7,801 Shares in OSI Systems, Inc. (NASDAQ:OSIS) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC bought a new position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,801 shares of the technology company's stock, valued at approximately $1,007,000.

Other large investors also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of OSI Systems in the third quarter worth $118,000. Robeco Institutional Asset Management B.V. increased its stake in OSI Systems by 112.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 182,820 shares of the technology company's stock valued at $21,580,000 after buying an additional 96,641 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in OSI Systems by 20.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,062 shares of the technology company's stock valued at $361,000 after buying an additional 513 shares during the period. Chatham Capital Group Inc. bought a new stake in shares of OSI Systems during the 3rd quarter worth about $1,730,000. Finally, Inspire Investing LLC lifted its stake in shares of OSI Systems by 203.8% in the 3rd quarter. Inspire Investing LLC now owns 8,080 shares of the technology company's stock worth $954,000 after acquiring an additional 5,420 shares during the period. Institutional investors and hedge funds own 89.21% of the company's stock.

Wall Street Analysts Forecast Growth

OSIS has been the topic of several recent analyst reports. Oppenheimer boosted their target price on OSI Systems from $157.00 to $160.00 and gave the stock an "outperform" rating in a report on Monday. Roth Mkm upped their price target on shares of OSI Systems from $169.00 to $172.00 and gave the company a "buy" rating in a report on Friday. Finally, StockNews.com cut shares of OSI Systems from a "buy" rating to a "hold" rating in a research note on Saturday.

Insider Transactions at OSI Systems

In related news, General Counsel Victor S. Sze sold 15,000 shares of the company's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $130.21, for a total value of $1,953,150.00. Following the completion of the sale, the general counsel now owns 63,116 shares in the company, valued at approximately $8,218,334.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CEO Deepak Chopra sold 20,000 shares of the 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 completion of the sale, the chief executive officer now directly owns 468,615 shares of the company's stock, valued at approximately $60,502,882.65. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Victor S. Sze sold 15,000 shares of the firm's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $130.21, for a total value of $1,953,150.00. Following the sale, the general counsel now owns 63,116 shares of the company's stock, valued at $8,218,334.36. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by insiders.

OSI Systems Price Performance

Shares of OSIS traded down $4.69 during trading hours on Tuesday, hitting $131.44. 197,283 shares of the company were exchanged, compared to its average volume of 96,899. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.47 and a quick ratio of 0.89. The company has a market capitalization of $2.24 billion, a PE ratio of 18.08, a PEG ratio of 1.52 and a beta of 0.98. The firm has a fifty day simple moving average of $135.68 and a 200-day simple moving average of $127.71. OSI Systems, Inc. has a one year low of $103.04 and a one year high of $144.11.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The technology company reported $2.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.11 by $0.05. The business had revenue of $405.41 million during the quarter, compared to analyst estimates of $401.99 million. OSI Systems had a return on equity of 18.10% and a net margin of 8.56%. OSI Systems's revenue for the quarter was up 33.8% on a year-over-year basis. During the same quarter last year, the company posted $1.49 EPS. As a group, sell-side analysts predict that OSI Systems, Inc. will post 8.08 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.