Paul Keith Morben Sells 155 Shares of OSI Systems, Inc. (NASDAQ:OSIS) Stock

OSI Systems, Inc. (NASDAQ:OSIS) insider Paul Keith Morben sold 155 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $199.36, for a total value of $30,900.80. Following the transaction, the insider now directly owns 10,077 shares of the company’s stock, valued at $2,008,950.72. The trade was a 1.51 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

OSI Systems Stock Performance

NASDAQ:OSIS opened at $196.44 on Friday. The company has a market cap of $3.30 billion, a P/E ratio of 25.28, a P/E/G ratio of 1.66 and a beta of 1.19. The firm’s 50 day moving average is $175.03 and its two-hundred day moving average is $155.50. OSI Systems, Inc. has a fifty-two week low of $126.57 and a fifty-two week high of $201.42. The company has a quick ratio of 1.25, a current ratio of 1.88 and a debt-to-equity ratio of 0.56.

OSI Systems (NASDAQ:OSIS) last issued its earnings results 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 return on equity of 18.22% and a net margin of 8.15%. Analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Institutional Trading of OSI Systems

A number of institutional investors have recently modified their holdings of the company. Richardson Financial Services Inc. raised its holdings in OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after buying an additional 61 shares during the period. Orion Portfolio Solutions LLC raised its stake in shares of OSI Systems by 3.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company’s stock valued at $501,000 after acquiring an additional 106 shares during the period. US Bancorp DE raised its stake in shares of OSI Systems by 4.8% in the 3rd quarter. US Bancorp DE now owns 2,418 shares of the technology company’s stock valued at $367,000 after acquiring an additional 111 shares during the period. KBC Group NV boosted its position in OSI Systems by 37.1% during the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after purchasing an additional 189 shares during the period. Finally, Inspire Investing LLC boosted its position in OSI Systems by 7.9% during the 3rd quarter. Inspire Investing LLC now owns 2,741 shares of the technology company’s stock worth $416,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Analyst Upgrades and Downgrades

OSIS has been the subject of a number of recent research reports. Oppenheimer lifted their price objective on OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. StockNews.com raised shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. Roth Mkm raised their target price on shares of OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company lifted their target price on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Finally, B. Riley increased their price target on OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, OSI Systems has a consensus rating of “Moderate Buy” and an average target price of $209.40.

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.