OSI Systems, Inc. (NASDAQ:OSIS) General Counsel Victor S. Sze sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $104.17, for a total transaction of $2,083,400.00. Following the transaction, the general counsel now directly owns 153,404 shares in the company, valued at approximately $15,980,094.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ:OSIS opened at $104.10 on Thursday. OSI Systems, Inc. has a 12 month low of $66.70 and a 12 month high of $105.00. The company has a market capitalization of $1.88 billion, a PE ratio of 28.84, a PEG ratio of 1.96 and a beta of 1.11. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.85 and a current ratio of 1.55.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Tuesday, April 30th. The technology company reported $1.17 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.23. OSI Systems had a net margin of 4.59% and a return on equity of 15.66%. The company had revenue of $304.30 million for the quarter, compared to analyst estimates of $289.15 million. During the same quarter last year, the firm posted $0.86 earnings per share. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Analysts predict that OSI Systems, Inc. will post 4.22 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in OSIS. Connable Office Inc. increased its position in OSI Systems by 2.7% during the first quarter. Connable Office Inc. now owns 4,495 shares of the technology company’s stock worth $394,000 after acquiring an additional 117 shares during the period. Oregon Public Employees Retirement Fund increased its position in OSI Systems by 1.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 6,538 shares of the technology company’s stock worth $573,000 after acquiring an additional 118 shares during the period. Piedmont Investment Advisors Inc. increased its position in OSI Systems by 3.6% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 4,016 shares of the technology company’s stock worth $294,000 after acquiring an additional 141 shares during the period. Advisor Group Inc. increased its position in OSI Systems by 9.9% during the fourth quarter. Advisor Group Inc. now owns 1,706 shares of the technology company’s stock worth $126,000 after acquiring an additional 154 shares during the period. Finally, Mason Street Advisors LLC increased its position in OSI Systems by 2.9% during the first quarter. Mason Street Advisors LLC now owns 5,397 shares of the technology company’s stock worth $473,000 after acquiring an additional 154 shares during the period. 99.66% of the stock is currently owned by institutional investors.

OSIS has been the topic of several recent research reports. Zacks Investment Research raised shares of OSI Systems from a “hold” rating to a “strong-buy” rating and set a $99.00 price objective on the stock in a research report on Tuesday, January 29th. Roth Capital lifted their price target on shares of OSI Systems from $89.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, January 25th. BidaskClub lowered shares of OSI Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. B. Riley lifted their price target on shares of OSI Systems to $98.00 and gave the company a “buy” rating in a research report on Friday, January 25th. Finally, TheStreet raised shares of OSI Systems from a “c” rating to a “b” rating in a research report on Friday, January 25th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. OSI Systems has a consensus rating of “Buy” and an average target price of $107.00.

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OSI Systems Company Profile

OSI Systems, Inc designs, manufactures, and sells electronic systems and components worldwide. The company's Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names.

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Insider Buying and Selling by Quarter for OSI Systems (NASDAQ:OSIS)

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