OSI Systems, Inc. (NASDAQ:OSIS) Stock Position Lessened by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. decreased its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 4.9% in the 4th quarter, HoldingsChannel reports. The firm owned 49,906 shares of the technology company’s stock after selling 2,562 shares during the quarter. Asset Management One Co. Ltd.’s holdings in OSI Systems were worth $8,551,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Creative Planning lifted its holdings in shares of OSI Systems by 55.2% in the third quarter. Creative Planning now owns 2,605 shares of the technology company’s stock valued at $396,000 after buying an additional 926 shares during the period. Stanley Laman Group Ltd. lifted its holdings in shares of OSI Systems by 22.8% in the third quarter. Stanley Laman Group Ltd. now owns 25,774 shares of the technology company’s stock valued at $3,913,000 after buying an additional 4,783 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of OSI Systems by 15,075.0% in the third quarter. International Assets Investment Management LLC now owns 607 shares of the technology company’s stock valued at $92,000 after buying an additional 603 shares during the period. Moody Aldrich Partners LLC lifted its holdings in shares of OSI Systems by 10.1% in the third quarter. Moody Aldrich Partners LLC now owns 33,274 shares of the technology company’s stock valued at $5,052,000 after buying an additional 3,053 shares during the period. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of OSI Systems by 71.2% in the third quarter. GHP Investment Advisors Inc. now owns 26,872 shares of the technology company’s stock valued at $4,080,000 after buying an additional 11,173 shares during the period. Institutional investors own 89.21% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on OSIS shares. StockNews.com downgraded OSI Systems from a “hold” rating to a “sell” rating in a report on Monday. Wells Fargo & Company upped their target price on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. B. Riley upped their target price on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a report on Friday, January 24th. Oppenheimer upped their target price on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, Roth Mkm upped their target price on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to MarketBeat, OSI Systems presently has an average rating of “Moderate Buy” and a consensus target price of $209.40.

Insider Activity at OSI Systems

In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.66, for a total transaction of $3,753,200.00. Following the completion of the transaction, the chief executive officer now owns 404,323 shares of the company’s stock, valued at $75,875,254.18. The trade was a 4.71 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Alan I. Edrick sold 2,354 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $188.42, for a total transaction of $443,540.68. Following the transaction, the chief financial officer now directly owns 312,444 shares of the company’s stock, valued at approximately $58,870,698.48. This represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,447 shares of company stock valued at $5,519,962. Insiders own 5.20% of the company’s stock.

OSI Systems Stock Up 0.4 %

OSI Systems stock opened at $211.67 on Tuesday. OSI Systems, Inc. has a twelve month low of $126.57 and a twelve month high of $212.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. The firm has a market cap of $3.56 billion, a PE ratio of 27.24, a P/E/G ratio of 1.74 and a beta of 1.19. The firm’s 50 day moving average price is $181.45 and its two-hundred day moving average price is $160.00.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, research analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

About OSI Systems

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.