Emerald Advisers LLC Sells 200 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Emerald Advisers LLC trimmed its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 3.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,928 shares of the technology company’s stock after selling 200 shares during the quarter. Emerald Advisers LLC’s holdings in OSI Systems were worth $668,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Oregon Public Employees Retirement Fund increased its stake in OSI Systems by 1.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 6,638 shares of the technology company’s stock worth $748,000 after purchasing an additional 100 shares in the last quarter. First Hawaiian Bank grew its stake in shares of OSI Systems by 3.4% during the 2nd quarter. First Hawaiian Bank now owns 3,372 shares of the technology company’s stock worth $380,000 after acquiring an additional 110 shares in the last quarter. Eqis Capital Management Inc. grew its stake in shares of OSI Systems by 3.9% during the 2nd quarter. Eqis Capital Management Inc. now owns 3,004 shares of the technology company’s stock worth $338,000 after acquiring an additional 113 shares in the last quarter. Connable Office Inc. grew its stake in shares of OSI Systems by 2.7% during the 1st quarter. Connable Office Inc. now owns 4,495 shares of the technology company’s stock worth $394,000 after acquiring an additional 117 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY grew its stake in shares of OSI Systems by 2.9% during the 1st quarter. Metropolitan Life Insurance Co NY now owns 5,236 shares of the technology company’s stock worth $458,000 after acquiring an additional 150 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the stock. BidaskClub raised shares of OSI Systems from a “hold” rating to a “buy” rating in a research note on Friday, August 2nd. Roth Capital raised their price target on shares of OSI Systems from $97.00 to $122.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Finally, Zacks Investment Research cut shares of OSI Systems from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $107.00.

NASDAQ OSIS opened at $104.46 on Thursday. The firm has a market cap of $1.93 billion, a P/E ratio of 28.94, a PEG ratio of 1.86 and a beta of 0.87. The company has a current ratio of 1.55, a quick ratio of 0.85 and a debt-to-equity ratio of 0.49. OSI Systems, Inc. has a 12 month low of $67.15 and a 12 month high of $117.21. The firm has a 50 day moving average of $111.73.

In other news, insider Deepak Chopra sold 35,000 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $106.54, for a total value of $3,728,900.00. Following the completion of the sale, the insider now owns 549,530 shares of the company’s stock, valued at approximately $58,546,926.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 8.60% of the company’s stock.

About OSI Systems

OSI Systems, Inc designs, manufactures, and sells electronic systems and components worldwide. The company's Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names.

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Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

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