Clark Capital Management Group Inc. lifted its position in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 2.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 266,114 shares of the technology company’s stock after buying an additional 6,663 shares during the quarter. Clark Capital Management Group Inc. owned about 1.62% of OSI Systems worth $67,875,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of OSIS. William Blair Investment Management LLC acquired a new stake in shares of OSI Systems during the fourth quarter worth $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of OSI Systems during the third quarter worth $40,222,000. UBS Group AG lifted its holdings in shares of OSI Systems by 63.8% during the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after buying an additional 123,212 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of OSI Systems during the second quarter worth $13,576,000. Finally, Axiom Investors LLC DE lifted its holdings in shares of OSI Systems by 107.4% during the fourth quarter. Axiom Investors LLC DE now owns 66,808 shares of the technology company’s stock worth $17,040,000 after buying an additional 34,601 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on OSIS shares. Roth Mkm reissued a “buy” rating and set a $310.00 target price on shares of OSI Systems in a report on Tuesday, May 5th. Weiss Ratings downgraded OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Finally, Citigroup decreased their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $294.00.
OSI Systems Stock Down 0.4%
Shares of NASDAQ OSIS opened at $220.70 on Wednesday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.42 and a current ratio of 3.25. OSI Systems, Inc. has a 52 week low of $197.27 and a 52 week high of $311.72. The stock has a market capitalization of $3.64 billion, a P/E ratio of 25.19, a PEG ratio of 1.82 and a beta of 1.21. The stock’s fifty day moving average is $247.13 and its 200 day moving average is $264.03.
OSI Systems (NASDAQ:OSIS – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.07. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The company had revenue of $453.25 million for the quarter, compared to analysts’ expectations of $449.23 million. During the same quarter last year, the business earned $2.44 earnings per share. OSI Systems’s revenue was up 2.0% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Sell-side analysts forecast that OSI Systems, Inc. will post 10.4 earnings per share for the current fiscal year.
Insider Activity at OSI Systems
In related news, Director Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $281.84, for a total value of $5,636,800.00. Following the transaction, the director owned 253,044 shares in the company, valued at approximately $71,317,920.96. This trade represents a 7.32% 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.30% of the company’s stock.
OSI Systems 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.
Further Reading
- Five stocks we like better than OSI Systems
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.
