OSI Systems, Inc. $OSIS Stake Increased by Voya Investment Management LLC

Voya Investment Management LLC grew its holdings in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 24.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,910 shares of the technology company's stock after purchasing an additional 1,147 shares during the period. Voya Investment Management LLC's holdings in OSI Systems were worth $1,149,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Sequoia Financial Advisors LLC purchased a new stake in shares of OSI Systems in the first quarter valued at $234,000. QRG Capital Management Inc. lifted its holdings in shares of OSI Systems by 11.8% in the first quarter. QRG Capital Management Inc. now owns 2,899 shares of the technology company's stock valued at $563,000 after purchasing an additional 305 shares in the last quarter. TradeLink Capital LLC purchased a new stake in shares of OSI Systems in the first quarter valued at $445,000. Informed Momentum Co LLC purchased a new stake in shares of OSI Systems during the first quarter worth $4,752,000. Finally, Primecap Management Co. CA raised 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 worth $64,974,000 after acquiring an additional 36,620 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company's stock.

Insider Transactions at OSI Systems

In related news, insider Paul Keith Morben sold 1,671 shares of the firm's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $236.76, for a total value of $395,625.96. Following the completion of the sale, the insider directly owned 8,749 shares in the company, valued at approximately $2,071,413.24. This trade represents a 16.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 5.20% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on OSIS. Oppenheimer reiterated an "outperform" rating and set a $270.00 price objective on shares of OSI Systems in a report on Friday, August 22nd. B. Riley increased their price objective on OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $230.83.

OSI Systems Price Performance

OSIS opened at $236.79 on Wednesday. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. OSI Systems, Inc. has a 12 month low of $129.84 and a 12 month high of $244.49. The company has a fifty day simple moving average of $228.10 and a 200 day simple moving average of $216.42. The stock has a market cap of $3.98 billion, a P/E ratio of 27.22, a P/E/G ratio of 1.97 and a beta of 1.30.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, topping 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 firm had revenue of $504.99 million during the quarter, compared to analyst estimates of $497.22 million. During the same period in the prior year, the business earned $2.84 EPS. The company'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. On average, research analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current 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.

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