Maryland State Retirement & Pension System Sells 2,314 Shares of OSI Systems, Inc. $OSIS

Maryland State Retirement & Pension System lessened its position in OSI Systems, Inc. (NASDAQ:OSIS) by 50.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,275 shares of the technology company’s stock after selling 2,314 shares during the period. Maryland State Retirement & Pension System’s holdings in OSI Systems were worth $567,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Evergreen Capital Management LLC bought a new position in OSI Systems in the third quarter valued at about $208,000. Richardson Financial Services Inc. boosted its stake in OSI Systems by 58.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock worth $36,000 after purchasing an additional 53 shares during the period. Csenge Advisory Group bought a new stake in OSI Systems in the 3rd quarter valued at $208,000. Nordea Investment Management AB increased its stake in OSI Systems by 3.6% in the 3rd quarter. Nordea Investment Management AB now owns 54,979 shares of the technology company’s stock worth $13,319,000 after acquiring an additional 1,915 shares during the last quarter. Finally, Oliver Luxxe Assets LLC raised its stake in OSI Systems by 2.5% during the third quarter. Oliver Luxxe Assets LLC now owns 23,553 shares of the technology company’s stock valued at $5,870,000 after purchasing an additional 569 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

Wall Street Analyst Weigh In

OSIS has been the subject of several analyst reports. Roth Mkm raised their target price on shares of OSI Systems from $280.00 to $292.00 and gave the stock a “buy” rating in a report on Monday, December 1st. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Oppenheimer lifted their price objective on shares of OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, October 3rd. Bank of America lifted their price objective on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, UBS Group set a $292.00 price objective on OSI Systems in a research note on Monday, December 1st. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $272.00.

OSI Systems Price Performance

Shares of NASDAQ OSIS opened at $287.46 on Friday. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 32.55, a price-to-earnings-growth ratio of 2.40 and a beta of 1.35. The firm has a 50-day simple moving average of $268.72 and a 200-day simple moving average of $249.16. OSI Systems, Inc. has a 52 week low of $153.40 and a 52 week high of $294.93. The company has a quick ratio of 1.29, a current ratio of 1.87 and a debt-to-equity ratio of 0.46.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.05. OSI Systems had a net margin of 8.68% and a return on equity of 18.25%. The firm had revenue of $384.62 million during the quarter, compared to analysts’ expectations of $372.03 million. During the same period last year, the business earned $1.25 earnings per share. OSI Systems’s revenue was up 11.8% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, equities analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Activity

In other news, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction 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 in the company, valued at approximately $83,712,962.06. This represents a 6.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction on Friday, November 7th. The shares were sold at an average price of $283.15, for a total transaction of $424,725.00. Following the completion of the transaction, the director owned 5,036 shares in the company, valued at approximately $1,425,943.40. This represents a 22.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 21,916 shares of company stock valued at $6,255,631. Company insiders own 4.30% of the company’s stock.

About OSI Systems

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.