OSI Systems, Inc. (NASDAQ:OSIS) Holdings Raised by Aristides Capital LLC

Aristides Capital LLC raised its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 12.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,469 shares of the technology company’s stock after purchasing an additional 1,350 shares during the period. Aristides Capital LLC’s holdings in OSI Systems were worth $2,088,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. State Street Corp grew its stake in OSI Systems by 0.9% in the third quarter. State Street Corp now owns 727,690 shares of the technology company’s stock valued at $110,485,000 after purchasing an additional 6,514 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of OSI Systems by 36.0% during the 4th quarter. Park Avenue Securities LLC now owns 6,275 shares of the technology company’s stock valued at $1,051,000 after buying an additional 1,660 shares during the last quarter. HighTower Advisors LLC bought a new stake in shares of OSI Systems in the 3rd quarter valued at approximately $443,000. BNP Paribas Financial Markets increased its holdings in OSI Systems by 44.7% in the third quarter. BNP Paribas Financial Markets now owns 17,710 shares of the technology company’s stock worth $2,689,000 after buying an additional 5,468 shares during the last quarter. Finally, Barclays PLC raised its position in OSI Systems by 252.3% during the third quarter. Barclays PLC now owns 35,519 shares of the technology company’s stock valued at $5,392,000 after acquiring an additional 25,437 shares in the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OSIS has been the subject of several recent research reports. Oppenheimer boosted their target price on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. B. Riley upped their price objective on shares of OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company raised their target price on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. initiated coverage on OSI Systems in a research note on Friday, February 21st. They set a “neutral” rating and a $225.00 price target for the company. Finally, Roth Mkm raised their price objective on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, OSI Systems presently has an average rating of “Moderate Buy” and a consensus target price of $212.00.

OSI Systems Stock Down 3.2 %

OSIS stock opened at $174.46 on Friday. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 1.81 and a beta of 1.20. The company has a 50-day moving average of $197.46 and a two-hundred day moving average of $172.68. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $220.00. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. As a group, equities research analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Activity

In other news, Director Gerald M. Chizever sold 2,701 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $979,150. The trade was a 35.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paul Keith Morben sold 155 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the completion of the sale, the insider now owns 10,077 shares of the company’s stock, valued at approximately $2,008,950.72. The trade was a 1.51 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

About OSI Systems

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.