GHP Investment Advisors Inc. Purchases 3,044 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

GHP Investment Advisors Inc. boosted its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 11.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,916 shares of the technology company’s stock after buying an additional 3,044 shares during the quarter. GHP Investment Advisors Inc. owned approximately 0.18% of OSI Systems worth $5,009,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in OSIS. Richardson Financial Services Inc. increased its position in OSI Systems by 65.6% in the 4th quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after acquiring an additional 61 shares during the period. International Assets Investment Management LLC increased its holdings in OSI Systems by 15,075.0% in the third quarter. International Assets Investment Management LLC now owns 607 shares of the technology company’s stock valued at $92,000 after purchasing an additional 603 shares during the period. KBC Group NV raised its position in OSI Systems by 37.1% during the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after purchasing an additional 189 shares during the last quarter. nVerses Capital LLC bought a new position in OSI Systems during the 3rd quarter worth $182,000. Finally, Longboard Asset Management LP acquired a new position in OSI Systems during the 4th quarter worth about $202,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Price Performance

Shares of OSIS opened at $206.04 on Friday. The firm has a market cap of $3.46 billion, a PE ratio of 26.52, a price-to-earnings-growth ratio of 1.66 and a beta of 1.19. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $206.08. The business’s 50 day moving average price is $177.35 and its two-hundred day moving average price is $156.98. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, equities analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Transactions at OSI Systems

In related news, insider Manoocher M. Aliabadi sold 1,728 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $180.39, for a total value of $311,713.92. Following the transaction, the insider now directly owns 80,603 shares in the company, valued at $14,539,975.17. This trade represents a 2.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Keith Morben sold 155 shares of OSI Systems stock in a transaction 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 approximately $2,008,950.72. The trade was a 1.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 44,447 shares of company stock valued at $7,821,262 in the last 90 days. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

OSIS has been the subject of several recent research reports. B. Riley increased their price target on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Wells Fargo & Company increased their target price on shares of OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. StockNews.com upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. Oppenheimer increased their price objective on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Roth Mkm lifted their target price 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $209.40.

OSI Systems Profile

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.