OSI Systems (NASDAQ:OSIS) Sees Unusually-High Trading Volume – Here’s What Happened

OSI Systems, Inc. (NASDAQ:OSIS) saw strong trading volume on Tuesday . 595,740 shares changed hands during mid-day trading, an increase of 182% from the previous session’s volume of 211,155 shares.The stock last traded at $264.87 and had previously closed at $267.03.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Roth Capital reaffirmed a “buy” rating and set a $280.00 price objective on shares of OSI Systems in a research report on Wednesday, October 29th. Bank of America increased their target price on OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Oppenheimer upped their price target on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Finally, B. Riley increased their price objective on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, OSI Systems has an average rating of “Moderate Buy” and a consensus target price of $263.57.

OSI Systems Price Performance

The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The stock has a market cap of $3.97 billion, a P/E ratio of 26.89, a P/E/G ratio of 2.13 and a beta of 1.33. The firm has a 50 day moving average price of $252.73 and a 200 day moving average price of $234.73.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. The business had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Insider Buying and Selling at OSI Systems

In related news, Director James B. Hawkins sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $283.15, for a total value of $424,725.00. Following the transaction, the director directly owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. The trade was a 22.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul Keith Morben sold 416 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $279.10, for a total value of $116,105.60. Following the completion of the transaction, the insider owned 8,540 shares of the company’s stock, valued at $2,383,514. The trade was a 4.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,587 shares of company stock valued at $11,567,257 over the last ninety days. 4.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Richardson Financial Services Inc. boosted its stake in OSI Systems by 58.2% during the third quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock valued at $36,000 after buying an additional 53 shares during the last quarter. Nisa Investment Advisors LLC grew its position in OSI Systems by 28.6% in the third quarter. Nisa Investment Advisors LLC now owns 256 shares of the technology company’s stock worth $64,000 after acquiring an additional 57 shares in the last quarter. Bessemer Group Inc. raised its position in OSI Systems by 78.7% during the second quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock valued at $30,000 after purchasing an additional 59 shares during the period. Park Avenue Securities LLC lifted its stake in shares of OSI Systems by 1.0% in the 2nd quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock valued at $1,526,000 after purchasing an additional 65 shares during the last quarter. Finally, Arizona State Retirement System boosted its holdings in shares of OSI Systems by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 4,711 shares of the technology company’s stock worth $1,174,000 after purchasing an additional 71 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.

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.