OSI Systems, Inc. $OSIS Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its position in OSI Systems, Inc. (NASDAQ:OSIS) by 30.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 39,612 shares of the technology company’s stock after selling 17,694 shares during the period. First Trust Advisors LP’s holdings in OSI Systems were worth $10,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in OSI Systems by 4.2% during the fourth quarter. Geode Capital Management LLC now owns 410,963 shares of the technology company’s stock worth $104,836,000 after purchasing an additional 16,692 shares during the last quarter. UBS Group AG grew its holdings in OSI Systems by 63.8% in the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock valued at $78,843,000 after purchasing an additional 123,212 shares during the last quarter. Clark Capital Management Group Inc. increased its position in shares of OSI Systems by 2.6% in the fourth quarter. Clark Capital Management Group Inc. now owns 266,114 shares of the technology company’s stock valued at $67,875,000 after buying an additional 6,663 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of OSI Systems by 4.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 255,062 shares of the technology company’s stock valued at $65,057,000 after buying an additional 10,144 shares in the last quarter. Finally, Van ECK Associates Corp raised its stake in shares of OSI Systems by 10.5% during the 4th quarter. Van ECK Associates Corp now owns 227,095 shares of the technology company’s stock worth $57,923,000 after buying an additional 21,589 shares during the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Bank of America decreased their price objective on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Roth Capital restated a “buy” rating and set a $310.00 target price on shares of OSI Systems in a report on Tuesday, May 5th. Citigroup cut 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 report on Monday, May 18th. Finally, Weiss Ratings downgraded shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, OSI Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $291.86.

OSI Systems Stock Up 0.7%

OSIS opened at $221.39 on Friday. The firm has a market cap of $3.65 billion, a P/E ratio of 25.27, a PEG ratio of 1.65 and a beta of 1.20. The business’s fifty day simple moving average is $216.92 and its 200 day simple moving average is $252.40. OSI Systems, Inc. has a 52 week low of $197.27 and a 52 week high of $311.72. 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 announced its earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.07. The firm had revenue of $453.25 million during the quarter, compared to the consensus estimate of $449.23 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.44 EPS. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. As a group, equities research analysts anticipate that OSI Systems, Inc. will post 10.4 EPS for the current fiscal year.

Insider Activity at OSI Systems

In other news, Director Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 owned 253,044 shares of the company’s stock, valued at $71,317,920.96. The trade was a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by company insiders.

OSI Systems Company Profile

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.