Deepak Chopra Sells 15,000 Shares of OSI Systems, Inc. (NASDAQ:OSIS) Stock

OSI Systems, Inc. (NASDAQ:OSIS) CEO Deepak Chopra sold 15,000 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $153.42, for a total transaction of $2,301,300.00. Following the completion of the sale, the chief executive officer now owns 424,323 shares in the company, valued at approximately $65,099,634.66. The trade was a 3.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Deepak Chopra also recently made the following trade(s):

• On Monday, September 16th, Deepak Chopra sold 20,000 shares of OSI Systems stock. The shares were sold at an average price of $144.92, for a total value of $2,898,400.00.

OSI Systems Stock Down 0.6 %

Shares of NASDAQ OSIS opened at $151.97 on Friday. OSI Systems, Inc. has a 52-week low of $115.33 and a 52-week high of $158.69. The stock has a market cap of $2.54 billion, a P/E ratio of 19.95, a P/E/G ratio of 1.42 and a beta of 1.10. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.20 and a current ratio of 1.84. The firm has a 50 day moving average price of $143.89 and a 200 day moving average price of $141.86.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.19. OSI Systems had a return on equity of 18.17% and a net margin of 8.31%. The business had revenue of $344.01 million during the quarter, compared to analyst estimates of $318.66 million. During the same period in the previous year, the firm earned $0.91 EPS. OSI Systems’s quarterly revenue was up 23.2% compared to the same quarter last year. Analysts expect that OSI Systems, Inc. will post 9.12 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. B. Riley increased their price objective on shares of OSI Systems from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Bank of America initiated coverage on OSI Systems in a research report on Monday, September 30th. They issued a “buy” rating and a $175.00 price objective for the company. Roth Mkm upped their target price on shares of OSI Systems from $172.00 to $178.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Finally, Wells Fargo & Company upped their price target on OSI Systems from $170.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $173.00.

Institutional Trading of OSI Systems

Institutional investors have recently modified their holdings of the company. Edgestream Partners L.P. acquired a new position in OSI Systems during the third quarter worth $5,061,000. Glenmede Trust Co. NA increased its position in OSI Systems by 4.6% during the third quarter. Glenmede Trust Co. NA now owns 7,999 shares of the technology company’s stock worth $1,214,000 after buying an additional 354 shares during the last quarter. Thematics Asset Management raised its stake in OSI Systems by 11.0% in the 3rd quarter. Thematics Asset Management now owns 187,000 shares of the technology company’s stock valued at $28,392,000 after acquiring an additional 18,500 shares during the period. BNP Paribas Financial Markets raised its position in shares of OSI Systems by 44.7% in the third quarter. BNP Paribas Financial Markets now owns 17,710 shares of the technology company’s stock valued at $2,689,000 after purchasing an additional 5,468 shares during the period. Finally, FMR LLC raised its holdings 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 acquiring an additional 631,486 shares during the period. 89.21% of the stock is currently owned by institutional investors.

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.