OSI Systems (NASDAQ:OSIS) Sees Large Volume Increase – Still a Buy?

OSI Systems, Inc. (NASDAQ:OSIS) shares saw unusually-high trading volume on Tuesday . Approximately 595,740 shares traded hands during mid-day trading, an increase of 182% from the previous session’s volume of 211,155 shares.The stock last traded at $264.87 and had previously closed at $267.03.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on OSIS shares. B. Riley upped their price target on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Bank of America increased their price target on shares of OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. upped their target price on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Oppenheimer upped their target price on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Finally, Roth Capital reaffirmed a “buy” rating and set a $280.00 price target on shares of OSI Systems in a research note on Wednesday, October 29th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $263.57.

OSI Systems Trading Down 2.4%

The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 29.85, a P/E/G ratio of 2.13 and a beta of 1.33. The business’s fifty day simple moving average is $252.37 and its 200 day simple moving average is $234.53. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The firm had revenue of $384.62 million during the quarter, compared to the consensus estimate of $372.03 million. During the same period in the prior year, the business earned $1.25 EPS. The firm’s revenue was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, research analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Activity at OSI Systems

In related news, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $283.15, for a total transaction of $424,725.00. Following the transaction, the director directly owned 5,036 shares of the company’s stock, valued at $1,425,943.40. The trade was a 22.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the sale, the chairman owned 292,969 shares of the company’s stock, valued at $83,712,962.06. The trade was a 6.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 43,587 shares of company stock valued at $11,567,257 over the last 90 days. 4.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC acquired a new position in OSI Systems in the 3rd quarter worth about $32,000. Bessemer Group Inc. lifted its position in shares of OSI Systems by 78.7% during the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after purchasing an additional 59 shares during the last quarter. National Bank of Canada FI increased its position in OSI Systems by 118.2% during the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock worth $28,000 after acquiring an additional 78 shares during the period. Richardson Financial Services Inc. grew its holdings in shares of OSI Systems by 58.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock worth $36,000 after purchasing an additional 53 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new position in OSI Systems in the first quarter worth about $43,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Company Profile

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.