OSI Systems, Inc. (NASDAQ:OSIS) Insider Manoocher M. Aliabadi Sells 1,728 Shares of Stock

OSI Systems, Inc. (NASDAQ:OSIS) insider Manoocher M. Aliabadi sold 1,728 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $180.39, for a total transaction of $311,713.92. Following the sale, the insider now owns 80,603 shares in the company, valued at $14,539,975.17. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

OSI Systems Trading Up 0.7 %

NASDAQ OSIS opened at $181.34 on Friday. OSI Systems, Inc. has a 12 month low of $120.42 and a 12 month high of $183.22. The company has a 50-day moving average of $152.39 and a 200-day moving average of $145.67. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.84 and a quick ratio of 1.20. The company has a market cap of $3.03 billion, a P/E ratio of 23.67, a P/E/G ratio of 1.56 and a beta of 1.18.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, October 24th. The technology company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.19. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The company had revenue of $344.01 million during the quarter, compared to the consensus estimate of $318.66 million. During the same quarter in the prior year, the company posted $0.91 EPS. The company’s quarterly revenue was up 23.2% compared to the same quarter last year. As a group, equities analysts predict that OSI Systems, Inc. will post 9.13 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. grew its holdings in shares of OSI Systems by 3.5% during the 3rd quarter. Franklin Resources Inc. now owns 9,560 shares of the technology company’s stock worth $1,429,000 after purchasing an additional 324 shares during the period. World Investment Advisors LLC purchased a new stake in shares of OSI Systems during the 3rd quarter worth about $16,713,000. Hohimer Wealth Management LLC purchased a new stake in shares of OSI Systems during the 3rd quarter worth about $264,000. Geode Capital Management LLC grew its holdings in shares of OSI Systems by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 380,092 shares of the technology company’s stock worth $57,720,000 after purchasing an additional 5,718 shares during the period. Finally, Barclays PLC grew its holdings in shares of OSI Systems by 252.3% during the 3rd quarter. Barclays PLC now owns 35,519 shares of the technology company’s stock worth $5,392,000 after purchasing an additional 25,437 shares during the period. Institutional investors and hedge funds own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

OSIS has been the topic of several research analyst reports. Wells Fargo & Company boosted their target price on shares of OSI Systems from $170.00 to $172.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. B. Riley lifted their price target on OSI Systems from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Bank of America began coverage on OSI Systems in a research note on Monday, September 30th. They set a “buy” rating and a $175.00 price target for the company. StockNews.com raised OSI Systems from a “sell” rating to a “hold” rating in a research note on Saturday, November 30th. Finally, Roth Mkm lifted their price target on OSI Systems from $172.00 to $178.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, OSI Systems has a consensus rating of “Moderate Buy” and a consensus price target of $173.00.

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.