38,252 Shares in OSI Systems, Inc. $OSIS Acquired by Axiom Investors LLC DE

Key Points

• Axiom Investors LLC DE acquired 38,252 shares of OSI Systems, Inc., valued at approximately $7.43 million, during the first quarter, increasing its ownership to about 0.23% of the company.
• OSI Systems reported a quarterly EPS of $3.24, exceeding analysts’ expectations of $3.19, along with a revenue of $504.99 million, marking a year-over-year increase of 4.9%.
• Several analysts have revised their target prices for OSI Systems, with B. Riley increasing its target from $255 to $260 and Roth Mkm from $224 to $245, both assigning a "buy" rating.

Axiom Investors LLC DE bought a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38,252 shares of the technology company's stock, valued at approximately $7,434,000. Axiom Investors LLC DE owned approximately 0.23% of OSI Systems as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of OSIS. Brown Advisory Inc. acquired a new stake in shares of OSI Systems during the fourth quarter worth $45,618,000. T. Rowe Price Investment Management Inc. acquired a new stake in shares of OSI Systems during the first quarter worth $39,686,000. Mawer Investment Management Ltd. lifted its holdings in shares of OSI Systems by 22.2% during the first quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company's stock worth $89,595,000 after buying an additional 83,724 shares in the last quarter. Nuveen LLC acquired a new stake in shares of OSI Systems during the first quarter worth $15,546,000. Finally, Invesco Ltd. lifted its holdings in shares of OSI Systems by 39.3% during the first quarter. Invesco Ltd. now owns 246,254 shares of the technology company's stock worth $47,857,000 after buying an additional 69,536 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

Analyst Ratings Changes

OSIS has been the subject of a number of research reports. Wall Street Zen raised OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. B. Riley raised their price target on OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Oppenheimer restated an "outperform" rating and issued a $270.00 price target on shares of OSI Systems in a research report on Friday, August 22nd. Finally, Roth Mkm raised their price target on OSI Systems from $224.00 to $245.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $230.83.

OSI Systems Price Performance

OSI Systems stock traded down $0.25 during midday trading on Friday, reaching $228.87. The company's stock had a trading volume of 33,808 shares, compared to its average volume of 223,662. OSI Systems, Inc. has a 52 week low of $129.84 and a 52 week high of $241.64. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average price of $223.20 and a 200-day moving average price of $212.36. The stock has a market cap of $3.85 billion, a PE ratio of 26.27, a price-to-earnings-growth ratio of 1.91 and a beta of 1.31.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.19 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The firm had revenue of $504.99 million for the quarter, compared to analysts' expectations of $497.22 million. During the same quarter in the previous year, the business posted $2.84 earnings per share. The business's revenue for the quarter was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, sell-side analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Transactions at OSI Systems

In other OSI Systems news, Director Meyer/ Luskin sold 1,000 shares of OSI Systems stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $237.15, for a total value of $237,150.00. Following the transaction, the director owned 11,214 shares in the company, valued at $2,659,400.10. The trade was a 8.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 5.20% of the stock is currently owned by corporate insiders.

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.