Deepak Chopra Sells 20,000 Shares of OSI Systems (NASDAQ:OSIS) Stock

OSI Systems, Inc. (NASDAQ:OSIS) Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total value of $4,916,000.00. Following the completion of the transaction, the chairman owned 312,969 shares of the company’s stock, valued at $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

OSI Systems Trading Up 1.3%

Shares of OSIS opened at $251.27 on Friday. The stock has a fifty day moving average of $231.72 and a two-hundred day moving average of $219.37. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The company has a market capitalization of $4.23 billion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 2.12 and a beta of 1.32. OSI Systems, Inc. has a fifty-two week low of $129.84 and a fifty-two week high of $255.49.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.05. The company had revenue of $504.99 million during the quarter, compared to the consensus estimate of $497.22 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.OSI Systems’s revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.84 EPS. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. As a group, analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.

Institutional Trading of OSI Systems

Institutional investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its position 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 period. National Bank of Canada FI boosted its position in OSI Systems by 118.2% during the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock worth $28,000 after purchasing an additional 78 shares during the period. Nisa Investment Advisors LLC boosted its position in OSI Systems by 139.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock worth $38,000 after purchasing an additional 113 shares during the period. Virtus Advisers LLC purchased a new stake in OSI Systems during the 1st quarter worth $43,000. Finally, USA Financial Formulas purchased a new stake in OSI Systems during the 2nd quarter worth $55,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. B. Riley boosted their price target on OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Oppenheimer boosted their price target on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a report on Saturday, September 27th. Finally, Bank of America upped their price objective on OSI Systems from $250.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, OSI Systems currently has an average rating of “Moderate Buy” and a consensus target price of $247.50.

About OSI Systems

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.