Thematics Asset Management Sells 23,194 Shares of OSI Systems, Inc. $OSIS

Key Points

• Thematics Asset Management sold 23,194 shares of OSI Systems, reducing its stake by 15.7%, while still holding approximately 124,806 shares valued at $24.25 million.
• OSI Systems' latest quarterly earnings showed an EPS of $3.24, surpassing expectations, with a revenue of $504.99 million, reflecting a year-over-year increase of 4.9%.
• Multiple analysts have raised their price targets for OSI Systems, with Oppenheimer setting a new target of $260.00, indicating strong investor interest and a consensus rating of "Moderate Buy."

Thematics Asset Management cut its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 15.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 124,806 shares of the technology company's stock after selling 23,194 shares during the quarter. OSI Systems accounts for 1.2% of Thematics Asset Management's portfolio, making the stock its 26th largest holding. Thematics Asset Management owned 0.74% of OSI Systems worth $24,255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of OSIS. National Bank of Canada FI boosted its holdings in shares of OSI Systems by 118.2% in the first quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock worth $28,000 after buying an additional 78 shares during the period. Nisa Investment Advisors LLC grew its position in 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. Xponance Inc. acquired a new stake in shares of OSI Systems in the first quarter worth $233,000. Sequoia Financial Advisors LLC acquired a new stake in shares of OSI Systems in the first quarter worth $234,000. Finally, EntryPoint Capital LLC acquired a new position in OSI Systems during the first quarter valued at $255,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Meyer/ Luskin sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $237.15, for a total transaction of $237,150.00. Following the completion of the sale, the director directly owned 11,214 shares of the company's stock, valued at approximately $2,659,400.10. This represents a 8.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.20% of the company's stock.

Analysts Set New Price Targets

OSIS has been the topic of a number of research reports. Roth Mkm upped their target price on OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a report on Friday, May 2nd. B. Riley raised their price objective on shares of OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Oppenheimer reaffirmed an "outperform" rating and set a $270.00 target price on shares of OSI Systems in a research report on Friday, August 22nd. Finally, Wall Street Zen upgraded OSI Systems from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $230.83.

OSI Systems Trading Down 0.5%

OSIS traded down $1.26 during mid-day trading on Thursday, reaching $229.12. The stock had a trading volume of 187,717 shares, compared to its average volume of 224,829. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. OSI Systems, Inc. has a 52 week low of $129.84 and a 52 week high of $241.64. The stock has a market capitalization of $3.86 billion, a P/E ratio of 26.34, a P/E/G ratio of 1.91 and a beta of 1.31. The firm's fifty day simple moving average is $222.98 and its two-hundred day simple moving average is $212.20.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating 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 business had revenue of $504.99 million for the quarter, compared to analysts' expectations of $497.22 million. During the same quarter last year, the business earned $2.84 earnings per share. The firm'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. On average, equities analysts predict that OSI Systems, Inc. will post 9.22 EPS 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.