Dai ichi Life Insurance Company Ltd Purchases 10,997 Shares of OSI Systems, Inc. $OSIS

Dai ichi Life Insurance Company Ltd increased its position in OSI Systems, Inc. (NASDAQ:OSIS) by 47.4% in the first quarter, HoldingsChannel reports. The firm owned 34,195 shares of the technology company’s stock after purchasing an additional 10,997 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in OSI Systems were worth $9,079,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Danske Bank A S bought a new position in OSI Systems in the third quarter worth $25,000. Group One Trading LLC purchased a new stake in shares of OSI Systems in the 1st quarter worth about $27,000. Private Trust Co. NA increased its stake in shares of OSI Systems by 179.5% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the technology company’s stock worth $31,000 after acquiring an additional 79 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new position in shares of OSI Systems in the 4th quarter worth about $32,000. Finally, Caitong International Asset Management Co. Ltd grew its holdings in OSI Systems by 119.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company’s stock worth $43,000 after purchasing an additional 92 shares during the period. 89.21% of the stock is owned by hedge funds and other institutional investors.

OSI Systems Price Performance

Shares of NASDAQ OSIS opened at $216.70 on Friday. The firm has a market cap of $3.57 billion, a P/E ratio of 24.74, a PEG ratio of 1.61 and a beta of 1.20. OSI Systems, Inc. has a twelve month low of $197.27 and a twelve month high of $311.72. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. The company has a 50 day moving average of $216.22 and a 200 day moving average of $254.47.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Monday, May 4th. The technology company reported $2.60 EPS for the quarter, beating the consensus estimate of $2.53 by $0.07. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The business had revenue of $453.25 million for the quarter, compared to the consensus estimate of $449.23 million. During the same period last year, the business posted $2.44 EPS. The company’s revenue was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. As a group, research analysts expect that OSI Systems, Inc. will post 10.4 EPS for the current fiscal year.

Insider Buying and Selling

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $281.84, for a total value of $5,636,800.00. Following the completion of the transaction, the director owned 253,044 shares of the company’s stock, valued at approximately $71,317,920.96. The trade was a 7.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on OSIS shares. Bank of America lowered their price objective on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Weiss Ratings cut OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Citigroup reduced their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a research report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, OSI Systems has a consensus rating of “Moderate Buy” and a consensus price target of $291.86.

OSI Systems Profile

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.