Jump Financial LLC Reduces Holdings in OSI Systems, Inc. $OSIS

Key Points

• Jump Financial LLC reduced its stake in OSI Systems by 34.5%, resulting in a total holding valued at $1.47 million as of its latest SEC filing.
• OSI Systems received positive ratings from analysts, with price targets ranging from $230.83 to $270.00, indicating a general consensus of a "Moderate Buy."
• In its latest quarterly earnings, OSI Systems reported an EPS of $3.24, surpassing analyst expectations and showing a 4.9% increase in revenue compared to the previous year.

Jump Financial LLC lowered its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 34.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 7,558 shares of the technology company's stock after selling 3,987 shares during the period. Jump Financial LLC's holdings in OSI Systems were worth $1,469,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Janus Henderson Group PLC raised its stake in shares of OSI Systems by 1.8% during the 4th quarter. Janus Henderson Group PLC now owns 1,230,805 shares of the technology company's stock valued at $206,072,000 after buying an additional 21,637 shares during the last quarter. Mawer Investment Management Ltd. grew its position in shares of OSI Systems by 22.2% during the 1st quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company's stock valued at $89,595,000 after acquiring an additional 83,724 shares during the period. Clark Capital Management Group Inc. grew its position in shares of OSI Systems by 19.7% during the 4th quarter. Clark Capital Management Group Inc. now owns 362,712 shares of the technology company's stock valued at $60,729,000 after acquiring an additional 59,690 shares during the period. Primecap Management Co. CA grew its position in shares of OSI Systems by 12.3% during the 1st quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company's stock valued at $64,974,000 after acquiring an additional 36,620 shares during the period. Finally, Brown Advisory Inc. grew its position in shares of OSI Systems by 2.3% during the 1st quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company's stock valued at $54,180,000 after acquiring an additional 6,332 shares during the period. Hedge funds and other institutional investors own 89.21% of the company's stock.

Wall Street Analysts Forecast Growth

OSIS has been the topic of several research analyst reports. B. Riley lifted their price objective on OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Wall Street Zen upgraded OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Finally, Oppenheimer reiterated an "outperform" rating and issued a $270.00 price objective on shares of OSI Systems in a report on Friday, August 22nd. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $230.83.

OSI Systems Trading Down 0.3%

NASDAQ:OSIS traded down $0.77 during trading hours on Wednesday, reaching $231.90. 33,995 shares of the stock were exchanged, compared to its average volume of 222,410. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average of $224.16 and a two-hundred day moving average of $212.82. OSI Systems, Inc. has a twelve month low of $129.84 and a twelve month high of $241.64. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 1.91 and a beta of 1.30.

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

Insider Activity

In other news, Director Meyer/ Luskin sold 1,000 shares of the stock in a transaction 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 sale, the director directly owned 11,214 shares in the company, valued at approximately $2,659,400.10. This trade represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.