Cwm LLC Reduces Stock Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Cwm LLC lowered its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 9.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,317 shares of the technology company’s stock after selling 1,104 shares during the period. Cwm LLC owned 0.06% of OSI Systems worth $1,331,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Parkside Financial Bank & Trust lifted its position in shares of OSI Systems by 27.1% during the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock worth $50,000 after acquiring an additional 90 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of OSI Systems by 3,585.7% during the fourth quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock worth $67,000 after acquiring an additional 502 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of OSI Systems by 20.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,062 shares of the technology company’s stock worth $361,000 after acquiring an additional 513 shares in the last quarter. GSA Capital Partners LLP lifted its position in shares of OSI Systems by 10.2% during the third quarter. GSA Capital Partners LLP now owns 8,167 shares of the technology company’s stock worth $964,000 after acquiring an additional 753 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of OSI Systems by 25.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,844 shares of the technology company’s stock worth $496,000 after acquiring an additional 782 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.

OSI Systems Trading Up 0.5 %

OSI Systems stock opened at $134.82 on Friday. The stock has a market cap of $2.30 billion, a P/E ratio of 18.54, a PEG ratio of 1.51 and a beta of 0.98. OSI Systems, Inc. has a fifty-two week low of $102.02 and a fifty-two week high of $144.11. The firm’s fifty day moving average price is $135.68 and its 200-day moving average price is $127.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.80 and a current ratio of 1.47.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, April 25th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.05. The firm had revenue of $405.41 million for the quarter, compared to analysts’ expectations of $401.99 million. OSI Systems had a net margin of 8.56% and a return on equity of 18.10%. The business’s quarterly revenue was up 33.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.49 earnings per share. Equities research analysts forecast that OSI Systems, Inc. will post 8.07 earnings per share for the current fiscal year.

Insider Activity at OSI Systems

In related news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction on Monday, January 29th. The stock was sold at an average price of $131.22, for a total value of $1,968,300.00. Following the transaction, the general counsel now owns 78,116 shares of the company’s stock, valued at $10,250,381.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction on Monday, January 29th. The stock was sold at an average price of $131.22, for a total value of $1,968,300.00. Following the transaction, the general counsel now owns 78,116 shares of the company’s stock, valued at $10,250,381.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $129.11, for a total transaction of $2,582,200.00. Following the sale, the chief executive officer now owns 468,615 shares of the company’s stock, valued at $60,502,882.65. The disclosure for this sale can be found here. Insiders have sold a total of 50,000 shares of company stock valued at $6,503,650 over the last 90 days. 5.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. StockNews.com downgraded OSI Systems from a “buy” rating to a “hold” rating in a research report on Saturday. Roth Mkm upped their price target on shares of OSI Systems from $169.00 to $172.00 and gave the stock a “buy” rating in a report on Friday.

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.