OSI Systems, Inc. (NASDAQ:OSIS) Director Gerald M. Chizever Sells 2,701 Shares of Stock

OSI Systems, Inc. (NASDAQ:OSIS) Director Gerald M. Chizever sold 2,701 shares of OSI Systems stock in a transaction that occurred 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 approximately $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

OSI Systems Stock Down 3.1 %

Shares of OSI Systems stock opened at $193.60 on Tuesday. The stock has a 50-day simple moving average of $171.97 and a 200-day simple moving average of $154.18. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $200.14. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 25.27, a P/E/G ratio of 1.44 and a beta of 1.19. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.84 and a quick ratio of 1.20.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. On average, equities research analysts expect that OSI Systems, Inc. will post 9.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

OSIS has been the subject of a number of recent analyst reports. Bank of America assumed coverage on shares of OSI Systems in a research note on Monday, September 30th. They issued a “buy” rating and a $175.00 price objective for the company. Wells Fargo & Company lifted their price target on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. StockNews.com raised OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. B. Riley raised their price objective on OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Oppenheimer upped their target price on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, OSI Systems currently has a consensus rating of “Moderate Buy” and an average target price of $209.40.

Hedge Funds Weigh In On OSI Systems

Hedge funds have recently bought and sold shares of the business. Richardson Financial Services Inc. increased its holdings 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 valued at $26,000 after acquiring an additional 61 shares during the last quarter. Orion Portfolio Solutions LLC grew its holdings in OSI Systems by 3.3% during the third quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company’s stock valued at $501,000 after purchasing an additional 106 shares during the last quarter. US Bancorp DE raised its position in shares of OSI Systems by 4.8% in the third quarter. US Bancorp DE now owns 2,418 shares of the technology company’s stock valued at $367,000 after purchasing an additional 111 shares during the period. KBC Group NV lifted its stake in shares of 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 buying an additional 189 shares during the last quarter. Finally, Inspire Investing LLC lifted its stake in shares of OSI Systems by 7.9% in the third quarter. Inspire Investing LLC now owns 2,741 shares of the technology company’s stock worth $416,000 after buying an additional 200 shares during the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

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.