Bridge City Capital LLC lowered its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 23.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,221 shares of the technology company’s stock after selling 6,463 shares during the quarter. OSI Systems comprises approximately 1.6% of Bridge City Capital LLC’s holdings, making the stock its 22nd largest holding. Bridge City Capital LLC’s holdings in OSI Systems were worth $5,413,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Severin Investments LLC increased its position in OSI Systems by 2.6% during the third quarter. Severin Investments LLC now owns 1,884 shares of the technology company’s stock worth $470,000 after acquiring an additional 48 shares during the period. CIBC Private Wealth Group LLC increased its position in OSI Systems by 6.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 815 shares of the technology company’s stock worth $208,000 after acquiring an additional 49 shares during the period. GAMMA Investing LLC increased its position in OSI Systems by 19.6% during the fourth quarter. GAMMA Investing LLC now owns 330 shares of the technology company’s stock worth $84,000 after acquiring an additional 54 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in OSI Systems by 12.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 508 shares of the technology company’s stock worth $130,000 after acquiring an additional 56 shares during the period. Finally, Assetmark Inc. increased its position in OSI Systems by 10.8% during the fourth quarter. Assetmark Inc. now owns 741 shares of the technology company’s stock worth $189,000 after acquiring an additional 72 shares during the period. Institutional investors own 89.21% of the company’s stock.
Insiders Place Their Bets
In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of OSI Systems stock in a transaction on Monday, May 4th. The shares were sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the sale, the director owned 253,044 shares in the company, valued at $71,317,920.96. The trade was a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is owned by corporate insiders.
OSI Systems Stock Down 2.4%
OSI Systems (NASDAQ:OSIS – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.07. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The firm had revenue of $453.25 million for the quarter, compared to the consensus estimate of $449.23 million. During the same quarter in the previous year, the company earned $2.44 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, analysts anticipate that OSI Systems, Inc. will post 10.4 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on OSIS. Weiss Ratings lowered shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Citigroup decreased their price target on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, Roth Mkm reiterated a “buy” rating and set a $310.00 price target on shares of OSI Systems in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, OSI Systems currently has an average rating of “Moderate Buy” and a consensus price target of $294.00.
View Our Latest Stock Report on OSI Systems
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.
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