Moody Aldrich Partners LLC Sells 884 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Moody Aldrich Partners LLC lessened its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 2.7% during the 4th quarter, Holdings Channel reports. The fund owned 32,390 shares of the technology company’s stock after selling 884 shares during the period. OSI Systems comprises approximately 1.0% of Moody Aldrich Partners LLC’s holdings, making the stock its 28th largest position. Moody Aldrich Partners LLC’s holdings in OSI Systems were worth $5,423,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of OSIS. State Street Corp lifted its position in OSI Systems by 0.9% during the 3rd quarter. State Street Corp now owns 727,690 shares of the technology company’s stock worth $110,485,000 after acquiring an additional 6,514 shares during the period. Park Avenue Securities LLC increased its holdings in shares of OSI Systems by 36.0% during the 4th quarter. Park Avenue Securities LLC now owns 6,275 shares of the technology company’s stock valued at $1,051,000 after purchasing an additional 1,660 shares in the last quarter. Victory Capital Management Inc. grew its holdings in OSI Systems by 25.8% in the third quarter. Victory Capital Management Inc. now owns 123,213 shares of the technology company’s stock valued at $18,707,000 after purchasing an additional 25,262 shares during the period. HighTower Advisors LLC purchased a new stake in OSI Systems during the 3rd quarter worth approximately $443,000. Finally, Citigroup Inc. lifted its stake in shares of OSI Systems by 64.9% in the third quarter. Citigroup Inc. now owns 27,320 shares of the technology company’s stock worth $4,148,000 after buying an additional 10,753 shares in the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on OSIS shares. B. Riley upped their target price on shares of OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Roth Mkm boosted their price objective on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th. StockNews.com upgraded OSI Systems from a “sell” rating to a “hold” rating in a report on Tuesday, December 10th. Wells Fargo & Company increased their price target on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Finally, Oppenheimer upped their target price on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $209.40.

OSI Systems Stock Up 1.5 %

Shares of NASDAQ:OSIS opened at $196.45 on Wednesday. The stock’s fifty day simple moving average is $172.80 and its 200-day simple moving average is $154.54. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $200.14. The company has a market capitalization of $3.28 billion, a P/E ratio of 25.65, a P/E/G ratio of 1.44 and a beta of 1.19. The company has a quick ratio of 1.20, a current ratio of 1.84 and a debt-to-equity ratio of 0.60.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. As a group, equities research analysts forecast that OSI Systems, Inc. will post 9.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Gerald M. Chizever sold 2,701 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the transaction, the director now directly owns 5,000 shares in the company, valued at $979,150. This represents a 35.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Deepak Chopra sold 15,000 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $153.42, for a total value of $2,301,300.00. Following the completion of the transaction, the chief executive officer now directly owns 424,323 shares of the company’s stock, valued at $65,099,634.66. This trade represents a 3.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 46,292 shares of company stock valued at $8,086,682. Corporate insiders own 5.20% of the company’s stock.

OSI Systems Company 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.