OSI Systems, Inc. (NASDAQ:OSIS) Insider Paul Keith Morben Sells 155 Shares of Stock

OSI Systems, Inc. (NASDAQ:OSIS) insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the completion of the sale, the insider now directly owns 10,077 shares of the company’s stock, valued at $2,008,950.72. The trade was a 1.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

OSI Systems Stock Up 0.1 %

OSIS stock opened at $196.44 on Friday. The stock has a market capitalization of $3.30 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 1.66 and a beta of 1.19. The company has a fifty day moving average of $175.03 and a 200-day moving average of $155.50. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. OSI Systems, Inc. has a one year low of $126.57 and a one year high of $201.42.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. As a group, analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company increased their price objective on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. 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 research report on Friday, January 24th. StockNews.com upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, December 10th. B. Riley increased their target price on shares of OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Finally, Oppenheimer boosted their price target on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. One 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 currently has an average rating of “Moderate Buy” and an average price target of $209.40.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Richardson Financial Services Inc. grew its stake in shares of OSI Systems by 65.6% during the 4th 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. International Assets Investment Management LLC boosted its holdings in OSI Systems by 15,075.0% during the third quarter. International Assets Investment Management LLC now owns 607 shares of the technology company’s stock worth $92,000 after buying an additional 603 shares in the last quarter. KBC Group NV grew its position in OSI Systems by 37.1% during the fourth quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after buying an additional 189 shares during the period. Global Retirement Partners LLC increased its holdings in OSI Systems by 80.1% in the fourth quarter. Global Retirement Partners LLC now owns 861 shares of the technology company’s stock valued at $144,000 after buying an additional 383 shares in the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of OSI Systems during the 3rd quarter valued at approximately $182,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

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.