OSI Systems, Inc. (OSIS) General Counsel Victor S. Sze Sells 20,000 Shares

OSI Systems, Inc. (NASDAQ:OSIS) General Counsel Victor S. Sze sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $104.17, for a total value of $2,083,400.00. Following the completion of the transaction, the general counsel now owns 153,404 shares of the company’s stock, valued at approximately $15,980,094.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

NASDAQ OSIS traded up $0.08 on Tuesday, reaching $103.66. The company had a trading volume of 138,500 shares, compared to its average volume of 159,375. The stock has a market cap of $1.89 billion, a PE ratio of 28.71, a P/E/G ratio of 1.95 and a beta of 1.11. OSI Systems, Inc. has a 1 year low of $66.70 and a 1 year high of $105.00. The company has a quick ratio of 0.85, a current ratio of 1.55 and a debt-to-equity ratio of 0.49.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Tuesday, April 30th. The technology company reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.23. The firm had revenue of $304.30 million during the quarter, compared to analysts’ expectations of $289.15 million. OSI Systems had a return on equity of 15.66% and a net margin of 4.59%. OSI Systems’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.86 EPS. Sell-side analysts anticipate that OSI Systems, Inc. will post 4.22 EPS for the current fiscal year.

A number of equities analysts have weighed in on the company. BidaskClub cut OSI Systems from a “hold” rating to a “sell” rating in a report on Tuesday, April 16th. Zacks Investment Research cut OSI Systems from a “buy” rating to a “hold” rating in a report on Tuesday, January 22nd. Roth Capital upped their price target on OSI Systems from $97.00 to $122.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. TheStreet upgraded OSI Systems from a “c” rating to a “b” rating in a report on Friday, January 25th. Finally, B. Riley upped their price target on OSI Systems to $98.00 and gave the stock a “buy” rating in a report on Friday, January 25th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $107.00.

Institutional investors have recently added to or reduced their stakes in the company. Prospect Capital Advisors LLC boosted its stake in shares of OSI Systems by 10.5% during the 4th quarter. Prospect Capital Advisors LLC now owns 107,400 shares of the technology company’s stock valued at $7,872,000 after buying an additional 10,200 shares during the last quarter. Texas Permanent School Fund boosted its stake in shares of OSI Systems by 4.4% during the 4th quarter. Texas Permanent School Fund now owns 11,048 shares of the technology company’s stock valued at $810,000 after buying an additional 461 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of OSI Systems by 28.5% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 85,463 shares of the technology company’s stock valued at $6,522,000 after buying an additional 18,972 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of OSI Systems by 5.2% during the 4th quarter. Geode Capital Management LLC now owns 193,127 shares of the technology company’s stock valued at $14,156,000 after buying an additional 9,618 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of OSI Systems by 0.5% during the 4th quarter. Legal & General Group Plc now owns 39,198 shares of the technology company’s stock valued at $2,874,000 after buying an additional 180 shares during the last quarter. Institutional investors own 98.63% of the company’s stock.

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About OSI Systems

OSI Systems, Inc designs, manufactures, and sells electronic systems and components worldwide. The company's 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 and AS&E names.

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