OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $285.74, for a total value of $5,714,800.00. Following the completion of the transaction, the chairman owned 292,969 shares of the company’s stock, valued at approximately $83,712,962.06. The trade was a 6.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Deepak Chopra also recently made the following trade(s):
- On Wednesday, October 1st, Deepak Chopra sold 20,000 shares of OSI Systems stock. The stock was sold at an average price of $245.80, for a total value of $4,916,000.00.
OSI Systems Stock Performance
Shares of OSI Systems stock opened at $283.48 on Thursday. OSI Systems, Inc. has a 12 month low of $149.68 and a 12 month high of $292.34. The firm has a market capitalization of $4.81 billion, a P/E ratio of 32.58, a P/E/G ratio of 2.13 and a beta of 1.33. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The business has a fifty day simple moving average of $250.06 and a two-hundred day simple moving average of $233.03.
Analyst Ratings Changes
A number of brokerages have weighed in on OSIS. Bank of America raised their target price on shares of OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Roth Capital restated a “buy” rating and issued a $280.00 price target on shares of OSI Systems in a research note on Wednesday, October 29th. B. Riley lifted their price objective on OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Finally, Oppenheimer raised their price target on OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, October 3rd. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $263.57.
Read Our Latest Stock Report on OSI Systems
Institutional Trading of OSI Systems
Institutional investors have recently added to or reduced their stakes in the business. First Eagle Investment Management LLC raised its stake in shares of OSI Systems by 33.0% in the third quarter. First Eagle Investment Management LLC now owns 30,864 shares of the technology company’s stock worth $7,693,000 after purchasing an additional 7,664 shares during the last quarter. Level Four Advisory Services LLC boosted its position in shares of OSI Systems by 6.8% during the third quarter. Level Four Advisory Services LLC now owns 7,401 shares of the technology company’s stock valued at $1,845,000 after buying an additional 472 shares during the last quarter. Erste Asset Management GmbH bought a new stake in OSI Systems in the 3rd quarter worth about $234,000. R Squared Ltd purchased a new position in OSI Systems in the 3rd quarter worth about $305,000. Finally, US Bancorp DE lifted its stake in OSI Systems by 14.6% during the 3rd quarter. US Bancorp DE now owns 994 shares of the technology company’s stock valued at $248,000 after acquiring an additional 127 shares during the period. 89.21% of the stock is currently owned by hedge funds and other institutional investors.
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.
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