NorthCrest Asset Manangement LLC Has $1.44 Million Holdings in OSI Systems, Inc. $OSIS

Key Points

• NorthCrest Asset Management LLC reduced its stake in OSI Systems by 36.1%, selling 3,495 shares in the second quarter, now holding 6,189 shares worth approximately $1.44 million.
• Several institutional investors, including National Bank of Canada FI and Nisa Investment Advisors LLC, significantly increased their positions in OSI Systems during the first quarter, contributing to institutional ownership of 89.21% of the stock.
• OSI Systems reported a quarterly EPS of $3.24, exceeding analyst estimates, and provided FY 2026 guidance of 10.110-10.390 EPS.

NorthCrest Asset Manangement LLC decreased its position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 36.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,189 shares of the technology company's stock after selling 3,495 shares during the quarter. NorthCrest Asset Manangement LLC's holdings in OSI Systems were worth $1,439,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted 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 acquiring an additional 541,882 shares during the period. Mawer Investment Management Ltd. boosted 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 acquiring an additional 83,724 shares during the period. Clark Capital Management Group Inc. lifted its holdings in OSI Systems by 1.9% in the first quarter. Clark Capital Management Group Inc. now owns 369,473 shares of the technology company's stock worth $71,803,000 after purchasing an additional 6,761 shares during the period. Primecap Management Co. CA lifted its holdings in OSI Systems by 12.3% in the first quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company's stock worth $64,974,000 after purchasing an additional 36,620 shares during the period. Finally, Brown Advisory Inc. lifted its holdings in OSI Systems by 2.3% in the first quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company's stock worth $54,180,000 after purchasing an additional 6,332 shares during the period. Institutional investors and hedge funds own 89.21% of the company's stock.

OSI Systems Price Performance

NASDAQ OSIS traded up $3.40 on Tuesday, reaching $240.92. The company's stock had a trading volume of 25,253 shares, compared to its average volume of 216,608. OSI Systems, Inc. has a twelve month low of $129.84 and a twelve month high of $244.49. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The stock has a market cap of $4.05 billion, a PE ratio of 27.69, a PEG ratio of 1.95 and a beta of 1.30. The firm's 50 day moving average is $227.53 and its two-hundred day moving average is $216.28.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, beating analysts' consensus estimates of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company had revenue of $504.99 million during the quarter, compared to the consensus estimate of $497.22 million. During the same period in the prior year, the company earned $2.84 EPS. OSI Systems's revenue 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, sell-side analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. B. Riley upped their price objective on shares of OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Oppenheimer reaffirmed 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 given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

Insider Transactions at OSI Systems

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the business's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the sale, the insider owned 8,749 shares in the company, valued at approximately $2,071,413.24. The trade was a 16.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.