns 1,455 shares of the technology company’s stock valued at $105,000 after buying an additional 1,313 shares during the last quarter. Finally, Inspire Investing LLC boosted its holdings in shares of OSI Systems by 15.9% in the third quarter. Inspire Investing LLC now owns 2,859 shares of the technology company’s stock valued at $206,000 after acquiring an additional 392 shares during the period. Institutional investors and hedge funds own 89.01% of the company’s stock.

Insider Buying and Selling

In other OSI Systems news, insider Paul Keith Morben sold 464 shares of the business’s stock in a transaction that occurred on Wednesday, February 8th. The stock was sold at an average price of $94.01, for a total transaction of $43,620.64. Following the transaction, the insider now owns 7,989 shares in the company, valued at approximately $751,045.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, January 31st. The shares were sold at an average price of $92.89, for a total value of $1,857,800.00. Following the completion of the sale, the chief executive officer now owns 510,728 shares in the company, valued at $47,441,523.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul Keith Morben sold 464 shares of the business’s stock in a transaction dated Wednesday, February 8th. The stock was sold at an average price of $94.01, for a total transaction of $43,620.64. Following the sale, the insider now directly owns 7,989 shares in the company, valued at approximately $751,045.89. The disclosure for this sale can be found here. Insiders sold 22,094 shares of company stock valued at $2,056,365 over the last ninety days. Corporate insiders own 6.20% of the company’s stock.

OSI Systems Trading Up 0.2 %

Shares of OSIS stock opened at $91.63 on Tuesday. The company has a market capitalization of $1.54 billion, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 1.37 and a beta of 0.92. The company has a current ratio of 1.43, a quick ratio of 0.75 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average is $91.21 and its two-hundred day moving average is $84.47. OSI Systems, Inc. has a twelve month low of $69.31 and a twelve month high of $103.17.

OSI Systems (NASDAQ:OSIS – Get Rating) last posted its quarterly earnings data on Thursday, January 26th. The technology company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $295.60 million for the quarter, compared to analyst estimates of $297.19 million. OSI Systems had a net margin of 8.74% and a return on equity of 14.99%. OSI Systems’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm posted $1.28 EPS. Equities analysts forecast that OSI Systems, Inc. will post 6.08 EPS for the current year.

Analyst Ratings Changes

OSIS has been the topic of a number of recent research reports. TheStreet raised shares of OSI Systems from a “c+” rating to a “b-” rating in a report on Wednesday, November 16th. StockNews.com raised shares of OSI Systems from a “hold” rating to a “buy” rating in a report on Tuesday, November 15th.

About OSI Systems

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OSI Systems, Inc designs and manufactures specialized electronic systems and components for critical applications. The firm operates through the following segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment provides security inspection systems and related services, and turnkey security screening solutions.