Keeley Teton Advisors LLC Reduces Holdings in OSI Systems, Inc. $OSIS

Key Points

• Keeley Teton Advisors LLC has reduced its holdings in OSI Systems by 41.2%, following the sale of 4,986 shares during the first quarter, leaving them with 7,117 shares valued at approximately $1.38 million.
• Several institutional investors have recently acquired significant stakes in OSI Systems, with Brown Advisory Inc. leading with a new investment of $45.6 million in the fourth quarter.
• Equity analysts have a generally positive outlook on OSI Systems, with a consensus rating of "Moderate Buy" and an average price target of $230.83, alongside recent target increases from multiple firms.

Keeley Teton Advisors LLC lowered its stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 41.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,117 shares of the technology company's stock after selling 4,986 shares during the quarter. Keeley Teton Advisors LLC's holdings in OSI Systems were worth $1,383,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. National Bank of Canada FI lifted its holdings in shares of OSI Systems by 118.2% in the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock worth $28,000 after acquiring an additional 78 shares during the last quarter. Nisa Investment Advisors LLC raised its position in OSI Systems by 139.5% in 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. Virtus Advisers LLC acquired a new position in OSI Systems during the first quarter worth $43,000. Xponance Inc. purchased a new position in shares of OSI Systems during the first quarter worth $233,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of OSI Systems in the first quarter valued at $234,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Activity at OSI Systems

In other news, Director Meyer/ Luskin sold 1,000 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $237.15, for a total transaction of $237,150.00. Following the sale, the director owned 11,214 shares of the company's stock, valued at approximately $2,659,400.10. This trade represents a 8.19% decrease in their position. 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 Stock Up 0.4%

Shares of NASDAQ:OSIS traded up $0.93 during trading hours on Friday, reaching $230.05. The stock had a trading volume of 122,191 shares, compared to its average volume of 220,826. The stock has a market capitalization of $3.87 billion, a price-to-earnings ratio of 26.44, a P/E/G ratio of 1.90 and a beta of 1.31. The firm's 50 day moving average is $223.50 and its 200-day moving average is $212.51. 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.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $497.22 million. During the same quarter in the prior year, the company posted $2.84 earnings per share. OSI Systems's revenue for the quarter was up 4.9% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. Research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

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.