Jackson Creek Investment Advisors LLC Takes Position in OSI Systems, Inc. (NASDAQ:OSIS)

Jackson Creek Investment Advisors LLC bought a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS) during the fourth quarter, Holdings Channel.com reports. The fund bought 7,801 shares of the technology company’s stock, valued at approximately $1,007,000.

Several other institutional investors and hedge funds also recently made changes to their positions in OSIS. Parkside Financial Bank & Trust increased its stake in OSI Systems by 27.1% during the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company’s stock valued at $50,000 after acquiring an additional 90 shares during the period. International Assets Investment Management LLC boosted its position in OSI Systems by 3,585.7% in the fourth quarter. International Assets Investment Management LLC now owns 516 shares of the technology company’s stock valued at $67,000 after buying an additional 502 shares in the last quarter. SG Americas Securities LLC bought a new stake in OSI Systems during the third quarter worth about $118,000. Lido Advisors LLC bought a new position in shares of OSI Systems in the third quarter valued at approximately $216,000. Finally, MQS Management LLC acquired a new stake in OSI Systems during the 3rd quarter valued at $234,000. Institutional investors own 89.21% of the company’s stock.

Analyst Ratings Changes

OSIS has been the topic of several research reports. StockNews.com downgraded shares of OSI Systems from a “buy” rating to a “hold” rating in a research report on Saturday. Roth Mkm increased their price target on shares of OSI Systems from $169.00 to $172.00 and gave the company a “buy” rating in a research note on Friday. Finally, Oppenheimer raised their price target on shares of OSI Systems from $157.00 to $160.00 and gave the company an “outperform” rating in a report on Monday.

OSI Systems Trading Down 3.4 %

OSIS stock traded down $4.69 during midday trading on Tuesday, reaching $131.44. The company’s stock had a trading volume of 197,116 shares, compared to its average volume of 96,897. The company has a quick ratio of 0.89, a current ratio of 1.47 and a debt-to-equity ratio of 0.16. OSI Systems, Inc. has a 52 week low of $103.04 and a 52 week high of $144.11. The business’s 50-day simple moving average is $135.71 and its 200-day simple moving average is $127.61. The stock has a market cap of $2.24 billion, a PE ratio of 18.26, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, April 25th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.11 by $0.05. OSI Systems had a return on equity of 18.10% and a net margin of 8.56%. The business had revenue of $405.41 million for the quarter, compared to the consensus estimate of $401.99 million. During the same quarter last year, the business posted $1.49 EPS. The firm’s revenue was up 33.8% compared to the same quarter last year. As a group, sell-side analysts expect that OSI Systems, Inc. will post 8.08 EPS for the current year.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, General Counsel Victor S. Sze sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $130.21, for a total value of $1,953,150.00. Following the sale, the general counsel now owns 63,116 shares in the company, valued at approximately $8,218,334.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other OSI Systems news, General Counsel Victor S. Sze sold 15,000 shares of OSI Systems stock in a transaction on Monday, March 11th. The shares were sold at an average price of $130.21, for a total value of $1,953,150.00. Following the sale, the general counsel now directly owns 63,116 shares in the company, valued at approximately $8,218,334.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total transaction of $2,582,200.00. Following the sale, the chief executive officer now directly owns 468,615 shares in the company, valued at $60,502,882.65. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

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.