OSI Systems, Inc. (NASDAQ:OSIS) Director Buys $1,135,800.00 in Stock

OSI Systems, Inc. (NASDAQ:OSIS) Director Meyer/ Luskin acquired 20,000 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were bought at an average price of $56.79 per share, for a total transaction of $1,135,800.00. Following the transaction, the director now owns 10,376 shares of the company’s stock, valued at $589,253.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

OSI Systems, Inc. (OSIS) traded up $1.12 during trading on Friday, hitting $63.08. 596,558 shares of the stock traded hands, compared to its average volume of 577,873. OSI Systems, Inc. has a 12-month low of $50.50 and a 12-month high of $96.64. The company has a market cap of $1,178.44, a price-to-earnings ratio of -54.85, a PEG ratio of 1.31 and a beta of 0.88. The company has a quick ratio of 0.96, a current ratio of 1.55 and a debt-to-equity ratio of 0.46.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, February 1st. The technology company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.08. OSI Systems had a negative net margin of 2.06% and a positive return on equity of 12.78%. The company had revenue of $277.53 million during the quarter, compared to analyst estimates of $263.77 million. During the same quarter last year, the business posted $0.68 EPS. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. equities analysts forecast that OSI Systems, Inc. will post 3.5 EPS for the current year.

Large investors have recently bought and sold shares of the company. Teachers Advisors LLC grew its position in shares of OSI Systems by 8.1% in the 2nd quarter. Teachers Advisors LLC now owns 32,162 shares of the technology company’s stock worth $2,417,000 after buying an additional 2,419 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in shares of OSI Systems by 15.0% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 54,745 shares of the technology company’s stock worth $4,114,000 after buying an additional 7,153 shares during the last quarter. Nationwide Fund Advisors grew its position in shares of OSI Systems by 0.6% in the 2nd quarter. Nationwide Fund Advisors now owns 12,294 shares of the technology company’s stock worth $924,000 after buying an additional 74 shares during the last quarter. UBS Asset Management Americas Inc. grew its position in shares of OSI Systems by 66.0% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 9,825 shares of the technology company’s stock worth $738,000 after buying an additional 3,908 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of OSI Systems by 8.0% in the 2nd quarter. Northern Trust Corp now owns 251,527 shares of the technology company’s stock worth $18,902,000 after buying an additional 18,525 shares during the last quarter.

OSIS has been the subject of a number of analyst reports. Jefferies Group reissued a “buy” rating and issued a $79.00 price objective on shares of OSI Systems in a research note on Monday, January 8th. Zacks Investment Research raised shares of OSI Systems from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research note on Wednesday, December 27th. B. Riley reissued a “buy” rating and issued a $108.00 price objective on shares of OSI Systems in a research note on Tuesday, October 24th. Roth Capital cut their target price on shares of OSI Systems from $106.00 to $78.00 and set a “buy” rating for the company in a research note on Friday, February 2nd. Finally, TheStreet cut shares of OSI Systems from a “b-” rating to a “c+” rating in a research note on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $85.80.

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OSI Systems Company Profile

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

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