OSI Systems, Inc. (NASDAQ:OSIS) CEO Deepak Chopra Sells 40,000 Shares

OSI Systems, Inc. (NASDAQ:OSISGet Free Report) CEO Deepak Chopra sold 40,000 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $139.75, for a total value of $5,590,000.00. Following the sale, the chief executive officer now owns 428,615 shares in the company, valued at approximately $59,898,946.25. The sale was disclosed in a filing with the SEC, which is available through this link.

OSI Systems Trading Up 1.3 %

NASDAQ OSIS opened at $139.27 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.47 and a debt-to-equity ratio of 0.16. OSI Systems, Inc. has a 52 week low of $103.04 and a 52 week high of $144.11. The business has a 50 day moving average price of $136.70 and a 200-day moving average price of $129.48. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 19.16, a P/E/G ratio of 1.54 and a beta of 0.99.

OSI Systems (NASDAQ:OSISGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.05. OSI Systems had a net margin of 8.56% and a return on equity of 18.10%. The business had revenue of $405.41 million during the quarter, compared to the consensus estimate of $401.99 million. During the same quarter last year, the firm posted $1.49 EPS. OSI Systems’s revenue was up 33.8% compared to the same quarter last year. As a group, equities analysts expect that OSI Systems, Inc. will post 8.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On OSI Systems

A number of institutional investors and hedge funds have recently made changes to their positions in the business. West Paces Advisors Inc. acquired a new position in OSI Systems during the 1st quarter valued at about $28,000. Global Retirement Partners LLC boosted its position in shares of OSI Systems by 1,021.1% during the first quarter. Global Retirement Partners LLC now owns 213 shares of the technology company’s stock valued at $30,000 after buying an additional 194 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in OSI Systems by 27.1% during the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock worth $50,000 after buying an additional 90 shares in the last quarter. Quest Partners LLC purchased a new stake in OSI Systems in the 4th quarter valued at $53,000. Finally, International Assets Investment Management LLC lifted its stake in OSI Systems by 3,585.7% during the 4th quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock valued at $67,000 after acquiring an additional 502 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on OSIS shares. Oppenheimer boosted their price target on OSI Systems from $157.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. Roth Mkm boosted their target price on shares of OSI Systems from $169.00 to $172.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, StockNews.com cut shares of OSI Systems from a “buy” rating to a “hold” rating in a report on Saturday, April 27th.

View Our Latest Research Report on OSIS

About OSI Systems

(Get 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.

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