18,083 Shares in OSI Systems, Inc. $OSIS Purchased by Trexquant Investment LP

Key Points

• Trexquant Investment LP acquired a new stake in OSI Systems, buying 18,083 shares valued at approximately $3.5 million, representing 0.11% of the company.
• In Q1, other institutional investors also increased their positions, with a combined ownership of 89.21% of OSI Systems by these groups.
• OSI Systems reported $3.24 earnings per share (EPS) for the last quarter, exceeding analysts' expectations and marking a 4.9% increase in revenue from the previous year.

Trexquant Investment LP purchased a new position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 18,083 shares of the technology company's stock, valued at approximately $3,514,000. Trexquant Investment LP owned about 0.11% of OSI Systems at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. National Bank of Canada FI increased its stake 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 last quarter. Nisa Investment Advisors LLC increased its stake in shares of OSI Systems by 139.5% in the first quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock worth $38,000 after buying an additional 113 shares during the last quarter. Virtus Advisers LLC bought a new stake in shares of OSI Systems in the first quarter worth $43,000. Xponance Inc. acquired a new position in OSI Systems in the first quarter worth $233,000. Finally, Sequoia Financial Advisors LLC acquired a new position in OSI Systems in the first quarter worth $234,000. Institutional investors own 89.21% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OSIS. B. Riley lifted their price objective 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. Wall Street Zen raised shares of OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $270.00 price objective on shares of OSI Systems in a report on Friday, August 22nd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, OSI Systems presently has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

Insider Activity

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 $2,659,400.10. This represents a 8.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Paul Keith Morben sold 1,671 shares of the company's stock in a transaction dated Thursday, September 4th. The stock was 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. The trade was 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 Stock Performance

Shares of OSIS traded down $2.16 during midday trading on Friday, hitting $233.55. 106,835 shares of the stock traded hands, compared to its average volume of 212,869. OSI Systems, Inc. has a 1-year low of $129.84 and a 1-year high of $241.64. The firm has a market capitalization of $3.93 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 1.94 and a beta of 1.30. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The business's 50 day moving average price is $224.94 and its two-hundred day moving average price is $213.19.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced 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 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 the consensus estimate of $497.22 million. During the same quarter in the previous year, the company posted $2.84 earnings per share. 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. Equities research analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current fiscal 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.