OSI Systems (NASDAQ:OSIS) Hits New 52-Week High at $144.11

OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $144.11 and last traded at $142.97, with a volume of 3531 shares changing hands. The stock had previously closed at $142.37.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on OSIS. Roth Mkm lifted their target price on OSI Systems from $165.00 to $169.00 and gave the stock a "buy" rating in a research report on Friday, January 26th. StockNews.com upgraded OSI Systems from a "hold" rating to a "buy" rating in a research report on Thursday.

OSI Systems Stock Down 0.0 %

The firm has a 50 day moving average price of $134.07 and a 200-day moving average price of $125.36. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.43 and a quick ratio of 0.80. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 1.61 and a beta of 0.98.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its earnings results on Thursday, January 25th. The technology company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.74 by $0.47. OSI Systems had a net margin of 8.31% and a return on equity of 17.35%. The company had revenue of $373.20 million during the quarter, compared to analysts' expectations of $364.29 million. During the same quarter in the previous year, the company posted $1.19 EPS. The business's revenue for the quarter was up 26.3% compared to the same quarter last year. As a group, equities analysts predict that OSI Systems, Inc. will post 8.03 EPS for the current fiscal year.

Insider Transactions at OSI Systems

In other news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the transaction, the general counsel now directly owns 78,116 shares in the company, valued at approximately $10,250,381.52. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, General Counsel Victor S. Sze sold 15,000 shares of OSI Systems stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $131.22, for a total value of $1,968,300.00. Following the completion of the transaction, the general counsel now owns 78,116 shares of the company's stock, valued at approximately $10,250,381.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of OSI Systems stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total value of $2,582,200.00. Following the transaction, the chief executive officer now owns 468,615 shares of the company's stock, valued at approximately $60,502,882.65. The disclosure for this sale can be found here. Insiders sold 50,000 shares of company stock valued at $6,503,650 over the last three months. Company insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On OSI Systems

A number of institutional investors have recently modified their holdings of OSIS. Quantbot Technologies LP bought a new stake in OSI Systems during the second quarter worth about $25,000. Farther Finance Advisors LLC lifted its holdings in shares of OSI Systems by 1,272.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 343 shares of the technology company's stock worth $40,000 after acquiring an additional 318 shares during the period. Quest Partners LLC acquired a new stake in shares of OSI Systems during the 4th quarter worth approximately $53,000. Parkside Financial Bank & Trust increased its stake in OSI Systems by 27.1% in the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company's stock valued at $50,000 after acquiring an additional 90 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in OSI Systems by 160.4% during the second quarter. Russell Investments Group Ltd. now owns 500 shares of the technology company's stock valued at $59,000 after purchasing an additional 308 shares in the last quarter. Institutional investors own 89.21% of the company's stock.

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.