Virtu Financial LLC Takes $521,000 Position in OSI Systems, Inc. (NASDAQ:OSIS)

Virtu Financial LLC acquired a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,113 shares of the technology company’s stock, valued at approximately $521,000.

Other large investors have also added to or reduced their stakes in the company. Richardson Financial Services Inc. increased its position in shares of OSI Systems by 65.6% during the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after buying an additional 61 shares during the period. Truvestments Capital LLC increased its holdings in OSI Systems by 4.9% during the 4th quarter. Truvestments Capital LLC now owns 2,264 shares of the technology company’s stock worth $379,000 after acquiring an additional 105 shares during the period. Orion Portfolio Solutions LLC lifted its stake in OSI Systems by 3.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company’s stock worth $501,000 after purchasing an additional 106 shares in the last quarter. KBC Group NV lifted its stake 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 in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock valued at $46,000 after purchasing an additional 195 shares during the period. Institutional investors own 89.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OSIS. StockNews.com upgraded OSI Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. Roth Mkm raised their price target on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th. Oppenheimer lifted their price target on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. B. Riley upped their price objective on shares of OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, JPMorgan Chase & Co. initiated coverage on shares of OSI Systems in a research report on Friday, February 21st. They set a “neutral” rating and a $225.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, OSI Systems has an average rating of “Moderate Buy” and an average price target of $212.00.

Insider Buying and Selling at OSI Systems

In related news, insider Paul Keith Morben sold 155 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $199.36, for a total transaction of $30,900.80. Following the completion of the sale, the insider now directly owns 10,077 shares in the company, valued at $2,008,950.72. This represents a 1.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gerald M. Chizever sold 2,701 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $195.83, for a total value of $528,936.83. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $979,150. The trade was a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.20% of the company’s stock.

OSI Systems Stock Performance

Shares of NASDAQ OSIS opened at $203.92 on Wednesday. The stock’s 50-day moving average is $194.74 and its 200 day moving average is $170.09. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of 26.24, a P/E/G ratio of 1.81 and a beta of 1.20. OSI Systems, Inc. has a 1-year low of $126.57 and a 1-year high of $220.00. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, sell-side analysts anticipate 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.