OSI Systems, Inc. (NASDAQ:OSIS) Director Gerald M. Chizever Sells 3,000 Shares

OSI Systems, Inc. (NASDAQ:OSIS) Director Gerald M. Chizever sold 3,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $138.41, for a total transaction of $415,230.00. Following the sale, the director now directly owns 3,462 shares in the company, valued at $479,175.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

OSI Systems Price Performance

OSIS stock opened at $145.39 on Friday. The firm has a 50 day simple moving average of $143.93 and a two-hundred day simple moving average of $139.37. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.49 and a quick ratio of 1.00. The stock has a market cap of $2.41 billion, a PE ratio of 20.00, a P/E/G ratio of 1.43 and a beta of 1.08. OSI Systems, Inc. has a one year low of $103.04 and a one year high of $158.69.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, August 22nd. The technology company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.79 by $0.05. OSI Systems had a return on equity of 17.80% and a net margin of 8.33%. The business had revenue of $480.91 million for the quarter, compared to the consensus estimate of $467.24 million. During the same quarter last year, the business posted $2.66 earnings per share. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. On average, analysts predict that OSI Systems, Inc. will post 8.93 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of OSIS. West Paces Advisors Inc. bought a new position in OSI Systems in the 1st quarter worth $28,000. Global Retirement Partners LLC lifted its holdings in OSI Systems by 1,021.1% in the first quarter. Global Retirement Partners LLC now owns 213 shares of the technology company’s stock worth $30,000 after buying an additional 194 shares during the period. Quest Partners LLC bought a new stake in OSI Systems during the 2nd quarter valued at approximately $40,000. Cape Investment Advisory Inc. purchased a new position in shares of OSI Systems during the 1st quarter worth approximately $63,000. Finally, Covestor Ltd raised its position in shares of OSI Systems by 48,000.0% in the 1st quarter. Covestor Ltd now owns 481 shares of the technology company’s stock worth $69,000 after acquiring an additional 480 shares in the last quarter. 89.21% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on OSIS shares. Roth Mkm lifted their price objective on shares of OSI Systems from $172.00 to $178.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. B. Riley upped their price target on OSI Systems from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, August 23rd.

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.