GHP Investment Advisors Inc. Acquires 3,044 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

GHP Investment Advisors Inc. lifted its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 11.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 29,916 shares of the technology company’s stock after acquiring an additional 3,044 shares during the period. GHP Investment Advisors Inc.’s holdings in OSI Systems were worth $5,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of OSIS. FMR LLC grew its stake in OSI Systems by 4,891.4% in the 3rd quarter. FMR LLC now owns 644,396 shares of the technology company’s stock valued at $97,839,000 after purchasing an additional 631,486 shares during the period. World Investment Advisors LLC bought a new position in OSI Systems during the third quarter valued at about $16,713,000. Swedbank AB bought a new position in OSI Systems during the fourth quarter valued at about $8,372,000. Edgestream Partners L.P. purchased a new stake in OSI Systems during the third quarter worth about $5,061,000. Finally, Systematic Financial Management LP raised its position in OSI Systems by 13.4% in the third quarter. Systematic Financial Management LP now owns 264,342 shares of the technology company’s stock worth $40,135,000 after acquiring an additional 31,269 shares during the period. 89.21% of the stock is currently owned by institutional investors.

Insider Transactions at OSI Systems

In related news, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.66, for a total value of $3,753,200.00. Following the sale, the chief executive officer now directly owns 404,323 shares of the company’s stock, valued at $75,875,254.18. This represents a 4.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Keith Morben sold 155 shares of the 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 completion of the transaction, the insider now owns 10,077 shares of the company’s stock, valued at approximately $2,008,950.72. This trade represents a 1.51 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 44,447 shares of company stock worth $7,821,262. Company insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

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

OSI Systems Trading Up 1.0 %

NASDAQ OSIS opened at $206.04 on Friday. The firm has a market cap of $3.46 billion, a PE ratio of 26.52, a price-to-earnings-growth ratio of 1.66 and a beta of 1.19. OSI Systems, Inc. has a 1-year low of $126.57 and a 1-year high of $206.08. The stock has a 50-day moving average of $177.35 and a 200-day moving average of $156.98. 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 (NASDAQ:OSIS) last issued its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. As a group, sell-side analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.

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.