OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) insider Shalabh Chandra sold 3,203 shares of OSI Systems stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $117.82, for a total value of $377,377.46. Following the completion of the transaction, the insider now owns 8,713 shares of the company’s stock, valued at approximately $1,026,565.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
OSI Systems Stock Down 1.1 %
Shares of NASDAQ OSIS opened at $117.05 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.47. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 1.41 and a beta of 0.90. The stock has a 50 day moving average price of $122.19 and a 200 day moving average price of $114.65. OSI Systems, Inc. has a 52-week low of $69.31 and a 52-week high of $139.90.
OSI Systems (NASDAQ:OSIS – Get Free Report) last issued its quarterly earnings data on Thursday, August 24th. The technology company reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $2.54 by $0.12. The company had revenue of $336.80 million during the quarter, compared to the consensus estimate of $382.90 million. OSI Systems had a net margin of 7.18% and a return on equity of 16.02%. OSI Systems’s revenue for the quarter was down 18.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.96 earnings per share. Sell-side analysts expect that OSI Systems, Inc. will post 7.79 earnings per share for the current year.
Wall Street Analyst Weigh In
Read Our Latest Analysis on OSIS
Hedge Funds Weigh In On OSI Systems
Large investors have recently bought and sold shares of the business. Prelude Capital Management LLC acquired a new position in shares of OSI Systems during the first quarter worth $935,000. Systematic Financial Management LP increased its position in shares of OSI Systems by 27.9% during the first quarter. Systematic Financial Management LP now owns 216,347 shares of the technology company’s stock worth $22,145,000 after purchasing an additional 47,258 shares in the last quarter. New York Life Investment Management LLC acquired a new position in shares of OSI Systems during the first quarter worth $478,000. Boston Partners increased its position in shares of OSI Systems by 23.9% during the first quarter. Boston Partners now owns 208,553 shares of the technology company’s stock worth $22,073,000 after purchasing an additional 40,176 shares in the last quarter. Finally, Credit Suisse AG increased its position in shares of OSI Systems by 1.0% during the fourth quarter. Credit Suisse AG now owns 508,969 shares of the technology company’s stock worth $40,473,000 after purchasing an additional 5,268 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.
About OSI Systems
OSI Systems, Inc designs and manufactures electronic systems and components worldwide. 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 detection, and explosive and narcotics trace detection systems under the Rapiscan Systems, AS&E, and Gatekeeper names.
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