Systematic Financial Management LP Purchases 11,821 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Systematic Financial Management LP increased its stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 276,163 shares of the technology company's stock after purchasing an additional 11,821 shares during the period. OSI Systems makes up 1.2% of Systematic Financial Management LP's holdings, making the stock its 14th biggest holding. Systematic Financial Management LP owned 1.64% of OSI Systems worth $46,238,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. ProShare Advisors LLC increased its stake in shares of OSI Systems by 41.6% in the 4th quarter. ProShare Advisors LLC now owns 4,775 shares of the technology company's stock valued at $799,000 after purchasing an additional 1,404 shares during the last quarter. Nicholas Investment Partners LP lifted its holdings in shares of OSI Systems by 3.5% in the fourth quarter. Nicholas Investment Partners LP now owns 48,299 shares of the technology company's stock worth $8,087,000 after acquiring an additional 1,619 shares during the last quarter. Occudo Quantitative Strategies LP bought a new position in shares of OSI Systems in the fourth quarter worth about $500,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of OSI Systems by 19.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,189 shares of the technology company's stock valued at $8,068,000 after purchasing an additional 7,936 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of OSI Systems by 1.8% during the 4th quarter. Janus Henderson Group PLC now owns 1,230,805 shares of the technology company's stock valued at $206,072,000 after purchasing an additional 21,637 shares during the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

OSI Systems Trading Up 0.2%

NASDAQ OSIS traded up $0.48 during trading hours on Tuesday, hitting $230.13. 80,544 shares of the company's stock were exchanged, compared to its average volume of 192,739. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 29.62, a PEG ratio of 1.81 and a beta of 1.28. The stock has a 50-day simple moving average of $200.79 and a 200 day simple moving average of $186.81. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. OSI Systems, Inc. has a 1-year low of $129.18 and a 1-year high of $233.80.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The technology company reported $2.44 EPS for the quarter, topping the consensus estimate of $2.38 by $0.06. The company had revenue of $444.35 million during the quarter, compared to the consensus estimate of $436.49 million. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. The company's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.16 EPS. On average, equities analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. B. Riley reiterated a "buy" rating and issued a $255.00 price target (up from $221.00) on shares of OSI Systems in a research note on Friday, May 2nd. Roth Mkm boosted their price target on OSI Systems from $224.00 to $245.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Oppenheimer raised their price objective on shares of OSI Systems from $225.00 to $260.00 and gave the company an "outperform" rating in a report on Monday, May 5th. StockNews.com upgraded shares of OSI Systems from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Wells Fargo & Company decreased their price objective on OSI Systems from $220.00 to $210.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $228.33.

Insider Activity at OSI Systems

In other OSI Systems news, Director William Francis Ballhaus, Jr. sold 933 shares of OSI Systems stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $219.77, for a total transaction of $205,045.41. Following the completion of the transaction, the director now owns 24,805 shares in the company, valued at approximately $5,451,394.85. The trade was a 3.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Alan I. Edrick sold 20,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $229.00, for a total transaction of $4,580,000.00. Following the transaction, the chief financial officer now directly owns 284,953 shares in the company, valued at $65,254,237. The trade was a 6.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,621 shares of company stock valued at $9,375,570 in the last three months. Corporate insiders own 5.20% of the company's stock.

About OSI Systems

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.