Nuveen LLC Takes Position in OSI Systems, Inc. $OSIS

Key Points

• Nuveen LLC has acquired a new stake in OSI Systems, Inc., purchasing 79,994 shares valued at approximately $15.5 million, representing about 0.48% of the company's total shares.
• Recent analyst reports have projected a positive outlook for OSI Systems, with multiple firms raising their price targets, including Roth Mkm and Oppenheimer, suggesting the stock could potentially reach between $245 and $260.
• OSI Systems currently has institutional investors and hedge funds owning approximately 89.21% of its stock, indicating strong institutional interest in the company.

Nuveen LLC acquired a new stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 79,994 shares of the technology company's stock, valued at approximately $15,546,000. Nuveen LLC owned 0.48% of OSI Systems as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. National Bank of Canada FI boosted its position in shares of OSI Systems by 118.2% during the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock worth $28,000 after purchasing an additional 78 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of OSI Systems by 139.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock worth $38,000 after purchasing an additional 113 shares in the last quarter. Quantessence Capital LLC bought a new position in shares of OSI Systems during the 4th quarter worth about $231,000. Xponance Inc. bought a new position in shares of OSI Systems during the 1st quarter worth about $233,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of OSI Systems during the 1st quarter worth about $234,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

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

OSI Systems Stock Up 5.0%

NASDAQ:OSIS traded up $10.81 on Friday, hitting $228.70. The stock had a trading volume of 324,970 shares, compared to its average volume of 193,931. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.38 and a current ratio of 2.04. The stock has a market cap of $3.84 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 1.90 and a beta of 1.31. OSI Systems, Inc. has a 1 year low of $129.84 and a 1 year high of $241.64. The firm's fifty day simple moving average is $222.81 and its two-hundred day simple moving average is $211.78.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data 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 net margin of 8.73% and a return on equity of 18.69%. The firm had revenue of $504.99 million during the quarter, compared to analyst estimates of $497.22 million. During the same quarter last year, the business posted $2.84 EPS. The company'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. Analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current 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.