Kennedy Capital Management LLC Purchases 1,436 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Kennedy Capital Management LLC increased its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 3.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,838 shares of the technology company’s stock after purchasing an additional 1,436 shares during the period. Kennedy Capital Management LLC’s holdings in OSI Systems were worth $6,975,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD increased its stake in OSI Systems by 4.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,392 shares of the technology company’s stock worth $2,485,000 after acquiring an additional 697 shares during the last quarter. Truvestments Capital LLC purchased a new stake in OSI Systems during the 1st quarter valued at $236,000. Keeley Teton Advisors LLC raised its holdings in OSI Systems by 12.8% during the 1st quarter. Keeley Teton Advisors LLC now owns 19,061 shares of the technology company’s stock valued at $2,722,000 after buying an additional 2,170 shares during the period. Natixis lifted its position in OSI Systems by 26.5% in the first quarter. Natixis now owns 4,300 shares of the technology company’s stock worth $614,000 after buying an additional 900 shares during the last quarter. Finally, UniSuper Management Pty Ltd purchased a new position in OSI Systems during the first quarter worth $466,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Insider Activity at OSI Systems

In related news, CEO Deepak Chopra sold 40,000 shares of the company’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $139.75, for a total transaction of $5,590,000.00. Following the completion of the sale, the chief executive officer now directly owns 428,615 shares in the company, valued at approximately $59,898,946.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other OSI Systems news, CEO Deepak Chopra sold 40,000 shares of OSI Systems stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $139.75, for a total value of $5,590,000.00. Following the transaction, the chief executive officer now directly owns 428,615 shares of the company’s stock, valued at $59,898,946.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William Francis Ballhaus, Jr. sold 675 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $133.98, for a total value of $90,436.50. Following the sale, the director now owns 25,907 shares of the company’s stock, valued at approximately $3,471,019.86. The disclosure for this sale can be found here. Insiders sold 92,216 shares of company stock worth $13,062,786 over the last three months. 5.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on OSIS shares. Roth Mkm increased their target price on shares of OSI Systems from $169.00 to $172.00 and gave the company a “buy” rating in a research note on Friday, April 26th. StockNews.com lowered shares of OSI Systems from a “buy” rating to a “hold” rating in a research report on Saturday, April 27th. Finally, Oppenheimer boosted their target price on OSI Systems from $157.00 to $160.00 and gave the company an “outperform” rating in a research report on Monday, April 29th.

OSI Systems Trading Down 0.3 %

Shares of OSIS traded down $0.38 during trading hours on Wednesday, reaching $147.38. 5,080 shares of the company traded hands, compared to its average volume of 104,393. OSI Systems, Inc. has a 12-month low of $103.04 and a 12-month high of $153.41. The stock’s fifty day moving average price is $140.76 and its 200 day moving average price is $136.66. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 1.56 and a beta of 1.09. The company has a current ratio of 1.47, a quick ratio of 0.89 and a debt-to-equity ratio of 0.16.

OSI Systems Company 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.