Waverly Advisors LLC Buys 11,413 Shares of OSI Systems, Inc. $OSIS

Waverly Advisors LLC grew its position in OSI Systems, Inc. (NASDAQ:OSIS) by 1,283.8% during the 1st quarter, HoldingsChannel reports. The fund owned 12,302 shares of the technology company’s stock after purchasing an additional 11,413 shares during the period. Waverly Advisors LLC’s holdings in OSI Systems were worth $3,266,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in OSI Systems by 112.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 18,230 shares of the technology company’s stock worth $4,659,000 after purchasing an additional 9,646 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of OSI Systems by 46.3% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,560 shares of the technology company’s stock valued at $20,274,000 after buying an additional 24,243 shares during the last quarter. Oak Ridge Investments LLC purchased a new stake in shares of OSI Systems in the fourth quarter worth approximately $2,489,000. Robeco Schweiz AG bought a new stake in shares of OSI Systems during the 4th quarter worth approximately $7,791,000. Finally, M&T Bank Corp purchased a new position in OSI Systems during the 4th quarter valued at $7,285,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Deepak Chopra sold 20,000 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $281.84, for a total value of $5,636,800.00. Following the completion of the sale, the director directly owned 253,044 shares of the company’s stock, valued at $71,317,920.96. This represents a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by company insiders.

OSI Systems Price Performance

Shares of OSIS stock opened at $214.02 on Thursday. OSI Systems, Inc. has a twelve month low of $197.27 and a twelve month high of $311.72. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 1.65 and a beta of 1.20. The stock has a fifty day simple moving average of $216.70 and a two-hundred day simple moving average of $253.03. The company has a current ratio of 3.25, a quick ratio of 2.42 and a debt-to-equity ratio of 1.12.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on OSIS. Roth Capital reiterated a “buy” rating and set a $310.00 target price on shares of OSI Systems in a research report on Tuesday, May 5th. Citigroup decreased their price objective on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Weiss Ratings cut shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, Bank of America reduced their target price on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $291.86.

OSI Systems Company 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.