Gerald M. Chizever Sells 2,701 Shares of OSI Systems, Inc. (NASDAQ:OSIS) Stock

OSI Systems, Inc. (NASDAQ:OSIS) Director Gerald M. Chizever sold 2,701 shares of the firm’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the sale, the director now owns 5,000 shares of the company’s stock, valued at $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

OSI Systems Price Performance

OSIS stock opened at $196.45 on Wednesday. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 25.65, a PEG ratio of 1.44 and a beta of 1.19. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.20 and a current ratio of 1.84. The firm has a 50 day moving average price of $172.80 and a 200-day moving average price of $154.54. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $200.14.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. Equities research analysts forecast that OSI Systems, Inc. will post 9.13 EPS for the current fiscal year.

Institutional Investors Weigh In On OSI Systems

Several institutional investors and hedge funds have recently made changes to their positions in OSIS. Richardson Financial Services Inc. grew its position in OSI Systems by 65.6% in the 4th quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the period. International Assets Investment Management LLC grew its position in OSI Systems by 15,075.0% in the 3rd quarter. International Assets Investment Management LLC now owns 607 shares of the technology company’s stock worth $92,000 after purchasing an additional 603 shares during the period. KBC Group NV grew its position in OSI Systems by 37.1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after purchasing an additional 189 shares during the period. nVerses Capital LLC bought a new stake in OSI Systems in the 3rd quarter worth approximately $182,000. Finally, Longboard Asset Management LP bought a new stake in OSI Systems in the 4th quarter worth approximately $202,000. Institutional investors own 89.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on OSIS. StockNews.com upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a report on Tuesday, December 10th. B. Riley raised their price objective on shares of OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Oppenheimer raised their price objective on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Wells Fargo & Company lifted their target price on shares of OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Finally, Roth Mkm lifted their target price on shares of OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, OSI Systems currently has a consensus rating of “Moderate Buy” and an average price target of $209.40.

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.