Vanguard Group Inc. Lowers Stock Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Vanguard Group Inc. cut its holdings in OSI Systems, Inc. ( NASDAQ:OSIS – Free Report ) by 2.

3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,120,123 shares of the technology company’s stock after selling 49,074 shares during the period. Vanguard Group Inc.



owned 12.62% of OSI Systems worth $354,972,000 at the end of the most recent reporting period. A number of other large investors also recently made changes to their positions in OSIS.

Richardson Financial Services Inc. boosted its position in OSI Systems by 65.6% during the 4th quarter.

Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the period. Truvestments Capital LLC increased its stake in OSI Systems by 4.

9% during the 4th quarter. Truvestments Capital LLC now owns 2,264 shares of the technology company’s stock worth $379,000 after buying an additional 105 shares during the period. Orion Portfolio Solutions LLC increased its stake in OSI Systems by 3.

3% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company’s stock worth $501,000 after buying an additional 106 shares during the period. KBC Group NV lifted its holdings in OSI Systems by 37.

1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after buying an additional 189 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in OSI Systems by 243.

8% during the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock valued at $46,000 after purchasing an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 89.

21% of the company’s stock. Analyst Upgrades and Downgrades Several equities research analysts recently issued reports on OSIS shares. B.

Riley upped their price target on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research report on Friday, January 24th.

StockNews.com cut shares of OSI Systems from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. Oppenheimer upped their target price on OSI Systems from $205.

00 to $225.00 and gave the company an “outperform” rating in a report on Friday, January 24th. JPMorgan Chase & Co.

began coverage on shares of OSI Systems in a research note on Friday, February 21st. They set a “neutral” rating and a $225.00 target price for the company.

Finally, Roth Mkm raised their price target on shares of OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research note on Friday, January 24th.

One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $212.00.

OSI Systems Stock Down 9.1 % NASDAQ:OSIS opened at $180.31 on Friday.

The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 1.

81 and a beta of 1.20. OSI Systems, Inc.

has a 1-year low of $126.57 and a 1-year high of $220.00.

The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.

56. The business’s fifty day moving average price is $197.96 and its 200 day moving average price is $172.

28. OSI Systems ( NASDAQ:OSIS – Get Free Report ) last released its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.

42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08.

OSI Systems had a net margin of 8.15% and a return on equity of 18.22%.

On average, sell-side analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Buying and Selling In related news, insider Paul Keith Morben sold 155 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $199.36, for a total transaction of $30,900.

80. Following the completion of the sale, the insider now directly owns 10,077 shares of the company’s stock, valued at $2,008,950.72.

This trade represents a 1.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink .

Also, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $195.

83, for a total transaction of $528,936.83. Following the sale, the director now directly owns 5,000 shares in the company, valued at approximately $979,150.

This represents a 35.07 % decrease in their position. The disclosure for this sale can be found here .

Insiders own 5.20% of the company’s stock. OSI Systems Company Profile ( Free Report ) 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. Featured Stories Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.

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