OSI Systems Inc. (NASDAQ:OSIS) shares saw unusually-high trading volume on Friday . Approximately 154,618 shares were traded during trading, an increase of 25% from the previous session’s volume of 123,991 shares.The stock last traded at $61.48 and had previously closed at $61.17.

OSIS has been the topic of a number of research reports. B. Riley reaffirmed a “buy” rating and set a $62.50 target price on shares of OSI Systems in a research report on Thursday, April 28th. Zacks Investment Research raised OSI Systems from a “strong sell” rating to a “buy” rating and set a $62.00 target price on the stock in a research report on Wednesday, June 29th. Roth Capital reaffirmed a “buy” rating on shares of OSI Systems in a research report on Sunday, June 26th. Benchmark Co. raised OSI Systems from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Tuesday, June 21st. Finally, BB&T Corp. raised OSI Systems from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Monday, May 9th. Eight investment analysts have rated the stock with a buy rating, OSI Systems presently has an average rating of “Buy” and an average price target of $75.14.

The company has a market capitalization of $1.16 billion and a price-to-earnings ratio of 29.29. The company’s 50 day moving average price is $58.96 and its 200-day moving average price is $58.03.

Several large investors have modified their holdings of OSIS. Rhumbline Advisers raised its stake in shares of OSI Systems by 2.4% in the fourth quarter. Rhumbline Advisers now owns 31,765 shares of the company’s stock worth $2,816,000 after buying an additional 735 shares in the last quarter. Foresters Investment Management Company Inc. raised its stake in shares of OSI Systems by 0.9% in the fourth quarter. Foresters Investment Management Company Inc. now owns 111,000 shares of the company’s stock worth $9,841,000 after buying an additional 1,000 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of OSI Systems by 4.3% in the fourth quarter. Principal Financial Group Inc. now owns 124,592 shares of the company’s stock worth $11,046,000 after buying an additional 5,144 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of OSI Systems by 19.2% in the fourth quarter. California Public Employees Retirement System now owns 51,000 shares of the company’s stock worth $4,522,000 after buying an additional 8,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of OSI Systems by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 883,571 shares of the company’s stock worth $78,338,000 after buying an additional 39,265 shares in the last quarter.

OSI Systems, Inc is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace. The Company has three operating divisions: Security, Healthcare, and Optoelectronics and Manufacturing.

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