OSI Systems, Inc. (NASDAQ:OSIS) Stock Position Lowered by Quadrature Capital Ltd

Quadrature Capital Ltd lessened its position in OSI Systems, Inc. (NASDAQ:OSISFree Report) by 46.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,658 shares of the technology company’s stock after selling 9,964 shares during the period. Quadrature Capital Ltd’s holdings in OSI Systems were worth $1,504,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quest Partners LLC bought a new stake in shares of OSI Systems in the 4th quarter worth $53,000. Parkside Financial Bank & Trust raised its stake in shares of OSI Systems by 27.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock worth $50,000 after buying an additional 90 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of OSI Systems by 3,585.7% in the 4th quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock worth $67,000 after buying an additional 502 shares in the last quarter. Lido Advisors LLC bought a new stake in shares of OSI Systems in the 3rd quarter worth $216,000. Finally, MQS Management LLC bought a new stake in shares of OSI Systems in the 3rd quarter worth $234,000. Institutional investors own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Oppenheimer lifted their target price on OSI Systems from $157.00 to $160.00 and gave the stock an “outperform” rating in a report on Monday, April 29th. StockNews.com cut OSI Systems from a “buy” rating to a “hold” rating in a report on Saturday, April 27th. Finally, Roth Mkm lifted their target price on OSI Systems from $169.00 to $172.00 and gave the stock a “buy” rating in a report on Friday, April 26th.

Check Out Our Latest Stock Analysis on OSIS

Insider Activity

In other news, Director Meyer/ Luskin sold 6,755 shares of OSI Systems stock in a transaction on Monday, April 29th. The stock was sold at an average price of $134.36, for a total transaction of $907,601.80. Following the transaction, the director now owns 20,883 shares in the company, valued at $2,805,839.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Deepak Chopra sold 40,000 shares of OSI Systems stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $139.75, for a total transaction of $5,590,000.00. Following the completion of the sale, the chief executive officer now owns 428,615 shares of the company’s stock, valued at $59,898,946.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Meyer/ Luskin sold 6,755 shares of OSI Systems stock in a transaction on Monday, April 29th. The shares were sold at an average price of $134.36, for a total value of $907,601.80. Following the sale, the director now directly owns 20,883 shares of the company’s stock, valued at approximately $2,805,839.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 98,605 shares of company stock worth $13,917,322. 5.60% of the stock is owned by corporate insiders.

OSI Systems Stock Performance

Shares of NASDAQ OSIS opened at $137.54 on Tuesday. OSI Systems, Inc. has a 52-week low of $103.04 and a 52-week high of $145.24. The company has a quick ratio of 0.89, a current ratio of 1.47 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 1.56 and a beta of 1.11. The stock’s fifty day simple moving average is $138.10 and its 200 day simple moving average is $132.80.

OSI Systems (NASDAQ:OSISGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The technology company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.05. OSI Systems had a return on equity of 18.10% and a net margin of 8.56%. The business had revenue of $405.41 million for the quarter, compared to the consensus estimate of $401.99 million. During the same quarter in the previous year, the company posted $1.49 earnings per share. OSI Systems’s revenue for the quarter was up 33.8% compared to the same quarter last year. As a group, sell-side analysts forecast that OSI Systems, Inc. will post 8.09 earnings per share for the current fiscal year.

OSI Systems Profile

(Free Report)

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.

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

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