Los Angeles Capital Management LLC Sells 1,565 Shares of OSI Systems, Inc. $OSIS

Los Angeles Capital Management LLC decreased its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 46.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,830 shares of the technology company’s stock after selling 1,565 shares during the quarter. Los Angeles Capital Management LLC’s holdings in OSI Systems were worth $411,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of OSIS. Fox Run Management L.L.C. bought a new stake in shares of OSI Systems in the 2nd quarter worth about $246,000. Bryce Point Capital LLC grew its position in OSI Systems by 16.3% in the second quarter. Bryce Point Capital LLC now owns 4,549 shares of the technology company’s stock worth $1,023,000 after acquiring an additional 636 shares in the last quarter. Bank of New York Mellon Corp grew its position in OSI Systems by 31.8% in the second quarter. Bank of New York Mellon Corp now owns 138,014 shares of the technology company’s stock worth $31,034,000 after acquiring an additional 33,263 shares in the last quarter. Versor Investments LP bought a new stake in OSI Systems during the second quarter worth approximately $282,000. Finally, GHP Investment Advisors Inc. raised its position in OSI Systems by 1.6% during the second quarter. GHP Investment Advisors Inc. now owns 32,126 shares of the technology company’s stock valued at $7,224,000 after purchasing an additional 498 shares during the period. Institutional investors own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

OSIS has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. B. Riley raised their price target on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Oppenheimer lifted their price objective 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. Roth Capital reissued a “buy” rating and issued a $280.00 target price on shares of OSI Systems in a research note on Wednesday, October 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, OSI Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.57.

OSI Systems Stock Up 0.2%

NASDAQ:OSIS opened at $273.55 on Friday. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 31.44, a price-to-earnings-growth ratio of 2.13 and a beta of 1.33. OSI Systems, Inc. has a twelve month low of $149.68 and a twelve month high of $292.34. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The stock has a fifty day simple moving average of $251.61 and a 200-day simple moving average of $234.02.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.37 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company had revenue of $384.62 million for the quarter, compared to the consensus estimate of $372.03 million. During the same quarter last year, the firm posted $1.25 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. Analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Transactions at OSI Systems

In other news, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $283.15, for a total transaction of $424,725.00. Following the completion of the sale, the director 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $285.74, for a total value of $5,714,800.00. Following the completion of the transaction, the chairman directly owned 292,969 shares in the company, valued at approximately $83,712,962.06. This trade represents a 6.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 43,587 shares of company stock valued at $11,567,257. 4.30% of the stock is currently owned by company insiders.

OSI Systems 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.