Level Four Advisory Services LLC trimmed its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 6.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,929 shares of the technology company’s stock after selling 513 shares during the quarter. Level Four Advisory Services LLC’s holdings in OSI Systems were worth $1,558,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the business. Bessemer Group Inc. raised its holdings in shares of OSI Systems by 78.7% in the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock valued at $30,000 after acquiring an additional 59 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of OSI Systems by 1.0% in the second quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock worth $1,526,000 after purchasing an additional 65 shares during the last quarter. Yousif Capital Management LLC raised its stake in OSI Systems by 1.3% in the second quarter. Yousif Capital Management LLC now owns 5,827 shares of the technology company’s stock valued at $1,310,000 after purchasing an additional 77 shares in the last quarter. National Bank of Canada FI lifted 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 valued at $28,000 after purchasing an additional 78 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in OSI Systems by 7.0% during the first quarter. Ashton Thomas Private Wealth LLC now owns 1,483 shares of the technology company’s stock valued at $288,000 after purchasing an additional 97 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently commented on OSIS. Roth Capital reissued a “buy” rating and issued a $280.00 price target on shares of OSI Systems in a report on Wednesday, October 29th. JPMorgan Chase & Co. increased their target price on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Bank of America upped their price objective on OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Oppenheimer increased their price objective on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, October 3rd. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $263.57.
OSI Systems Stock Performance
NASDAQ OSIS opened at $270.86 on Friday. The company has a 50-day simple moving average of $256.01 and a two-hundred day simple moving average of $236.54. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. OSI Systems, Inc. has a 12-month low of $150.84 and a 12-month high of $292.34. The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 31.13, a PEG ratio of 2.13 and a beta of 1.33.
OSI Systems (NASDAQ:OSIS – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $372.03 million. During the same quarter in the previous year, the business earned $1.25 earnings per share. The company’s quarterly 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, equities analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.
Insiders Place Their Bets
In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total value of $395,625.96. Following the completion of the sale, the insider owned 8,749 shares in the company, valued at approximately $2,071,413.24. The trade was a 16.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James B. Hawkins sold 1,500 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $283.15, for a total value of $424,725.00. Following the sale, the director directly owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. This trade represents a 22.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 43,587 shares of company stock valued at $11,567,257 in the last ninety days. Company insiders own 4.30% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than OSI Systems
- Where to Find Earnings Call Transcripts
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- How to trade penny stocks: A step-by-step guide
- SoFi Technologies: From Fintech Speculation to Profit Engine
- What Are Treasury Bonds?
- Gold to $5,000? What Bank of America and UBS Have to Say
Want to see what other hedge funds are holding OSIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OSI Systems, Inc. (NASDAQ:OSIS – Free Report).
Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.
