OSI Systems, Inc. $OSIS Shares Bought by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC boosted its position in OSI Systems, Inc. (NASDAQ:OSIS) by 47.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,155 shares of the technology company’s stock after buying an additional 2,966 shares during the quarter. NorthCrest Asset Manangement LLC owned 0.05% of OSI Systems worth $2,283,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Bessemer Group Inc. increased its holdings in OSI Systems by 78.7% during the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after purchasing an additional 59 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in shares of OSI Systems in the third quarter worth $32,000. Richardson Financial Services Inc. raised its holdings in OSI Systems by 58.2% in the third quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock valued at $36,000 after acquiring an additional 53 shares in the last quarter. USA Financial Formulas bought a new position in OSI Systems during the 2nd quarter valued at $55,000. Finally, GAMMA Investing LLC grew its holdings in OSI Systems by 73.8% during the 2nd quarter. GAMMA Investing LLC now owns 278 shares of the technology company’s stock worth $63,000 after acquiring an additional 118 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Stock Performance

Shares of OSIS stock opened at $291.99 on Tuesday. OSI Systems, Inc. has a 52 week low of $153.40 and a 52 week high of $293.42. The company has a 50-day simple moving average of $268.29 and a 200 day simple moving average of $248.09. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.29 and a current ratio of 1.87. The company has a market capitalization of $4.96 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 2.42 and a beta of 1.35.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.05. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.The firm had revenue of $384.62 million for the quarter, compared to analyst estimates of $372.03 million. During the same period in the prior year, the firm posted $1.25 EPS. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, sell-side analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insiders Place Their Bets

In other OSI Systems news, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $285.74, for a total value of $5,714,800.00. Following the completion of the sale, the chairman owned 292,969 shares of the company’s stock, valued at $83,712,962.06. The trade was a 6.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Paul Keith Morben sold 416 shares of OSI Systems stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $279.10, for a total transaction of $116,105.60. Following the completion of the sale, the insider owned 8,540 shares of the company’s stock, valued at approximately $2,383,514. The trade was a 4.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,916 shares of company stock worth $6,255,631 in the last quarter. 4.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on OSIS. Oppenheimer increased their price target on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. boosted their price objective on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. UBS Group set a $292.00 price objective on OSI Systems in a research note on Monday, December 1st. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Finally, Roth Capital lifted their target price on shares of OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research note on Monday, December 1st. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $268.63.

OSI Systems Company Profile

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.