OSI Systems, Inc. $OSIS Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in OSI Systems by 21.9% during the second quarter, bringing its total holdings to approximately $2.6 million.
• Multiple institutional investors, including ProShare Advisors LLC and Two Sigma Investments LP, have also significantly increased their stakes in OSI Systems, indicating strong investor interest.
• Analysts hold a consensus rating of "Moderate Buy" for OSI Systems, with a price target of $230.83, reflecting confidence in the company's performance and future prospects.

Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 21.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,700 shares of the technology company's stock after purchasing an additional 2,100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned 0.07% of OSI Systems worth $2,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of OSI Systems by 161.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 877,393 shares of the technology company's stock valued at $170,513,000 after purchasing an additional 541,882 shares in the last quarter. Mawer Investment Management Ltd. lifted its holdings in shares of OSI Systems by 22.2% during 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 in the last quarter. Clark Capital Management Group Inc. lifted its holdings in shares of OSI Systems by 1.9% during the first quarter. Clark Capital Management Group Inc. now owns 369,473 shares of the technology company's stock valued at $71,803,000 after purchasing an additional 6,761 shares in the last quarter. Primecap Management Co. CA lifted its holdings in shares of OSI Systems by 12.3% during the first quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company's stock valued at $64,974,000 after purchasing an additional 36,620 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in shares of OSI Systems by 2.3% during the first quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company's stock valued at $54,180,000 after purchasing an additional 6,332 shares in the last quarter. 89.21% of the stock is owned by institutional investors.

Insider Activity at OSI Systems

In other news, insider Paul Keith Morben sold 1,671 shares of the business's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total value of $395,625.96. Following the completion of the transaction, the insider directly owned 8,749 shares of the company's stock, valued at approximately $2,071,413.24. The trade was a 16.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 5.20% of the company's stock.

Analyst Ratings Changes

OSIS has been the topic of a number of research analyst reports. B. Riley upped their price target on OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Oppenheimer reaffirmed an "outperform" rating and set a $270.00 price target on shares of OSI Systems in a report on Friday, August 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $230.83.

OSI Systems Trading Down 2.9%

Shares of OSI Systems stock traded down $7.01 on Friday, reaching $235.44. The company had a trading volume of 453,978 shares, compared to its average volume of 141,210. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of 27.06, a P/E/G ratio of 1.95 and a beta of 1.30. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The firm's 50-day moving average price is $227.03 and its two-hundred day moving average price is $215.68. OSI Systems, Inc. has a 1 year low of $129.84 and a 1 year high of $244.49.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, topping analysts' consensus estimates of $3.19 by $0.05. The firm had revenue of $504.99 million during 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 quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.84 EPS. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. As a group, research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

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.