Hsbc Holdings PLC Lowers Stock Position in OSI Systems, Inc. $OSIS

Hsbc Holdings PLC trimmed its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 47.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,176 shares of the technology company's stock after selling 2,000 shares during the period. Hsbc Holdings PLC's holdings in OSI Systems were worth $417,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of OSIS. Brown Advisory Inc. acquired a new stake in OSI Systems during the 4th quarter valued at approximately $45,618,000. Mawer Investment Management Ltd. lifted its stake in shares of OSI Systems by 22.2% in the 1st 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 during the period. Nuveen LLC acquired a new position in shares of OSI Systems in the 1st quarter valued at $15,546,000. Invesco Ltd. lifted its stake in shares of OSI Systems by 39.3% in the 1st quarter. Invesco Ltd. now owns 246,254 shares of the technology company's stock valued at $47,857,000 after purchasing an additional 69,536 shares during the period. Finally, Clark Capital Management Group Inc. lifted its stake in shares of OSI Systems by 19.7% in 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 purchasing an additional 59,690 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Price Performance

NASDAQ OSIS traded down $2.16 on Friday, hitting $233.55. The company had a trading volume of 106,835 shares, compared to its average volume of 212,869. The company has a market capitalization of $3.93 billion, a PE ratio of 26.84, a PEG ratio of 1.94 and a beta of 1.30. The company's fifty day moving average price is $224.94 and its 200-day moving average price is $213.19. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. OSI Systems, Inc. has a 12-month low of $129.84 and a 12-month high of $241.64.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, topping 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 company had revenue of $504.99 million during the quarter, compared to analyst estimates of $497.22 million. During the same quarter in the previous year, the firm earned $2.84 EPS. The firm's revenue 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. As a group, analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on OSIS. Oppenheimer reiterated an "outperform" rating and issued a $270.00 target price on shares of OSI Systems in a research note on Friday, August 22nd. Wall Street Zen upgraded shares of OSI Systems from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Finally, B. Riley boosted their target price on shares of OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a research note 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 data from MarketBeat.com, OSI Systems presently has a consensus rating of "Moderate Buy" and a consensus price target of $230.83.

Insider Transactions at OSI Systems

In related news, Director Meyer/ Luskin sold 1,000 shares of the company's stock in a transaction dated 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 sale, the director owned 11,214 shares of the company's stock, valued at approximately $2,659,400.10. This represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Paul Keith Morben sold 1,671 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $236.76, for a total transaction of $395,625.96. Following the completion of the sale, the insider directly owned 8,749 shares of the company's stock, valued at $2,071,413.24. This represents a 16.04% decrease in their position. The disclosure for this sale can be found here. Corporate 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.