Calamos Advisors LLC Makes New $762,000 Investment in OSI Systems, Inc. (NASDAQ:OSIS)

Calamos Advisors LLC purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,907 shares of the technology company's stock, valued at approximately $762,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust raised its holdings in shares of OSI Systems by 27.1% during the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company's stock worth $50,000 after purchasing an additional 90 shares during the period. International Assets Investment Management LLC raised its holdings in shares of OSI Systems by 3,585.7% during the fourth quarter. International Assets Investment Management LLC now owns 516 shares of the technology company's stock worth $67,000 after purchasing an additional 502 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of OSI Systems by 20.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,062 shares of the technology company's stock worth $361,000 after purchasing an additional 513 shares during the period. GSA Capital Partners LLP raised its holdings in shares of OSI Systems by 10.2% during the third quarter. GSA Capital Partners LLP now owns 8,167 shares of the technology company's stock worth $964,000 after purchasing an additional 753 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of OSI Systems by 25.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,844 shares of the technology company's stock worth $496,000 after purchasing an additional 782 shares during the period. 89.21% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at OSI Systems

In other news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction that occurred on 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 sale, the general counsel now directly owns 78,116 shares of the company's stock, valued at $10,250,381.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $131.22, for a total value of $1,968,300.00. Following the transaction, the general counsel now owns 78,116 shares in the company, valued at $10,250,381.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 468,615 shares in the company, 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. 5.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

OSIS has been the subject of several recent research reports. StockNews.com upgraded shares of OSI Systems from a "hold" rating to a "buy" rating in a research report on Friday. Roth Mkm upped their price target on shares of OSI Systems from $165.00 to $169.00 and gave the stock a "buy" rating in a research report on Friday, January 26th.

OSI Systems Price Performance

OSIS traded up $3.90 on Monday, reaching $139.44. The company had a trading volume of 86,467 shares, compared to its average volume of 91,544. The company has a fifty day moving average of $135.44 and a 200-day moving average of $126.85. The company has a market capitalization of $2.38 billion, a P/E ratio of 20.57, a PEG ratio of 1.53 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 0.80 and a debt-to-equity ratio of 0.17. OSI Systems, Inc. has a one year low of $99.70 and a one year high of $144.11.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, January 25th. The technology company reported $2.21 earnings per share 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 analyst estimates of $364.29 million. During the same quarter last year, the firm posted $1.19 EPS. The business's revenue for the quarter was up 26.3% on a year-over-year basis. As a group, equities research analysts anticipate that OSI Systems, Inc. will post 8.03 earnings per share 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.