Register Financial Advisors LLC Sells 2,900 Shares of OSI Systems, Inc. $OSIS

Register Financial Advisors LLC trimmed its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 29.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,820 shares of the technology company’s stock after selling 2,900 shares during the quarter. Register Financial Advisors LLC’s holdings in OSI Systems were worth $1,700,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of OSIS. NorthCrest Asset Manangement LLC grew its holdings in shares of OSI Systems by 47.9% in the third quarter. NorthCrest Asset Manangement LLC now owns 9,155 shares of the technology company’s stock worth $2,283,000 after purchasing an additional 2,966 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in OSI Systems in the third quarter worth $113,000. Amalgamated Bank increased its position in OSI Systems by 3.4% during the 3rd quarter. Amalgamated Bank now owns 4,604 shares of the technology company’s stock valued at $1,148,000 after buying an additional 153 shares in the last quarter. Evergreen Capital Management LLC acquired a new position in shares of OSI Systems during the third quarter valued at about $208,000. Finally, Richardson Financial Services Inc. grew its position in OSI Systems by 58.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock worth $36,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 89.21% of the company’s stock.

Insiders Place Their Bets

In other OSI Systems news, insider Paul Keith Morben sold 416 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $279.10, for a total value of $116,105.60. Following the sale, the insider directly owned 8,540 shares of the company’s stock, valued at approximately $2,383,514. This trade represents a 4.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James B. Hawkins sold 1,500 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $283.15, for a total value of $424,725.00. Following the transaction, the director owned 5,036 shares in the company, valued at $1,425,943.40. This trade represents a 22.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 21,916 shares of company stock worth $6,255,631. 4.30% of the stock is owned by corporate insiders.

OSI Systems Trading Down 1.4%

Shares of NASDAQ:OSIS opened at $288.00 on Wednesday. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 0.46. OSI Systems, Inc. has a 12-month low of $153.40 and a 12-month high of $293.42. The business has a 50 day moving average of $268.31 and a two-hundred day moving average of $248.60. The company has a market capitalization of $4.89 billion, a PE ratio of 32.62, a PEG ratio of 2.42 and a beta of 1.35.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on OSIS. Oppenheimer raised their target price on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd. JPMorgan Chase & Co. raised 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. Roth Capital upped their target price on OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research report on Monday, December 1st. UBS Group set a $292.00 price target on shares of OSI Systems in a report on Monday, December 1st. Finally, Bank of America raised their price target on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, OSI Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $268.63.

About OSI Systems

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.