Register Financial Advisors LLC Sells 3,025 Shares of OSI Systems, Inc. $OSIS

Key Points

• Register Financial Advisors LLC reduced its stake in OSI Systems by 23.7%, selling 3,025 shares to hold 9,720 shares valued at approximately $2,186,000.
• OSI Systems reported $504.99 million in revenue for the latest quarter, exceeding estimates and showing a 4.9% increase from the previous year.
• Analysts have set a consensus target price of $230.83 for OSI Systems, with the stock receiving a consensus rating of "Moderate Buy" from five investment analysts.

Register Financial Advisors LLC reduced its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 23.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,720 shares of the technology company's stock after selling 3,025 shares during the quarter. Register Financial Advisors LLC owned 0.06% of OSI Systems worth $2,186,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. National Bank of Canada FI raised its stake in OSI Systems by 118.2% during the first quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock worth $28,000 after acquiring an additional 78 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings 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 valued at $38,000 after purchasing an additional 113 shares during the last quarter. Virtus Advisers LLC acquired a new position in OSI Systems during the 1st quarter worth approximately $43,000. GAMMA Investing LLC lifted its stake in OSI Systems by 73.8% in the 2nd quarter. GAMMA Investing LLC now owns 278 shares of the technology company's stock valued at $63,000 after purchasing an additional 118 shares during the last quarter. Finally, Strs Ohio acquired a new stake in OSI Systems in the first quarter valued at approximately $97,000. 89.21% of the stock is owned by institutional investors and hedge funds.

OSI Systems Stock Performance

Shares of OSI Systems stock opened at $231.63 on Friday. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 26.62, a P/E/G ratio of 1.89 and a beta of 1.30. OSI Systems, Inc. has a twelve month low of $129.84 and a twelve month high of $244.49. The company's fifty day moving average is $228.77 and its 200 day moving average is $216.85. 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 (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 the consensus estimate of $3.19 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The firm had revenue of $504.99 million for the quarter, compared to the consensus estimate of $497.22 million. During the same period in the previous year, the business earned $2.84 EPS. The business's quarterly 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. Sell-side analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Buying and Selling

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the stock in a transaction that occurred on 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 owned 8,749 shares of the company's stock, valued at approximately $2,071,413.24. This represents a 16.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.20% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on OSIS. B. Riley upped their price target 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 restated an "outperform" rating and set a $270.00 price objective on shares of OSI Systems in a research report on Friday, August 22nd. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

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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