Jump Financial LLC Invests $1.93 Million in OSI Systems, Inc. (NASDAQ:OSIS)

Jump Financial LLC acquired a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,545 shares of the technology company's stock, valued at approximately $1,933,000. Jump Financial LLC owned approximately 0.07% of OSI Systems at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd bought a new position in OSI Systems in the 4th quarter valued at $25,000. Richardson Financial Services Inc. grew its stake in OSI Systems by 65.6% in the 4th quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company's stock valued at $26,000 after purchasing an additional 61 shares during the period. Smartleaf Asset Management LLC grew its stake in OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company's stock valued at $46,000 after purchasing an additional 195 shares during the period. CIBC Private Wealth Group LLC grew its stake in OSI Systems by 241.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 683 shares of the technology company's stock valued at $108,000 after purchasing an additional 483 shares during the period. Finally, KBC Group NV grew its stake in OSI Systems by 37.1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company's stock valued at $117,000 after purchasing an additional 189 shares during the period. Institutional investors own 89.21% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. assumed coverage on OSI Systems in a research report on Friday, February 21st. They set a "neutral" rating and a $225.00 price target on the stock. Oppenheimer increased their price objective on OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. B. Riley raised their price target on OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a report on Friday, January 24th. Roth Mkm raised their price target on OSI Systems from $178.00 to $224.00 and gave the company a "buy" rating in a report on Friday, January 24th. Finally, StockNews.com cut OSI Systems from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $213.33.

Insiders Place Their Bets

In other OSI Systems news, insider Paul Keith Morben sold 155 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the completion of the transaction, the insider now owns 10,077 shares of the company's stock, valued at $2,008,950.72. This represents a 1.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the transaction, the director now directly owns 5,000 shares of the company's stock, valued at $979,150. This trade represents a 35.07 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

OSI Systems Stock Up 3.0 %

OSIS stock traded up $5.88 during trading on Thursday, hitting $199.46. 22,567 shares of the stock traded hands, compared to its average volume of 184,611. OSI Systems, Inc. has a 1 year low of $126.57 and a 1 year high of $220.00. The firm's 50 day moving average is $193.08 and its two-hundred day moving average is $176.61. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 1.81 and a beta of 1.19. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, sell-side analysts anticipate 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.