First Eagle Investment Management LLC Sells 4,300 Shares of OSI Systems, Inc. $OSIS

First Eagle Investment Management LLC lowered its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 13.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,564 shares of the technology company’s stock after selling 4,300 shares during the period. First Eagle Investment Management LLC’s holdings in OSI Systems were worth $6,775,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Severin Investments LLC lifted its holdings in shares of OSI Systems by 2.6% in the 3rd quarter. Severin Investments LLC now owns 1,884 shares of the technology company’s stock worth $470,000 after purchasing an additional 48 shares in the last quarter. Richardson Financial Services Inc. grew its position in OSI Systems by 58.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock valued at $36,000 after purchasing an additional 53 shares during the period. GAMMA Investing LLC increased its stake in OSI Systems by 19.6% during the 4th quarter. GAMMA Investing LLC now owns 330 shares of the technology company’s stock valued at $84,000 after purchasing an additional 54 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in OSI Systems by 12.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 508 shares of the technology company’s stock worth $130,000 after buying an additional 56 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of OSI Systems by 28.6% in the third quarter. Nisa Investment Advisors LLC now owns 256 shares of the technology company’s stock valued at $64,000 after buying an additional 57 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

Insiders Place Their Bets

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the completion of the transaction, the director directly owned 253,044 shares of the company’s stock, valued at approximately $71,317,920.96. This represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Weiss Ratings cut shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Roth Mkm restated a “buy” rating and issued a $310.00 target price on shares of OSI Systems in a report on Tuesday, May 5th. JPMorgan Chase & Co. raised their price target on shares of OSI Systems from $255.00 to $262.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. B. Riley Financial boosted their price objective on OSI Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Finally, Citigroup started coverage on OSI Systems in a report on Wednesday, April 15th. They set a “buy” rating and a $345.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, OSI Systems has an average rating of “Moderate Buy” and an average price target of $303.43.

OSI Systems Stock Performance

OSIS stock opened at $227.41 on Wednesday. The firm has a market cap of $3.75 billion, a PE ratio of 25.96, a P/E/G ratio of 1.90 and a beta of 1.31. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. The business has a 50 day moving average of $277.43 and a 200-day moving average of $272.72. OSI Systems, Inc. has a 12-month low of $204.00 and a 12-month high of $311.72.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 EPS for the quarter, beating the consensus estimate of $2.53 by $0.07. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The business had revenue of $453.25 million for the quarter, compared to the consensus estimate of $449.23 million. During the same quarter in the prior year, the business earned $2.44 earnings per share. OSI Systems’s revenue for the quarter was up 2.0% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. As a group, sell-side analysts expect that OSI Systems, Inc. will post 10.4 earnings per share for the current year.

OSI Systems Profile

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.