5,655 Shares in OSI Systems, Inc. (NASDAQ:OSIS) Acquired by Bryce Point Capital LLC

Bryce Point Capital LLC acquired a new stake in OSI Systems, Inc. (NASDAQ:OSIS) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 5,655 shares of the technology company’s stock, valued at approximately $947,000.

Other institutional investors have also recently made changes to their positions in the company. Richardson Financial Services Inc. increased its stake in shares of OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock worth $26,000 after buying an additional 61 shares during the period. Smartleaf Asset Management LLC grew its holdings in OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock worth $46,000 after acquiring an additional 195 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of OSI Systems by 241.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 683 shares of the technology company’s stock valued at $108,000 after acquiring an additional 483 shares during the period. KBC Group NV raised its stake in shares of OSI Systems by 37.1% during the fourth quarter. KBC Group NV now owns 699 shares of the technology company’s stock valued at $117,000 after acquiring an additional 189 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of OSI Systems by 36.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 768 shares of the technology company’s stock worth $129,000 after purchasing an additional 207 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Insider Transactions at OSI Systems

In related news, insider Paul Keith Morben sold 155 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the transaction, the insider now owns 10,077 shares in the company, valued at $2,008,950.72. The trade was a 1.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the sale, the director now directly owns 5,000 shares in the company, valued at $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

OSI Systems Stock Performance

Shares of OSIS stock opened at $198.27 on Thursday. The company’s fifty day moving average price is $198.22 and its 200-day moving average price is $172.23. The stock has a market cap of $3.33 billion, a PE ratio of 25.52, a price-to-earnings-growth ratio of 1.81 and a beta of 1.20. 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 12 month low of $126.57 and a 12 month high of $220.00.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, equities analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Oppenheimer boosted their price target on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, January 24th. JPMorgan Chase & Co. initiated coverage on OSI Systems in a research note on Friday, February 21st. They issued a “neutral” rating and a $225.00 price target for the company. Roth Mkm boosted their price objective on shares of OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research report on Friday, January 24th. StockNews.com lowered shares of OSI Systems from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. Finally, B. Riley boosted their price target on shares of OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $212.00.

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.