SteelPeak Wealth LLC Takes Position in OSI Systems, Inc. $OSIS

SteelPeak Wealth LLC acquired a new stake in OSI Systems, Inc. (NASDAQ:OSIS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,891 shares of the technology company’s stock, valued at approximately $768,000.

Other hedge funds also recently added to or reduced their stakes in the company. Abel Hall LLC increased its stake in OSI Systems by 3.6% during the first quarter. Abel Hall LLC now owns 1,113 shares of the technology company’s stock worth $296,000 after acquiring an additional 39 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of OSI Systems by 6.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 815 shares of the technology company’s stock valued at $208,000 after purchasing an additional 49 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of OSI Systems by 19.6% in the 4th quarter. GAMMA Investing LLC now owns 330 shares of the technology company’s stock valued at $84,000 after purchasing an additional 54 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of OSI Systems by 12.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 508 shares of the technology company’s stock worth $130,000 after purchasing an additional 56 shares during the period. Finally, Severin Investments LLC grew its holdings in shares of OSI Systems by 3.0% during the 4th quarter. Severin Investments LLC now owns 1,940 shares of the technology company’s stock worth $495,000 after purchasing an additional 56 shares during the period. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

OSI Systems Trading Down 1.6%

OSIS opened at $212.66 on Friday. OSI Systems, Inc. has a 52 week low of $197.27 and a 52 week high of $311.72. The business has a fifty day simple moving average of $216.97 and a 200-day simple moving average of $256.13. The firm has a market cap of $3.50 billion, a P/E ratio of 24.28, a P/E/G ratio of 1.59 and a beta of 1.20. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.07. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The firm had revenue of $453.25 million for the quarter, compared to the consensus estimate of $449.23 million. During the same quarter in the previous year, the business earned $2.44 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, equities analysts expect that OSI Systems, Inc. will post 10.4 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on OSIS. Roth Capital restated a “buy” rating and issued a $310.00 price objective on shares of OSI Systems in a report on Tuesday, May 5th. Citigroup lowered their target price on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Finally, Weiss Ratings cut shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $294.00.

Insiders Place Their Bets

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of OSI Systems stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $281.84, for a total value of $5,636,800.00. Following the completion of the transaction, the director directly owned 253,044 shares of the company’s stock, valued at $71,317,920.96. The trade was a 7.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by corporate insiders.

About OSI Systems

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.