Brown Advisory Inc. Has $54.18 Million Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Brown Advisory Inc. boosted its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 2.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278,790 shares of the technology company's stock after purchasing an additional 6,332 shares during the period. Brown Advisory Inc. owned about 1.66% of OSI Systems worth $54,180,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd purchased a new stake in shares of OSI Systems in the fourth quarter valued at $25,000. Smartleaf Asset Management LLC lifted its stake in shares of OSI Systems by 243.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company's stock worth $46,000 after purchasing an additional 195 shares in the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of OSI Systems by 241.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 683 shares of the technology company's stock worth $108,000 after acquiring an additional 483 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of OSI Systems in the first quarter worth about $234,000. Finally, Quantessence Capital LLC acquired a new position in shares of OSI Systems in the fourth quarter worth about $231,000. Hedge funds and other institutional investors own 89.21% of the company's stock.

OSI Systems Stock Down 7.5%

OSI Systems stock traded down $17.23 during mid-day trading on Friday, hitting $212.75. 289,691 shares of the company's stock were exchanged, compared to its average volume of 210,296. The company has a current ratio of 2.11, a quick ratio of 1.38 and a debt-to-equity ratio of 0.53. The stock has a market cap of $3.57 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.80 and a beta of 1.27. OSI Systems, Inc. has a 1-year low of $129.18 and a 1-year high of $241.64. The stock has a 50 day moving average of $224.77 and a two-hundred day moving average of $201.96.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The technology company reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.06. The company had revenue of $444.35 million for the quarter, compared to analyst estimates of $436.49 million. OSI Systems had a net margin of 8.38% and a return on equity of 18.37%. The business's quarterly revenue was up 9.5% on a year-over-year basis. During the same period last year, the business posted $2.16 EPS. As a group, analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on OSIS. B. Riley reissued a "buy" rating and issued a $255.00 price objective (up from $221.00) on shares of OSI Systems in a report on Friday, May 2nd. Wall Street Zen upgraded OSI Systems from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Oppenheimer upped their target price on OSI Systems from $225.00 to $260.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Wells Fargo & Company cut their price objective on OSI Systems from $220.00 to $210.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, Roth Mkm increased their price objective on OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $228.33.

Insider Buying and Selling

In related news, CFO Alan I. Edrick sold 20,000 shares of the stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $229.00, for a total transaction of $4,580,000.00. Following the completion of the sale, the chief financial officer owned 284,953 shares in the company, valued at $65,254,237. This trade represents a 6.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William Francis Ballhaus, Jr. sold 933 shares of OSI Systems stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $219.77, for a total transaction of $205,045.41. Following the completion of the transaction, the director owned 24,805 shares of the company's stock, valued at $5,451,394.85. This trade represents a 3.62% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 43,371 shares of company stock worth $9,784,380. Insiders own 5.20% of the company's stock.

OSI Systems Company Profile

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.