Css LLC Il Has $1.27 Million Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Css LLC Il grew its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 322.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,600 shares of the technology company’s stock after buying an additional 5,800 shares during the period. Css LLC Il’s holdings in OSI Systems were worth $1,272,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in OSIS. Voloridge Investment Management LLC increased its holdings in shares of OSI Systems by 61.6% in the fourth quarter. Voloridge Investment Management LLC now owns 10,018 shares of the technology company’s stock valued at $1,677,000 after purchasing an additional 3,820 shares during the last quarter. Two Sigma Investments LP raised its holdings in OSI Systems by 188.2% in the 4th quarter. Two Sigma Investments LP now owns 26,557 shares of the technology company’s stock valued at $4,446,000 after acquiring an additional 17,342 shares during the period. State of Wyoming lifted its position in OSI Systems by 1.9% during the fourth quarter. State of Wyoming now owns 2,698 shares of the technology company’s stock worth $452,000 after acquiring an additional 51 shares during the last quarter. Toronto Dominion Bank bought a new stake in shares of OSI Systems during the fourth quarter worth approximately $308,000. Finally, Systematic Financial Management LP boosted its holdings in shares of OSI Systems by 4.5% during the fourth quarter. Systematic Financial Management LP now owns 276,163 shares of the technology company’s stock worth $46,238,000 after acquiring an additional 11,821 shares during the period. 89.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on OSIS. StockNews.com upgraded OSI Systems from a “sell” rating to a “hold” rating in a research note on Friday, May 16th. Roth Mkm boosted their target price on shares of OSI Systems from $224.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. B. Riley reaffirmed a “buy” rating and set a $255.00 price target (up from $221.00) on shares of OSI Systems in a research report on Friday, May 2nd. Oppenheimer boosted their price objective on shares of OSI Systems from $225.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, May 5th. Finally, Wells Fargo & Company decreased their target price on shares of OSI Systems from $220.00 to $210.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $228.33.

Insiders Place Their Bets

In related news, Director William Francis Ballhaus, Jr. sold 933 shares of the firm’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $219.77, for a total transaction of $205,045.41. Following the completion of the transaction, the director now directly owns 24,805 shares of the company’s stock, valued at $5,451,394.85. This trade represents a 3.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Alan I. Edrick sold 20,000 shares of the stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $229.00, for a total value of $4,580,000.00. Following the completion of the sale, the chief financial officer now directly owns 284,953 shares of the company’s stock, valued at approximately $65,254,237. The trade was a 6.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,621 shares of company stock valued at $9,375,570 in the last 90 days. Corporate insiders own 5.20% of the company’s stock.

OSI Systems Trading Up 0.2%

OSIS opened at $230.13 on Wednesday. The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 29.62, a P/E/G ratio of 1.81 and a beta of 1.28. The company has a quick ratio of 1.25, a current ratio of 1.88 and a debt-to-equity ratio of 0.56. OSI Systems, Inc. has a twelve month low of $129.18 and a twelve month high of $233.80. The company has a 50-day simple moving average of $201.89 and a 200 day simple moving average of $187.11.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, May 1st. The technology company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.38 by $0.06. The company had revenue of $444.35 million during the quarter, compared to the consensus estimate of $436.49 million. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.16 EPS. Analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

OSI Systems 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.