OSI Systems (NASDAQ:OSIS) Chairman Deepak Chopra Sells 20,000 Shares

OSI Systems, Inc. (NASDAQ:OSIS) Chairman Deepak Chopra sold 20,000 shares of OSI Systems stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $285.74, for a total value of $5,714,800.00. Following the sale, the chairman owned 292,969 shares in the company, valued at $83,712,962.06. This represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Deepak Chopra also recently made the following trade(s):

• On Wednesday, October 1st, Deepak Chopra sold 20,000 shares of OSI Systems stock. The stock was sold at an average price of $245.80, for a total transaction of $4,916,000.00.

OSI Systems Stock Performance

OSIS traded down $3.48 during trading hours on Wednesday, hitting $283.48. The company’s stock had a trading volume of 232,305 shares, compared to its average volume of 208,279. The company has a 50-day simple moving average of $249.05 and a 200 day simple moving average of $232.68. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $4.81 billion, a PE ratio of 32.58, a PEG ratio of 2.13 and a beta of 1.33. OSI Systems, Inc. has a fifty-two week low of $149.68 and a fifty-two week high of $292.34.

OSI Systems (NASDAQ:OSIS) last released its earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share (EPS) for the quarter, beating 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 company had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. During the same quarter in the prior year, the company earned $1.25 earnings per share. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, sell-side analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Hedge Funds Weigh In On OSI Systems

A number of institutional investors and hedge funds have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of OSI Systems by 161.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 877,393 shares of the technology company’s stock worth $170,513,000 after purchasing an additional 541,882 shares during the period. Mawer Investment Management Ltd. increased its stake in shares of OSI Systems by 67.0% during the 3rd quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock worth $213,445,000 after purchasing an additional 343,727 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of OSI Systems by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 381,128 shares of the technology company’s stock worth $85,711,000 after purchasing an additional 2,419 shares during the last quarter. Hood River Capital Management LLC raised its holdings in shares of OSI Systems by 1.0% in the 2nd quarter. Hood River Capital Management LLC now owns 377,061 shares of the technology company’s stock worth $84,786,000 after purchasing an additional 3,903 shares during the period. Finally, Clark Capital Management Group Inc. lifted its stake in OSI Systems by 1.9% in the first quarter. Clark Capital Management Group Inc. now owns 369,473 shares of the technology company’s stock valued at $71,803,000 after purchasing an additional 6,761 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on OSIS. JPMorgan Chase & Co. increased their price target on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Bank of America lifted their price objective on OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. B. Riley raised their target price on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $280.00 price objective on shares of OSI Systems in a research note on Wednesday, October 29th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $263.57.

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.