OSI Systems, Inc. (NASDAQ:OSIS) Insider Manoocher M. Aliabadi Sells 1,728 Shares

OSI Systems, Inc. (NASDAQ:OSIS) insider Manoocher M. Aliabadi sold 1,728 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $180.39, for a total value of $311,713.92. Following the transaction, the insider now directly owns 80,603 shares in the company, valued at $14,539,975.17. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

OSI Systems Price Performance

Shares of OSI Systems stock traded up $0.16 during trading on Friday, hitting $180.18. 27,625 shares of the stock traded hands, compared to its average volume of 132,224. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 23.50, a PEG ratio of 1.56 and a beta of 1.18. 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, Inc. has a 52 week low of $120.42 and a 52 week high of $183.22. The firm’s fifty day moving average is $151.67 and its 200-day moving average is $145.39.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, October 24th. The technology company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.19. The business had revenue of $344.01 million during the quarter, compared to analyst estimates of $318.66 million. OSI Systems had a return on equity of 18.17% and a net margin of 8.31%. OSI Systems’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Research analysts expect that OSI Systems, Inc. will post 9.12 EPS for the current fiscal year.

Hedge Funds Weigh In On OSI Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its position in OSI Systems by 4.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,392 shares of the technology company’s stock valued at $2,485,000 after buying an additional 697 shares during the period. Chatham Capital Group Inc. lifted its stake in shares of OSI Systems by 1.4% in the 2nd quarter. Chatham Capital Group Inc. now owns 16,382 shares of the technology company’s stock valued at $2,253,000 after acquiring an additional 225 shares during the last quarter. AlphaMark Advisors LLC purchased a new stake in OSI Systems during the 2nd quarter valued at about $322,000. Stanley Laman Group Ltd. grew its position in OSI Systems by 5.2% during the 2nd quarter. Stanley Laman Group Ltd. now owns 20,991 shares of the technology company’s stock worth $2,887,000 after acquiring an additional 1,046 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in OSI Systems by 1.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 7,900 shares of the technology company’s stock worth $1,086,000 after purchasing an additional 100 shares during the period. Institutional investors own 89.21% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. B. Riley upped their price target on OSI Systems from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Bank of America initiated coverage on OSI Systems in a report on Monday, September 30th. They issued a “buy” rating and a $175.00 target price for the company. StockNews.com upgraded OSI Systems from a “sell” rating to a “hold” rating in a report on Saturday, November 30th. Wells Fargo & Company lifted their price objective on shares of OSI Systems from $170.00 to $172.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Finally, Roth Mkm increased their target price on shares of OSI Systems from $172.00 to $178.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $173.00.

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.