Virtu Financial LLC Purchases New Position in OSI Systems, Inc. (NASDAQ:OSIS)

Virtu Financial LLC acquired a new position in OSI Systems, Inc. (NASDAQ:OSIS) in the 4th quarter, HoldingsChannel reports. The firm acquired 3,113 shares of the technology company’s stock, valued at approximately $521,000.

Other large investors have also recently made changes to their positions in the company. Richardson Financial Services Inc. raised its holdings in shares of OSI Systems by 65.6% during the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after acquiring an additional 61 shares in the last quarter. Smartleaf Asset Management LLC raised 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 purchasing an additional 195 shares in the last quarter. KBC Group NV raised its holdings in OSI Systems by 37.1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock worth $117,000 after purchasing an additional 189 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of OSI Systems by 36.9% in the 4th 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. Finally, Global Retirement Partners LLC boosted its stake in shares of OSI Systems by 80.1% during the 4th quarter. Global Retirement Partners LLC now owns 861 shares of the technology company’s stock valued at $144,000 after purchasing an additional 383 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on OSIS. Roth Mkm raised their price objective on shares of OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a report on Friday, January 24th. B. Riley raised their target price on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Oppenheimer lifted their price target on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. JPMorgan Chase & Co. initiated coverage on OSI Systems in a report on Friday, February 21st. They issued a “neutral” rating and a $225.00 price objective for the company. Finally, StockNews.com upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $212.00.

OSI Systems Stock Up 0.3 %

Shares of NASDAQ:OSIS opened at $203.92 on Wednesday. OSI Systems, Inc. has a 12-month low of $126.57 and a 12-month high of $220.00. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. The stock has a fifty day simple moving average of $194.74 and a two-hundred day simple moving average of $170.09. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 26.24, a PEG ratio of 1.81 and a beta of 1.20.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results 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%. On average, research analysts anticipate that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Transactions at OSI Systems

In other OSI Systems news, insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction dated 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. The trade was a 1.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerald M. Chizever sold 2,701 shares of the firm’s 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 approximately $979,150. The trade was a 35.07 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.20% 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.