KBC Group NV Sells 283 Shares of OSI Systems, Inc. $OSIS

KBC Group NV trimmed its position in OSI Systems, Inc. (NASDAQ:OSIS) by 40.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 416 shares of the technology company’s stock after selling 283 shares during the period. KBC Group NV’s holdings in OSI Systems were worth $94,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Boston Partners boosted its holdings in shares of OSI Systems by 1.9% during the 2nd quarter. Boston Partners now owns 98,252 shares of the technology company’s stock valued at $21,982,000 after buying an additional 1,825 shares in the last quarter. Mawer Investment Management Ltd. lifted its position in OSI Systems by 11.2% during the 2nd quarter. Mawer Investment Management Ltd. now owns 512,656 shares of the technology company’s stock valued at $115,276,000 after acquiring an additional 51,634 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in OSI Systems during the 2nd quarter valued at about $1,193,000. Fox Run Management L.L.C. bought a new stake in OSI Systems during the second quarter worth about $246,000. Finally, Bryce Point Capital LLC grew its holdings in OSI Systems by 16.3% in the second quarter. Bryce Point Capital LLC now owns 4,549 shares of the technology company’s stock worth $1,023,000 after purchasing an additional 636 shares during the period. Institutional investors own 89.21% of the company’s stock.

Insiders Place Their Bets

In other news, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $283.15, for a total value of $424,725.00. Following the completion of the sale, the director directly owned 5,036 shares in the company, valued at $1,425,943.40. The trade was a 22.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the transaction, the chairman directly owned 292,969 shares of the company’s stock, valued at $83,712,962.06. The trade was a 6.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 43,587 shares of company stock valued at $11,567,257. 4.30% of the stock is owned by insiders.

OSI Systems Price Performance

Shares of NASDAQ OSIS opened at $251.10 on Friday. The firm has a market cap of $4.26 billion, a P/E ratio of 28.86, a PEG ratio of 2.13 and a beta of 1.33. OSI Systems, Inc. has a twelve month low of $150.84 and a twelve month high of $292.34. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average of $253.06 and a 200 day moving average of $235.05.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. The business had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, research analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Wall Street Analyst Weigh In

OSIS has been the subject of several recent research reports. B. Riley lifted their target price on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. JPMorgan Chase & Co. raised their price objective on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Oppenheimer lifted their price objective on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Bank of America increased their target price on OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, Roth Capital restated a “buy” rating and set a $280.00 price target on shares of OSI Systems in a report on Wednesday, October 29th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $263.57.

OSI Systems 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.