Axiom Investors LLC DE Buys Shares of 38,252 OSI Systems, Inc. $OSIS

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 acquired a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,252 shares of the technology company's stock, valued at approximately $7,434,000. Axiom Investors LLC DE owned 0.23% of OSI Systems at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of OSIS. National Bank of Canada FI grew its holdings in OSI Systems by 118.2% during the first quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock valued at $28,000 after purchasing an additional 78 shares during the period. Nisa Investment Advisors LLC grew its holdings in OSI Systems by 139.5% during the first quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock valued at $38,000 after purchasing an additional 113 shares during the period. Xponance Inc. bought a new position in OSI Systems during the first quarter valued at $233,000. Sequoia Financial Advisors LLC purchased a new position in shares of OSI Systems in the first quarter valued at $234,000. Finally, EntryPoint Capital LLC bought a new stake in shares of OSI Systems during the first quarter valued at about $255,000. 89.21% of the stock is owned by institutional investors.

OSI Systems Trading Down 0.2%

Shares of NASDAQ OSIS traded down $0.40 during mid-day trading on Wednesday, hitting $230.38. The stock had a trading volume of 198,875 shares, compared to its average volume of 225,058. The business has a 50 day moving average price of $222.98 and a two-hundred day moving average price of $212.20. OSI Systems, Inc. has a 1 year low of $129.84 and a 1 year high of $241.64. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The firm has a market cap of $3.87 billion, a P/E ratio of 26.48, a price-to-earnings-growth ratio of 1.87 and a beta of 1.31.

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

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other OSI Systems news, Director Meyer/ Luskin sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $237.15, for a total value of $237,150.00. Following the completion of the sale, the director owned 11,214 shares in the company, valued at approximately $2,659,400.10. This trade represents a 8.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.20% of the stock is owned by 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.