PDT Partners LLC grew its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 542.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 26,996 shares of the technology company’s stock after acquiring an additional 22,795 shares during the quarter. PDT Partners LLC owned about 0.16% of OSI Systems worth $5,246,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. National Bank of Canada FI raised its stake in shares of OSI Systems by 118.2% during the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after purchasing an additional 78 shares in the last quarter. Nisa Investment Advisors LLC grew its position in OSI Systems by 139.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock valued at $38,000 after buying an additional 113 shares in the last quarter. Virtus Advisers LLC acquired a new position in OSI Systems during the 1st quarter valued at about $43,000. Xponance Inc. bought a new stake in shares of OSI Systems during the 1st quarter worth about $233,000. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of OSI Systems during the 1st quarter worth about $234,000. Institutional investors own 89.21% of the company’s stock.
OSI Systems Stock Up 0.4%
OSIS stock opened at $230.05 on Monday. The firm has a market cap of $3.87 billion, a PE ratio of 26.44, a P/E/G ratio of 1.91 and a beta of 1.30. OSI Systems, Inc. has a 12 month low of $129.84 and a 12 month high of $241.64. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The firm has a 50 day simple moving average of $223.50 and a 200 day simple moving average of $212.55.
Analyst Ratings Changes
OSIS has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a report on Friday, May 16th. B. Riley upped their target price on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $270.00 price target on shares of OSI Systems in a research note on Friday, August 22nd. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $230.83.
Read Our Latest Report on OSI Systems
Insider Activity
In other news, Director Meyer/ Luskin sold 1,000 shares of the company’s stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $237.15, for a total transaction of $237,150.00. Following the completion of the sale, the director directly owned 11,214 shares of the company’s stock, valued at $2,659,400.10. This represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 5.20% of the stock is owned by company insiders.
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.
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