OSI Systems, Inc. (NASDAQ:OSIS) Shares Bought by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. raised its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 13.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 29,293 shares of the technology company’s stock after buying an additional 3,519 shares during the period. Stanley Laman Group Ltd.’s holdings in OSI Systems were worth $4,905,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Janus Henderson Group PLC raised its stake in OSI Systems by 2.5% in the third quarter. Janus Henderson Group PLC now owns 1,209,168 shares of the technology company’s stock valued at $183,589,000 after buying an additional 29,858 shares in the last quarter. State Street Corp grew its holdings in shares of OSI Systems by 0.9% during the third quarter. State Street Corp now owns 727,690 shares of the technology company’s stock worth $110,485,000 after purchasing an additional 6,514 shares during the last quarter. FMR LLC grew its holdings in shares of OSI Systems by 4,891.4% during the third quarter. FMR LLC now owns 644,396 shares of the technology company’s stock worth $97,839,000 after purchasing an additional 631,486 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of OSI Systems by 1.5% during the third quarter. Geode Capital Management LLC now owns 380,092 shares of the technology company’s stock worth $57,720,000 after purchasing an additional 5,718 shares during the last quarter. Finally, Primecap Management Co. CA grew its holdings in shares of OSI Systems by 4.9% during the third quarter. Primecap Management Co. CA now owns 294,500 shares of the technology company’s stock worth $44,714,000 after purchasing an additional 13,880 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at OSI Systems

In other news, Director Gerald M. Chizever sold 2,701 shares of OSI Systems stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the sale, the director now directly owns 5,000 shares in the company, valued at approximately $979,150. This trade represents a 35.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul Keith Morben sold 155 shares of OSI Systems stock in a transaction that occurred 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 sale, the insider now 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,447 shares of company stock worth $5,519,962 over the last 90 days. Company insiders own 5.20% of the company’s stock.

OSI Systems Stock Performance

NASDAQ OSIS opened at $208.91 on Thursday. The company has a quick ratio of 1.25, a current ratio of 1.88 and a debt-to-equity ratio of 0.56. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $212.00. The business’s 50-day moving average price is $179.67 and its 200 day moving average price is $158.68. The firm has a market cap of $3.51 billion, a P/E ratio of 26.89, a P/E/G ratio of 1.74 and a beta of 1.19.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates 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 research analysts expect that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Wells Fargo & Company raised their price objective on OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. B. Riley raised their price objective on OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com raised OSI Systems from a “sell” rating to a “hold” rating in a report on Tuesday, December 10th. Oppenheimer raised their price target on OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Roth Mkm raised their price target on OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, OSI Systems currently has a consensus 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.