1,500 Shares in OSI Systems, Inc. (NASDAQ:OSIS) Acquired by Bailard Inc.

Bailard Inc. purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,500 shares of the technology company’s stock, valued at approximately $206,000.

Several other hedge funds have also recently bought and sold shares of the stock. West Paces Advisors Inc. bought a new stake in shares of OSI Systems in the 1st quarter worth about $28,000. Global Retirement Partners LLC grew its stake in OSI Systems by 1,021.1% during the first quarter. Global Retirement Partners LLC now owns 213 shares of the technology company’s stock worth $30,000 after buying an additional 194 shares during the last quarter. Quest Partners LLC acquired a new stake in shares of OSI Systems during the fourth quarter worth approximately $53,000. Cape Investment Advisory Inc. acquired a new stake in shares of OSI Systems during the first quarter worth approximately $63,000. Finally, International Assets Investment Management LLC raised its stake in shares of OSI Systems by 3,585.7% in the fourth quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock valued at $67,000 after acquiring an additional 502 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Price Performance

OSIS opened at $146.85 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.47 and a quick ratio of 0.89. The stock has a market capitalization of $2.50 billion, a P/E ratio of 20.20, a price-to-earnings-growth ratio of 1.51 and a beta of 1.09. The company’s 50 day simple moving average is $142.30 and its 200-day simple moving average is $138.55. OSI Systems, Inc. has a one year low of $103.04 and a one year high of $158.69.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, August 22nd. The technology company reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.79 by $0.05. The firm had revenue of $480.91 million for the quarter, compared to analyst estimates of $467.24 million. OSI Systems had a return on equity of 18.10% and a net margin of 8.56%. The business’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period last year, the company earned $2.66 EPS. Sell-side analysts anticipate that OSI Systems, Inc. will post 8.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other OSI Systems news, insider Shalabh Chandra sold 676 shares of the company’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $139.50, for a total transaction of $94,302.00. Following the transaction, the insider now directly owns 8,192 shares in the company, valued at approximately $1,142,784. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CFO Alan I. Edrick sold 30,386 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $143.75, for a total value of $4,367,987.50. Following the transaction, the chief financial officer now directly owns 310,529 shares in the company, valued at approximately $44,638,543.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shalabh Chandra sold 676 shares of OSI Systems stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $139.50, for a total value of $94,302.00. Following the sale, the insider now directly owns 8,192 shares of the company’s stock, valued at $1,142,784. The disclosure for this sale can be found here. Insiders sold a total of 44,758 shares of company stock worth $6,414,517 over the last three months. 5.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on OSIS. Roth Mkm raised their price target on OSI Systems from $172.00 to $178.00 and gave the company a “buy” rating in a report on Friday, August 23rd. B. Riley increased their target price on OSI Systems from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, August 23rd.

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.