Janus Henderson Group PLC reduced its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,620,673 shares of the technology company’s stock after selling 67,885 shares during the quarter. Janus Henderson Group PLC owned approximately 8.95% of OSI Systems worth $182,536,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in OSIS. Legal & General Group Plc boosted its position in shares of OSI Systems by 0.5% in the 4th quarter. Legal & General Group Plc now owns 39,198 shares of the technology company’s stock valued at $2,874,000 after purchasing an additional 180 shares during the period. Vigilant Capital Management LLC acquired a new stake in shares of OSI Systems in the 2nd quarter valued at about $38,000. Pasadena Private Wealth LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at about $423,000. ClariVest Asset Management LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at about $9,585,000. Finally, SG Capital Management LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at about $4,030,000. 97.00% of the stock is owned by institutional investors and hedge funds.
OSIS traded down $1.14 on Wednesday, hitting $106.09. 1,939 shares of the company traded hands, compared to its average volume of 160,816. The stock’s 50 day moving average is $111.89. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.55 and a quick ratio of 0.85. The firm has a market cap of $1.94 billion, a PE ratio of 29.29, a PEG ratio of 1.87 and a beta of 0.87. OSI Systems, Inc. has a 12-month low of $67.15 and a 12-month high of $117.21.
OSIS has been the subject of a number of research analyst reports. Zacks Investment Research cut OSI Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 8th. Roth Capital upped their target price on OSI Systems from $97.00 to $122.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Finally, BidaskClub raised OSI Systems from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. OSI Systems has an average rating of “Buy” and an average target price of $107.00.
In other OSI Systems news, insider Deepak Chopra sold 35,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $106.54, for a total transaction of $3,728,900.00. Following the completion of the sale, the insider now directly owns 549,530 shares of the company’s stock, valued at approximately $58,546,926.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.60% of the stock is owned by corporate insiders.
About OSI Systems
OSI Systems, Inc designs, manufactures, and sells electronic systems and components worldwide. The company's Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names.
See Also: What is the definition of a trade war?
Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.