2,028 Shares in OSI Systems, Inc. (NASDAQ:OSIS) Acquired by Farringdon Capital Ltd.

Farringdon Capital Ltd. acquired a new stake in OSI Systems, Inc. (NASDAQ:OSIS) during the fourth quarter, Holdings Channel.com reports. The fund acquired 2,028 shares of the technology company’s stock, valued at approximately $340,000.

Several other large investors have also added to or reduced their stakes in OSIS. Aster Capital Management DIFC Ltd bought a new position in shares of OSI Systems during the 4th quarter worth approximately $25,000. Richardson Financial Services Inc. grew its position in shares of OSI Systems by 65.6% during the 4th quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after acquiring an additional 61 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock worth $46,000 after purchasing an additional 195 shares during the period. CIBC Private Wealth Group LLC lifted its stake in OSI Systems by 241.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 683 shares of the technology company’s stock valued at $108,000 after purchasing an additional 483 shares during the last quarter. Finally, KBC Group NV grew its holdings in OSI Systems by 37.1% during the fourth quarter. KBC Group NV now owns 699 shares of the technology company’s stock valued at $117,000 after purchasing an additional 189 shares during the period. Institutional investors own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on OSIS shares. B. Riley boosted their target price on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. initiated coverage on shares of OSI Systems in a research report on Friday, February 21st. They set a “neutral” rating and a $225.00 target price for the company. StockNews.com cut shares of OSI Systems from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. Roth Mkm lifted their price objective on shares of OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Wells Fargo & Company cut their price target on OSI Systems from $220.00 to $210.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, OSI Systems currently has a consensus rating of “Moderate Buy” and an average target price of $213.33.

Insider Transactions at OSI Systems

In other news, insider Paul Keith Morben sold 155 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $199.36, for a total transaction of $30,900.80. Following the transaction, the insider now directly owns 10,077 shares in the company, valued at approximately $2,008,950.72. This represents a 1.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerald M. Chizever sold 2,701 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $195.83, for a total value of $528,936.83. Following the completion of the sale, the director now owns 5,000 shares of the company’s stock, valued at $979,150. The trade was a 35.07 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.

OSI Systems Stock Up 2.6 %

Shares of NASDAQ:OSIS opened at $194.19 on Friday. The firm has a fifty day moving average price of $194.28 and a two-hundred day moving average price of $175.70. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 1.81 and a beta of 1.19. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. OSI Systems, Inc. has a one year low of $126.57 and a one year high of $220.00.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

About OSI Systems

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.