Deutsche Bank AG Sells 1,823 Shares of OSI Systems, Inc. $OSIS

Key Points

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Deutsche Bank AG reduced its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 9.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,716 shares of the technology company's stock after selling 1,823 shares during the quarter. Deutsche Bank AG owned 0.11% of OSI Systems worth $3,443,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Primecap Management Co. CA grew its stake in OSI Systems by 12.3% during the first quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company's stock worth $64,974,000 after buying an additional 36,620 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of OSI Systems by 7.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,688 shares of the technology company's stock valued at $911,000 after purchasing an additional 325 shares during the period. TradeLink Capital LLC purchased a new position in shares of OSI Systems in the first quarter valued at $445,000. Premier Fund Managers Ltd purchased a new position in shares of OSI Systems in the first quarter valued at $806,000. Finally, Mawer Investment Management Ltd. boosted its stake in shares of OSI Systems by 22.2% in the first quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company's stock valued at $89,595,000 after purchasing an additional 83,724 shares during the period. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

OSI Systems Price Performance

Shares of NASDAQ:OSIS traded up $10.2170 during trading hours on Friday, hitting $228.1070. 125,792 shares of the company's stock traded hands, compared to its average volume of 224,255. OSI Systems, Inc. has a 52 week low of $129.84 and a 52 week high of $241.64. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.38 and a current ratio of 2.11. The company's fifty day simple moving average is $222.83 and its two-hundred day simple moving average is $211.52. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 27.70, a price-to-earnings-growth ratio of 1.89 and a beta of 1.31.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.05. OSI Systems had a net margin of 8.38% and a return on equity of 18.37%. The company had revenue of $504.99 million during the quarter, compared to analyst estimates of $497.22 million. During the same quarter last year, the firm posted $2.84 EPS. 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. As a group, equities analysts anticipate that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on OSIS. Oppenheimer upped their target price on shares of OSI Systems from $225.00 to $260.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Wall Street Zen raised shares of OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Roth Mkm upped their price target on shares of OSI Systems from $224.00 to $245.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Finally, B. Riley upped their price target on shares of OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $229.17.

Insider Buying and Selling

In other OSI Systems news, Director Meyer/ Luskin sold 1,000 shares of the company's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $237.15, for a total transaction of $237,150.00. Following the completion of the sale, the director directly owned 11,214 shares of the company's stock, valued at approximately $2,659,400.10. This represents a 8.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 5.20% of the company's stock.

OSI Systems 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.