OSI Systems, Inc. (NASDAQ:OSIS) CEO Deepak Chopra Sells 15,000 Shares

OSI Systems, Inc. (NASDAQ:OSIS) CEO Deepak Chopra sold 15,000 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $153.42, for a total value of $2,301,300.00. Following the completion of the sale, the chief executive officer now directly owns 424,323 shares in the company, valued at $65,099,634.66. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Deepak Chopra also recently made the following trade(s):

• On Monday, September 16th, Deepak Chopra sold 20,000 shares of OSI Systems stock. The shares were sold at an average price of $144.92, for a total transaction of $2,898,400.00.

OSI Systems Stock Down 0.2 %

Shares of OSIS opened at $152.85 on Thursday. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.42 and a beta of 1.10. OSI Systems, Inc. has a 52 week low of $114.17 and a 52 week high of $158.69. The stock’s 50-day moving average price is $143.68 and its 200-day moving average price is $141.78. The company has a quick ratio of 1.20, a current ratio of 1.84 and a debt-to-equity ratio of 0.60.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.19. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The business had revenue of $344.01 million during the quarter, compared to the consensus estimate of $318.66 million. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The company’s revenue was up 23.2% compared to the same quarter last year. On average, sell-side analysts predict that OSI Systems, Inc. will post 9.12 EPS for the current year.

Institutional Trading of OSI Systems

Several institutional investors have recently bought and sold shares of the business. Tidal Investments LLC acquired a new position in shares of OSI Systems during the first quarter valued at approximately $921,000. Renaissance Technologies LLC lifted its stake in shares of OSI Systems by 79.8% in the second quarter. Renaissance Technologies LLC now owns 25,683 shares of the technology company’s stock worth $3,532,000 after buying an additional 11,400 shares in the last quarter. GHP Investment Advisors Inc. boosted its position in OSI Systems by 71.2% during the third quarter. GHP Investment Advisors Inc. now owns 26,872 shares of the technology company’s stock worth $4,080,000 after acquiring an additional 11,173 shares during the last quarter. Victory Capital Management Inc. grew its stake in OSI Systems by 713.1% during the 2nd quarter. Victory Capital Management Inc. now owns 97,951 shares of the technology company’s stock valued at $13,470,000 after acquiring an additional 85,904 shares in the last quarter. Finally, Truist Financial Corp acquired a new stake in OSI Systems in the 2nd quarter valued at about $601,000. 89.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on OSIS. B. Riley raised their target price on shares of OSI Systems from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Bank of America assumed coverage on OSI Systems in a research note on Monday, September 30th. They set a “buy” rating and a $175.00 target price on the stock. Wells Fargo & Company lifted their price objective on OSI Systems from $170.00 to $172.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 29th. Finally, Roth Mkm boosted their target price on OSI Systems from $172.00 to $178.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $173.00.

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.