OSI Systems, Inc. $OSIS is Bryce Point Capital LLC’s 7th Largest Position

Bryce Point Capital LLC lifted its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 16.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,549 shares of the technology company’s stock after buying an additional 636 shares during the quarter. OSI Systems makes up 0.9% of Bryce Point Capital LLC’s holdings, making the stock its 7th largest holding. Bryce Point Capital LLC’s holdings in OSI Systems were worth $1,023,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Principal Financial Group Inc. raised its position in OSI Systems by 21.0% in the 1st quarter. Principal Financial Group Inc. now owns 98,072 shares of the technology company’s stock worth $19,059,000 after buying an additional 17,018 shares during the last quarter. World Investment Advisors purchased a new position in OSI Systems in the 1st quarter worth about $365,000. Crossmark Global Holdings Inc. purchased a new position in OSI Systems in the 1st quarter worth about $274,000. Brown Advisory Inc. raised its position in OSI Systems by 2.3% in the 1st quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company’s stock worth $54,180,000 after buying an additional 6,332 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in OSI Systems by 139.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock worth $38,000 after buying an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Bank of America boosted their target price on OSI Systems from $250.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. B. Riley boosted their target price on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Oppenheimer boosted their target price on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. Seven research 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 stock has a consensus rating of “Moderate Buy” and an average target price of $256.43.

Insider Activity at OSI Systems

In related news, Chairman Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total value of $4,916,000.00. Following the completion of the sale, the chairman directly owned 312,969 shares of the company’s stock, valued at approximately $76,927,780.20. This represents a 6.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Paul Keith Morben sold 1,671 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the completion of the sale, the insider directly owned 8,749 shares of the company’s stock, valued at $2,071,413.24. This represents a 16.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.30% of the company’s stock.

OSI Systems Price Performance

NASDAQ OSIS opened at $281.10 on Tuesday. OSI Systems, Inc. has a 52 week low of $131.34 and a 52 week high of $282.59. The firm has a market capitalization of $4.77 billion, a P/E ratio of 32.31, a PEG ratio of 2.13 and a beta of 1.32. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The company has a 50-day moving average price of $242.74 and a 200-day moving average price of $228.95.

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

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.