Supplemental Annuity Collective Trust of NJ Cuts Position in OSI Systems, Inc. (NASDAQ:OSIS)

Supplemental Annuity Collective Trust of NJ reduced its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 37.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,000 shares of the technology company’s stock after selling 3,000 shares during the period. Supplemental Annuity Collective Trust of NJ’s holdings in OSI Systems were worth $645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Yousif Capital Management LLC raised its holdings in OSI Systems by 4.6% during the fourth quarter. Yousif Capital Management LLC now owns 7,976 shares of the technology company’s stock worth $1,029,000 after purchasing an additional 350 shares during the last quarter. Wedge Capital Management L L P NC grew its stake in OSI Systems by 4.5% in the 4th quarter. Wedge Capital Management L L P NC now owns 40,223 shares of the technology company’s stock valued at $5,191,000 after acquiring an additional 1,731 shares during the last quarter. Calamos Advisors LLC acquired a new stake in shares of OSI Systems in the fourth quarter valued at approximately $762,000. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of OSI Systems by 22.2% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 7,700 shares of the technology company’s stock valued at $994,000 after buying an additional 1,400 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of OSI Systems by 25.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,844 shares of the technology company’s stock valued at $496,000 after acquiring an additional 782 shares during the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on OSIS. StockNews.com raised shares of OSI Systems from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. Roth Mkm boosted their price objective on shares of OSI Systems from $169.00 to $172.00 and gave the company a “buy” rating in a research note on Friday.

OSI Systems Trading Up 0.5 %

Shares of OSI Systems stock traded up $0.67 during trading hours on Friday, hitting $134.82. The company’s stock had a trading volume of 103,502 shares, compared to its average volume of 93,558. The business has a fifty day moving average of $135.67 and a 200 day moving average of $127.30. OSI Systems, Inc. has a 1-year low of $102.02 and a 1-year high of $144.11. The company has a quick ratio of 0.80, a current ratio of 1.43 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $2.30 billion, a PE ratio of 20.28, a P/E/G ratio of 1.58 and a beta of 0.98.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, April 25th. The technology company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.05. The firm had revenue of $405.41 million during the quarter, compared to analysts’ expectations of $401.99 million. OSI Systems had a return on equity of 17.35% and a net margin of 8.31%. OSI Systems’s quarterly revenue was up 33.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.49 EPS. As a group, equities analysts forecast that OSI Systems, Inc. will post 8.03 EPS for the current year.

Insider Buying and Selling at OSI Systems

In related news, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total value of $2,582,200.00. Following the completion of the sale, the chief executive officer now directly owns 468,615 shares of the company’s stock, valued at $60,502,882.65. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $129.11, for a total transaction of $2,582,200.00. Following the completion of the sale, the chief executive officer now owns 468,615 shares in the company, valued at $60,502,882.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Victor S. Sze sold 15,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $130.21, for a total transaction of $1,953,150.00. Following the completion of the transaction, the general counsel now owns 63,116 shares in the company, valued at $8,218,334.36. The disclosure for this sale can be found here. Insiders have sold a total of 50,000 shares of company stock valued at $6,503,650 in the last three months. Corporate insiders own 5.60% of the company’s stock.

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.