Victor S. Sze Sells 15,000 Shares of OSI Systems, Inc. (NASDAQ:OSIS) Stock

OSI Systems, Inc. (NASDAQ:OSISGet Free Report) General Counsel Victor S. Sze sold 15,000 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the transaction, the general counsel now owns 78,116 shares of the company’s stock, valued at approximately $10,250,381.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

OSI Systems Stock Performance

OSI Systems stock opened at $128.03 on Thursday. The firm has a 50 day simple moving average of $126.19 and a 200-day simple moving average of $121.34. OSI Systems, Inc. has a 1-year low of $89.72 and a 1-year high of $139.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.43 and a quick ratio of 0.80. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 1.47 and a beta of 1.03.

OSI Systems (NASDAQ:OSISGet Free Report) last posted its quarterly earnings results on Thursday, January 25th. The technology company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.47. OSI Systems had a net margin of 8.31% and a return on equity of 17.35%. The business had revenue of $373.20 million during the quarter, compared to analysts’ expectations of $364.29 million. During the same quarter in the prior year, the company posted $1.19 EPS. The business’s revenue for the quarter was up 26.3% on a year-over-year basis. On average, analysts expect that OSI Systems, Inc. will post 8.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Roth Mkm upped their price target on shares of OSI Systems from $165.00 to $169.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. StockNews.com assumed coverage on shares of OSI Systems in a report on Thursday, October 5th. They issued a “buy” rating for the company.

Read Our Latest Stock Analysis on OSIS

Institutional Trading of OSI Systems

Hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP purchased a new position in shares of OSI Systems during the 2nd quarter worth approximately $25,000. Altshuler Shaham Ltd acquired a new stake in OSI Systems during the 2nd quarter worth approximately $26,000. West Tower Group LLC acquired a new stake in OSI Systems during the 2nd quarter worth approximately $33,000. Farther Finance Advisors LLC lifted its holdings in OSI Systems by 1,272.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 343 shares of the technology company’s stock worth $40,000 after buying an additional 318 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in OSI Systems during the 2nd quarter worth approximately $44,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

About OSI Systems

(Get Free Report)

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.

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

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