Moran Wealth Management LLC raised its position in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 34.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,739 shares of the technology company’s stock after acquiring an additional 953 shares during the quarter. Moran Wealth Management LLC’s holdings in OSI Systems were worth $841,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in OSI Systems by 161.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 877,393 shares of the technology company’s stock valued at $170,513,000 after buying an additional 541,882 shares in the last quarter. Mawer Investment Management Ltd. lifted its holdings in OSI Systems by 22.2% in the first quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company’s stock worth $89,595,000 after acquiring an additional 83,724 shares during the last quarter. Clark Capital Management Group Inc. boosted its stake in OSI Systems by 1.9% in the first quarter. Clark Capital Management Group Inc. now owns 369,473 shares of the technology company’s stock valued at $71,803,000 after acquiring an additional 6,761 shares during the period. Primecap Management Co. CA grew its holdings in shares of OSI Systems by 12.3% during the first quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company’s stock valued at $64,974,000 after purchasing an additional 36,620 shares during the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of OSI Systems by 2.3% during the first quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company’s stock valued at $54,180,000 after purchasing an additional 6,332 shares during the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $236.76, for a total transaction of $395,625.96. Following the completion of the sale, the insider directly owned 8,749 shares in the company, valued at $2,071,413.24. This represents a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total value of $4,916,000.00. Following the completion of the sale, the chairman directly owned 312,969 shares in the company, valued at approximately $76,927,780.20. This represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.
Wall Street Analyst Weigh In
View Our Latest Analysis on OSIS
OSI Systems Trading Up 2.6%
Shares of NASDAQ OSIS opened at $256.66 on Thursday. The business has a 50 day simple moving average of $236.09 and a 200 day simple moving average of $222.13. OSI Systems, Inc. has a 52 week low of $129.84 and a 52 week high of $257.33. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 29.50, a PEG ratio of 2.14 and a beta of 1.32. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04.
OSI Systems (NASDAQ:OSIS – Get Free Report) last posted its earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The company had revenue of $504.99 million for the quarter, compared to analyst estimates of $497.22 million. During the same period last year, the company earned $2.84 earnings per share. The business’s revenue was up 4.9% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share 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.
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