Swedbank AB Invests $8.37 Million in OSI Systems, Inc. (NASDAQ:OSIS)

Swedbank AB bought a new position in OSI Systems, Inc. (NASDAQ:OSIS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 50,000 shares of the technology company’s stock, valued at approximately $8,372,000. Swedbank AB owned approximately 0.30% of OSI Systems at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. International Assets Investment Management LLC grew its stake in shares of OSI Systems by 15,075.0% during the third quarter. International Assets Investment Management LLC now owns 607 shares of the technology company’s stock valued at $92,000 after purchasing an additional 603 shares during the last quarter. KBC Group NV lifted its holdings in OSI Systems by 37.1% during the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after buying an additional 189 shares in the last quarter. nVerses Capital LLC bought a new position in OSI Systems in the 3rd quarter valued at $182,000. Hohimer Wealth Management LLC acquired a new stake in shares of OSI Systems in the 3rd quarter valued at $264,000. Finally, Truvestments Capital LLC raised its position in shares of OSI Systems by 11.1% during the third quarter. Truvestments Capital LLC now owns 2,159 shares of the technology company’s stock worth $328,000 after acquiring an additional 216 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors.

Insider Transactions at OSI Systems

In related news, insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the sale, the insider now directly owns 10,077 shares of the company’s stock, valued at approximately $2,008,950.72. The trade was a 1.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gerald M. Chizever sold 2,701 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $979,150. The trade was a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 46,447 shares of company stock valued at $8,117,582 over the last 90 days. 5.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on OSIS shares. Roth Mkm raised their price target on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th. StockNews.com upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. B. Riley increased their price objective on shares of OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a report on Friday, January 24th. Oppenheimer lifted their target price on shares of OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company increased their price target on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, OSI Systems has an average rating of “Moderate Buy” and an average price target of $209.40.

OSI Systems Stock Up 0.1 %

Shares of NASDAQ OSIS opened at $196.44 on Friday. The firm has a 50 day moving average price of $175.66 and a 200 day moving average price of $155.88. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. The stock has a market cap of $3.30 billion, a P/E ratio of 25.28, a P/E/G ratio of 1.66 and a beta of 1.19. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $201.42.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating 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%. Analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

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.