Jackson Creek Investment Advisors LLC Sells 306 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Jackson Creek Investment Advisors LLC cut its position in OSI Systems, Inc. (NASDAQ:OSIS) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,749 shares of the technology company’s stock after selling 306 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in OSI Systems were worth $1,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OSIS. FMR LLC boosted its position in shares of OSI Systems by 4,891.4% in the third quarter. FMR LLC now owns 644,396 shares of the technology company’s stock valued at $97,839,000 after acquiring an additional 631,486 shares during the period. World Investment Advisors LLC bought a new stake in OSI Systems in the 3rd quarter valued at about $16,713,000. Swedbank AB bought a new stake in OSI Systems in the 4th quarter valued at about $8,372,000. Edgestream Partners L.P. acquired a new position in shares of OSI Systems during the 3rd quarter worth approximately $5,061,000. Finally, Systematic Financial Management LP increased its holdings in shares of OSI Systems by 13.4% during the third quarter. Systematic Financial Management LP now owns 264,342 shares of the technology company’s stock worth $40,135,000 after purchasing an additional 31,269 shares during the period. 89.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OSIS has been the subject of several recent research reports. B. Riley boosted their price target on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. StockNews.com downgraded OSI Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, February 26th. Wells Fargo & Company raised their price target on OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. JPMorgan Chase & Co. assumed coverage on OSI Systems in a research note on Friday, February 21st. They issued a “neutral” rating and a $225.00 price target for the company. Finally, Oppenheimer increased their price objective on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. According to MarketBeat, OSI Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

Insider Buying and Selling

In other OSI Systems news, insider Manoocher M. Aliabadi sold 2,509 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $180.02, for a total value of $451,670.18. Following the completion of the transaction, the insider now owns 78,094 shares of the company’s stock, valued at $14,058,481.88. This represents a 3.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Keith Morben sold 155 shares of OSI Systems stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the sale, the insider now directly owns 10,077 shares in the company, valued at $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 27,719 shares of company stock worth $5,208,248 in the last three months. 5.20% of the stock is owned by corporate insiders.

OSI Systems Price Performance

OSI Systems stock opened at $184.17 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. OSI Systems, Inc. has a 52 week low of $126.57 and a 52 week high of $220.00. The stock has a market capitalization of $3.09 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 1.81 and a beta of 1.19. The stock has a fifty day moving average of $187.67 and a 200-day moving average of $165.79.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. On average, sell-side analysts expect that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

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.