Level Four Advisory Services LLC Has $1.68 Million Stock Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Level Four Advisory Services LLC boosted its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 47.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,016 shares of the technology company’s stock after acquiring an additional 3,239 shares during the quarter. Level Four Advisory Services LLC’s holdings in OSI Systems were worth $1,677,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Citigroup Inc. grew its stake in shares of OSI Systems by 64.9% in the 3rd quarter. Citigroup Inc. now owns 27,320 shares of the technology company’s stock valued at $4,148,000 after purchasing an additional 10,753 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in OSI Systems in the 3rd quarter valued at $354,000. FMR LLC grew its position in OSI Systems by 4,891.4% in the third quarter. FMR LLC now owns 644,396 shares of the technology company’s stock valued at $97,839,000 after acquiring an additional 631,486 shares during the period. BNP Paribas Financial Markets raised its stake in OSI Systems by 44.7% during the third quarter. BNP Paribas Financial Markets now owns 17,710 shares of the technology company’s stock worth $2,689,000 after acquiring an additional 5,468 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its holdings in shares of OSI Systems by 4.6% during the third quarter. Glenmede Trust Co. NA now owns 7,999 shares of the technology company’s stock valued at $1,214,000 after acquiring an additional 354 shares during the period. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Stock Performance

Shares of OSI Systems stock opened at $193.32 on Friday. The firm has a 50 day simple moving average of $196.64 and a 200 day simple moving average of $171.11. OSI Systems, Inc. has a fifty-two week low of $126.57 and a fifty-two week high of $220.00. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. The firm has a market cap of $3.25 billion, a P/E ratio of 24.88, a P/E/G ratio of 1.81 and a beta of 1.20.

OSI Systems (NASDAQ:OSIS) last released its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. Sell-side analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Buying and Selling at OSI Systems

In related news, insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The shares were 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 of the company’s stock, valued at $2,008,950.72. The trade was a 1.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the transaction, the director now directly 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. Corporate insiders own 5.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. B. Riley upped their target price 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. Roth Mkm upped their price objective on shares of OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. initiated coverage on shares of OSI Systems in a research note on Friday, February 21st. They issued a “neutral” rating and a $225.00 target price for the company. Wells Fargo & Company boosted their target price on OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Finally, StockNews.com cut OSI Systems from a “hold” rating to a “sell” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

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.