Bridge City Capital LLC Has $1.35 Million Stock Position in OSI Systems, Inc. (NASDAQ:OSIS)

Bridge City Capital LLC lifted its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS – Get Rating) by 47.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,700 shares of the technology company’s stock after buying an additional 6,042 shares during the period. Bridge City Capital LLC’s holdings in OSI Systems were worth $1,348,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Rhumbline Advisers increased its holdings in OSI Systems by 0.4% in the 2nd quarter. Rhumbline Advisers now owns 49,739 shares of the technology company’s stock worth $4,250,000 after purchasing an additional 179 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of OSI Systems by 7.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,167 shares of the technology company’s stock valued at $271,000 after buying an additional 226 shares during the period. Brinker Capital Investments LLC increased its stake in shares of OSI Systems by 10.3% in the second quarter. Brinker Capital Investments LLC now owns 2,634 shares of the technology company’s stock valued at $225,000 after buying an additional 247 shares during the period. Guggenheim Capital LLC increased its stake in shares of OSI Systems by 1.7% in the first quarter. Guggenheim Capital LLC now owns 15,710 shares of the technology company’s stock valued at $1,337,000 after buying an additional 265 shares during the period. Finally, Mutual of America Capital Management LLC increased its stake in shares of OSI Systems by 12.5% in the second quarter. Mutual of America Capital Management LLC now owns 2,663 shares of the technology company’s stock valued at $228,000 after buying an additional 295 shares during the period. Institutional investors and hedge funds own 89.01% of the company’s stock.

OSI Systems Stock Down 1.0 %

NASDAQ:OSIS traded down $0.99 on Wednesday, hitting $93.72. The stock had a trading volume of 17,556 shares, compared to its average volume of 65,298. The business’s fifty day moving average is $85.23 and its 200 day moving average is $84.64. The company has a market cap of $1.58 billion, a PE ratio of 16.02, a P/E/G ratio of 1.39 and a beta of 0.87. The company has a quick ratio of 0.75, a current ratio of 1.43 and a debt-to-equity ratio of 0.22. OSI Systems, Inc. has a 52 week low of $69.31 and a 52 week high of $103.17.

OSI Systems (NASDAQ:OSIS – Get Rating) last posted its earnings results on Thursday, January 26th. The technology company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. OSI Systems had a return on equity of 14.99% and a net margin of 8.74%. The company had revenue of $295.60 million for the quarter, compared to analyst estimates of $297.19 million. During the same quarter last year, the company earned $1.28 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, equities research analysts expect that OSI Systems, Inc. will post 6.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. TheStreet raised OSI Systems from a “c+” rating to a “b-” rating in a research note on Wednesday, November 16th. StockNews.com upgraded OSI Systems from a “hold” rating to a “buy” rating in a research report on Tuesday, November 15th.

Insider Activity

In other news, CEO Deepak Chopra sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of $85.48, for a total value of $854,800.00. Following the transaction, the chief executive officer now owns 530,584 shares in the company, valued at $45,354,320.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Deepak Chopra sold 10,000 shares of the stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of $85.48, for a total transaction of $854,800.00. Following the completion of the sale, the chief executive officer now directly owns 530,584 shares of the company’s stock, valued at $45,354,320.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Victor S. Sze sold 25,000 shares of the stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $84.69, for a total value of $2,117,250.00. Following the sale, the general counsel now directly owns 39,598 shares of the company’s stock, valued at $3,353,554.62. The disclosure for this sale can be found here. Insiders have sold 40,673 shares of company stock worth $3,454,363 over the last 90 days. 6.20% of the stock is currently owned by corporate insiders.

About OSI Systems

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OSI Systems, Inc designs and manufactures specialized electronic systems and components for critical applications. The firm operates through the following segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment provides security inspection systems and related services, and turnkey security screening solutions.