Charles Schwab Investment Management Inc. Has $35.84 Million Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Charles Schwab Investment Management Inc. increased its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,052 shares of the technology company’s stock after acquiring an additional 3,424 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.27% of OSI Systems worth $35,839,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Victory Capital Management Inc. grew its position in OSI Systems by 25.8% during the third quarter. Victory Capital Management Inc. now owns 123,213 shares of the technology company’s stock valued at $18,707,000 after purchasing an additional 25,262 shares in the last quarter. Quest Partners LLC grew its position in OSI Systems by 6,419.0% during the third quarter. Quest Partners LLC now owns 18,905 shares of the technology company’s stock valued at $2,870,000 after purchasing an additional 18,615 shares in the last quarter. Intech Investment Management LLC grew its position in OSI Systems by 31.6% during the third quarter. Intech Investment Management LLC now owns 5,411 shares of the technology company’s stock valued at $822,000 after purchasing an additional 1,300 shares in the last quarter. Primecap Management Co. CA grew its position in OSI Systems by 4.9% during the third quarter. Primecap Management Co. CA now owns 294,500 shares of the technology company’s stock valued at $44,714,000 after purchasing an additional 13,880 shares in the last quarter. Finally, Citigroup Inc. grew its position in OSI Systems by 64.9% during the third quarter. Citigroup Inc. now owns 27,320 shares of the technology company’s stock valued at $4,148,000 after purchasing an additional 10,753 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

Insider Transactions at OSI Systems

In other OSI Systems news, insider Paul Keith Morben sold 155 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the sale, the insider now owns 10,077 shares of the company’s stock, valued at $2,008,950.72. This represents a 1.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the sale, the director now directly owns 5,000 shares in the company, valued at approximately $979,150. This represents a 35.07 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.

OSI Systems Price Performance

NASDAQ:OSIS opened at $184.24 on Monday. The stock has a market cap of $3.10 billion, a P/E ratio of 23.71, a PEG ratio of 1.81 and a beta of 1.20. OSI Systems, Inc. has a one year low of $126.57 and a one year high of $220.00. The company has a fifty day moving average price of $189.25 and a 200 day moving average price of $167.49. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. Analysts anticipate that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Analysts Set New Price Targets

OSIS has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. JPMorgan Chase & Co. assumed coverage on shares of OSI Systems in a research report on Friday, February 21st. They issued a “neutral” rating and a $225.00 target price for the company. StockNews.com downgraded shares of OSI Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, February 26th. Oppenheimer boosted their target price on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, B. Riley boosted their target price on shares of OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $212.00.

OSI Systems Company Profile

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.