OSI Systems (NASDAQ:OSIS) Trading Down 12.8% Following Insider Selling

OSI Systems, Inc. (NASDAQ:OSIS) traded down 12.8% during mid-day trading on Tuesday after an insider sold shares in the company. The company traded as low as $249.01 and last traded at $246.7980. 85,249 shares were traded during mid-day trading, a decline of 68% from the average session volume of 267,374 shares. The stock had previously closed at $282.87.

Specifically, Director Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $281.84, for a total transaction 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. The trade was a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Weiss Ratings downgraded shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of OSI Systems from $255.00 to $262.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Roth Mkm reaffirmed a “buy” rating and issued a $310.00 price objective on shares of OSI Systems in a research report on Tuesday. Citigroup began coverage on shares of OSI Systems in a research report on Wednesday, April 15th. They issued a “buy” rating and a $345.00 price objective for the company. Finally, B. Riley Financial upped their price objective on shares of OSI Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $303.43.

OSI Systems Stock Up 0.3%

The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.31 and a current ratio of 3.25. The company has a market capitalization of $3.97 billion, a PE ratio of 27.52, a PEG ratio of 1.97 and a beta of 1.31. The stock’s 50 day moving average is $281.03 and its 200 day moving average is $273.13.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.07. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The business had revenue of $453.25 million for the quarter, compared to analysts’ expectations of $449.23 million. During the same period in the prior year, the company posted $2.44 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, sell-side analysts anticipate that OSI Systems, Inc. will post 10.43 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Mawer Investment Management Ltd. grew its stake in shares of OSI Systems by 67.0% in the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock worth $213,445,000 after acquiring an additional 343,727 shares during the period. William Blair Investment Management LLC bought a new stake in shares of OSI Systems in the fourth quarter worth approximately $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of OSI Systems in the third quarter worth approximately $40,222,000. UBS Group AG grew its stake in shares of OSI Systems by 63.8% in the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after acquiring an additional 123,212 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of OSI Systems in the second quarter worth approximately $13,576,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

About OSI Systems

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.