Trek Financial LLC Takes Position in OSI Systems, Inc. $OSIS

Trek Financial LLC bought a new position in OSI Systems, Inc. (NASDAQ:OSIS) in the 2nd quarter, Holdings Channel reports. The fund bought 20,934 shares of the technology company’s stock, valued at approximately $4,707,000.

Several other large investors have also added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of OSI Systems in the second quarter worth approximately $2,305,000. Edgestream Partners L.P. bought a new position in OSI Systems in the 2nd quarter worth $258,000. Loomis Sayles & Co. L P increased its stake in OSI Systems by 34.7% in the 2nd quarter. Loomis Sayles & Co. L P now owns 129,311 shares of the technology company’s stock worth $29,077,000 after buying an additional 33,320 shares in the last quarter. Norges Bank bought a new stake in OSI Systems during the second quarter valued at about $3,024,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of OSI Systems by 21,766.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,312 shares of the technology company’s stock valued at $295,000 after acquiring an additional 1,306 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Wall Street Analysts Forecast Growth

OSIS has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Roth Capital lifted their price objective on shares of OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research report on Monday. B. Riley upped their target price on shares of OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Bank of America lifted their price target on shares of OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, UBS Group set a $292.00 price objective on shares of OSI Systems in a report on Monday. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $268.63.

OSI Systems Stock Performance

OSI Systems stock opened at $266.17 on Wednesday. The company’s 50-day moving average price is $257.22 and its 200-day moving average price is $237.14. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The company has a market cap of $4.52 billion, a PE ratio of 30.59, a price-to-earnings-growth ratio of 2.13 and a beta of 1.35. OSI Systems, Inc. has a twelve month low of $150.84 and a twelve month high of $292.34.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.37 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The company had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. During the same quarter last year, the business posted $1.25 earnings per share. The firm’s revenue 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, equities research analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Insider Transactions at OSI Systems

In related news, Director James B. Hawkins sold 1,500 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $283.15, for a total value of $424,725.00. Following the completion of the sale, the director directly owned 5,036 shares in the company, valued at $1,425,943.40. This trade represents a 22.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul Keith Morben sold 1,671 shares of OSI Systems stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the transaction, the insider directly owned 8,749 shares of the company’s stock, valued at $2,071,413.24. The trade was a 16.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 43,587 shares of company stock worth $11,567,257. 4.30% of the stock is currently owned by company insiders.

OSI Systems Company 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.