Several institutional investors have recently changed their stakes in OSI Systems. Arizona State Retirement System increased its shares by 2.2%, owning 4,532 shares worth $623,000 after acquiring 97 more. Louisiana State Employees Retirement System raised its stake by 1.3%, now holding 7,900 shares valued at $1,086,000 after buying 100 additional shares. PNC Financial Services raised its stake by 4.8%, now owning 3,896 shares worth $503,000 after purchasing 178 shares. Bridge City Capital increased its shares by 0.8%, now having 24,618 shares valued at $3,516,000 after acquiring 194 shares. West Paces Advisors also bought new shares worth $28,000. Overall, hedge funds and institutional investors own 89.21% of the company’s stock.
Insider Transactions at OSI Systems
CEO Deepak Chopra sold 20,000 shares for $2,898,400 on September 16, now owning 459,033 shares worth about $66.5 million. Director Gerald M. Chizever sold 3,000 shares on September 11 for $415,230, holding 3,462 shares worth about $479,175 after the sale. In total, insiders sold 24,107 shares worth $3,474,189 in the last 90 days, owning 5.60% of the company.
Analysts Set New Price Targets
Analysts recently weighed in on OSI Systems. Wells Fargo rated it “overweight” with a $170.00 target. B. Riley raised their target from $165.00 to $180.00 with a “buy” rating. Bank of America also gave a “buy” rating with a $175.00 target. Roth MKM increased their price target to $178.00. Most analysts view it as a “Moderate Buy” with an average target of $172.60.
Check Out Our Latest Report on OSI Systems
OSI Systems Price Performance
OSI Systems (OSIS) opened at $147.14. Its one-year low is $103.04, and high is $158.69. The company has a market cap of $2.51 billion, a PE ratio of 20.24, and a debt-to-equity ratio of 0.15. Recent quarterly results show earnings of $2.84 per share, surpassing estimates. Analysts expect $8.98 earnings per share within the current fiscal year.
OSI Systems Profile
OSI Systems, Inc. designs electronic systems in Security, Healthcare, and Optoelectronics and Manufacturing segments, including inspection systems under the Rapiscan name.
Featured Articles
- Five stocks we like better than OSI Systems
- Why Are Stock Sectors Important to Successful Investing?
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- AMD Gains Momentum With AI: Can It Beat Expectations?
- What is Forex and How Does it Work?
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for OSI Systems Daily – Enter your email below for a daily summary of the latest news and ratings for OSI Systems and related companies with MarketBeat.com’s FREE daily email newsletter.
`
