XTX Topco Ltd Purchases New Shares in OSI Systems, Inc. (NASDAQ:OSIS)

XTX Topco Ltd purchased a new position in OSI Systems, Inc. (NASDAQ:OSIS) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,203 shares of the technology company’s stock, valued at approximately $486,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of OSIS. Quest Partners LLC acquired a new position in shares of OSI Systems in the second quarter worth about $40,000. Innealta Capital LLC purchased a new stake in shares of OSI Systems in the 2nd quarter valued at approximately $82,000. International Assets Investment Management LLC boosted its stake 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. Ashton Thomas Private Wealth LLC purchased a new position in OSI Systems during the 2nd quarter worth approximately $160,000. Finally, nVerses Capital LLC acquired a new stake in OSI Systems during the 3rd quarter valued at $182,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Stock Performance

NASDAQ:OSIS opened at $181.79 on Friday. The firm’s 50-day moving average is $156.12 and its 200-day moving average is $147.16. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 1.59 and a beta of 1.18. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.20 and a current ratio of 1.84. OSI Systems, Inc. has a 52-week low of $120.42 and a 52-week high of $189.13.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on OSIS shares. Wells Fargo & Company lifted their price target on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a report on Wednesday. StockNews.com raised OSI Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, December 10th. B. Riley lifted their price objective on OSI Systems from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Bank of America started coverage on shares of OSI Systems in a research report on Monday, September 30th. They set a “buy” rating and a $175.00 target price on the stock. Finally, Roth Mkm upped 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 equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, OSI Systems has a consensus rating of “Moderate Buy” and a consensus target price of $179.00.

Insider Transactions at OSI Systems

In related news, 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 value of $311,713.92. Following the sale, the insider now owns 80,603 shares of the company’s stock, valued at $14,539,975.17. The trade was a 2.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.66, for a total value of $3,753,200.00. Following the transaction, the chief executive officer now owns 404,323 shares of the company’s stock, valued at $75,875,254.18. This represents a 4.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 63,591 shares of company stock valued at $10,456,145. Company insiders own 5.20% of the company’s stock.

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.