Smartleaf Asset Management LLC Has $46,000 Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Smartleaf Asset Management LLC boosted its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 243.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 275 shares of the technology company’s stock after acquiring an additional 195 shares during the quarter. Smartleaf Asset Management LLC’s holdings in OSI Systems were worth $46,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. US Bancorp DE lifted its holdings in shares of OSI Systems by 4.8% in the third quarter. US Bancorp DE now owns 2,418 shares of the technology company’s stock valued at $367,000 after purchasing an additional 111 shares in the last quarter. Victory Capital Management Inc. raised its position in OSI Systems by 25.8% in the 3rd quarter. Victory Capital Management Inc. now owns 123,213 shares of the technology company’s stock valued at $18,707,000 after buying an additional 25,262 shares during the last quarter. Quest Partners LLC lifted its stake in OSI Systems by 6,419.0% during the 3rd quarter. Quest Partners LLC now owns 18,905 shares of the technology company’s stock valued at $2,870,000 after acquiring an additional 18,615 shares in the last quarter. Intech Investment Management LLC boosted its holdings in OSI Systems by 31.6% during the 3rd quarter. Intech Investment Management LLC now owns 5,411 shares of the technology company’s stock worth $822,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Primecap Management Co. CA grew its stake in shares of OSI Systems by 4.9% in the 3rd quarter. Primecap Management Co. CA now owns 294,500 shares of the technology company’s stock worth $44,714,000 after acquiring an additional 13,880 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

Insider Buying and Selling at OSI Systems

In related news, insider Manoocher M. Aliabadi sold 2,509 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $180.02, for a total transaction of $451,670.18. Following the sale, the insider now owns 78,094 shares of the company’s stock, valued at approximately $14,058,481.88. This represents a 3.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.66, for a total value of $3,753,200.00. Following the completion of the transaction, the chief executive officer now owns 404,323 shares of the company’s stock, valued at approximately $75,875,254.18. This represents a 4.71 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,719 shares of company stock valued at $5,208,248 over the last three months. 5.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on OSIS. Roth Mkm upped their price objective on shares of OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. B. Riley boosted their target price on OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. started coverage on OSI Systems in a research report on Friday, February 21st. They set a “neutral” rating and a $225.00 price target for the company. Oppenheimer lifted their price target on OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company upped their price objective on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, OSI Systems has a consensus rating of “Moderate Buy” and an average price target of $212.00.

OSI Systems Trading Down 0.0 %

NASDAQ:OSIS opened at $180.49 on Wednesday. OSI Systems, Inc. has a 12 month low of $126.57 and a 12 month high of $220.00. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. The firm’s 50 day moving average is $188.42 and its 200 day moving average is $166.77. The stock has a market capitalization of $3.03 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.81 and a beta of 1.20.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. Sell-side analysts expect that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

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.