Parkside Financial Bank & Trust Has $129,000 Stock Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Parkside Financial Bank & Trust grew its position in OSI Systems, Inc. (NASDAQ:OSIS) by 36.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 768 shares of the technology company’s stock after purchasing an additional 207 shares during the period. Parkside Financial Bank & Trust’s holdings in OSI Systems were worth $129,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Richardson Financial Services Inc. raised its holdings in OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the period. Orion Portfolio Solutions LLC raised its holdings in OSI Systems by 3.3% in the third quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company’s stock worth $501,000 after purchasing an additional 106 shares during the period. US Bancorp DE raised its holdings in OSI Systems by 4.8% in the third quarter. US Bancorp DE now owns 2,418 shares of the technology company’s stock worth $367,000 after purchasing an additional 111 shares during the period. KBC Group NV raised its holdings in OSI Systems by 37.1% in the fourth quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after purchasing an additional 189 shares during the period. Finally, Truvestments Capital LLC raised its holdings in shares of OSI Systems by 11.1% during the third quarter. Truvestments Capital LLC now owns 2,159 shares of the technology company’s stock worth $328,000 after acquiring an additional 216 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at OSI Systems

In other news, CFO Alan I. Edrick sold 2,354 shares of OSI Systems stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $188.42, for a total value of $443,540.68. Following the completion of the transaction, the chief financial officer now owns 312,444 shares of the company’s stock, valued at $58,870,698.48. This trade represents a 0.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Manoocher M. Aliabadi sold 1,728 shares of OSI Systems stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $180.39, for a total transaction of $311,713.92. Following the completion of the transaction, the insider now directly owns 80,603 shares of the company’s stock, valued at approximately $14,539,975.17. This trade represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,447 shares of company stock worth $5,519,962. Insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

OSIS has been the topic of a number of research analyst reports. Roth Mkm raised their price objective on shares of OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a report on Friday, January 24th. B. Riley raised their price objective on shares of OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com lowered shares of OSI Systems from a “hold” rating to a “sell” rating in a report on Wednesday, February 26th. Wells Fargo & Company raised their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Finally, Oppenheimer raised their price objective on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

OSI Systems Stock Up 1.9 %

Shares of OSIS stock opened at $206.21 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. OSI Systems, Inc. has a 1 year low of $126.57 and a 1 year high of $220.00. The firm’s fifty day moving average price is $186.62 and its two-hundred day moving average price is $164.84. The firm has a market capitalization of $3.46 billion, a P/E ratio of 26.54, a PEG ratio of 1.81 and a beta of 1.19.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, equities 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.