UBS Group AG Decreases Stake in OSI Systems, Inc. (NASDAQ:OSIS)

UBS Group AG decreased its position in OSI Systems, Inc. (NASDAQ:OSISGet Rating) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 105,618 shares of the technology company’s stock after selling 1,827 shares during the period. UBS Group AG owned 0.63% of OSI Systems worth $8,399,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OSIS. LSV Asset Management increased its stake in shares of OSI Systems by 9.1% during the 4th quarter. LSV Asset Management now owns 142,602 shares of the technology company’s stock worth $11,340,000 after purchasing an additional 11,900 shares during the last quarter. Swiss National Bank increased its stake in shares of OSI Systems by 1.0% during the 4th quarter. Swiss National Bank now owns 38,800 shares of the technology company’s stock worth $3,085,000 after purchasing an additional 400 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of OSI Systems by 3.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 26,300 shares of the technology company’s stock worth $2,091,000 after purchasing an additional 900 shares during the last quarter. Boston Partners purchased a new stake in shares of OSI Systems during the 4th quarter worth approximately $13,959,000. Finally, Arizona State Retirement System increased its stake in shares of OSI Systems by 3.0% during the 4th quarter. Arizona State Retirement System now owns 4,534 shares of the technology company’s stock worth $361,000 after purchasing an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, insider Manoocher M. Aliabadi sold 2,000 shares of the firm’s stock in a transaction on Friday, March 10th. The shares were sold at an average price of $91.46, for a total value of $182,920.00. Following the completion of the transaction, the insider now directly owns 83,349 shares of the company’s stock, valued at approximately $7,623,099.54. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Gerald M. Chizever sold 1,500 shares of OSI Systems stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $117.04, for a total transaction of $175,560.00. Following the completion of the sale, the director now directly owns 6,142 shares of the company’s stock, valued at approximately $718,859.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Manoocher M. Aliabadi sold 2,000 shares of OSI Systems stock in a transaction on Friday, March 10th. The stock was sold at an average price of $91.46, for a total transaction of $182,920.00. Following the sale, the insider now directly owns 83,349 shares of the company’s stock, valued at $7,623,099.54. The disclosure for this sale can be found here. Insiders sold a total of 39,065 shares of company stock valued at $4,536,470 in the last three months. Company insiders own 6.20% of the company’s stock.

OSI Systems Stock Up 1.5 %

OSIS opened at $117.58 on Thursday. The company has a 50 day moving average of $107.23 and a 200 day moving average of $94.98. The company has a market cap of $1.97 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 1.76 and a beta of 0.94. OSI Systems, Inc. has a 12 month low of $69.31 and a 12 month high of $121.04. The company has a current ratio of 1.41, a quick ratio of 0.74 and a debt-to-equity ratio of 0.21.

OSI Systems (NASDAQ:OSISGet Rating) last released its quarterly earnings data on Thursday, April 27th. The technology company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.47 by $0.02. The company had revenue of $302.89 million during the quarter, compared to the consensus estimate of $302.92 million. OSI Systems had a net margin of 6.91% and a return on equity of 14.73%. OSI Systems’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm earned $1.43 EPS. On average, sell-side analysts expect that OSI Systems, Inc. will post 6.1 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. B. Riley raised their price target on shares of OSI Systems from $120.00 to $137.00 in a research note on Friday, April 28th. StockNews.com upgraded shares of OSI Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 12th.

About OSI Systems

(Get Rating)

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.

See Also

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

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