The stock of OSI Systems, Inc. (NASDAQ:OSIS) is a huge mover today! About 215,052 shares traded hands. OSI Systems, Inc. (NASDAQ:OSIS) has risen 25.94% since April 14, 2016 and is uptrending. It has outperformed by 21.25% the S&P500.
The move comes after 5 months positive chart setup for the $1.45 billion company. It was reported on Nov, 16 by Barchart.com. We have $101.33 PT which if reached, will make NASDAQ:OSIS worth $449.50M more.
OSI Systems, Inc. (NASDAQ:OSIS) Ratings Coverage
Out of 7 analysts covering OSI Systems (NASDAQ:OSIS), 6 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 86% are positive. OSI Systems has been the topic of 14 analyst reports since August 25, 2015 according to StockzIntelligence Inc. B. Riley & Co initiated OSI Systems, Inc. (NASDAQ:OSIS) on Friday, February 19 with “Buy” rating. The firm earned “Buy” rating on Tuesday, October 13 by Benchmark. The company was upgraded on Friday, September 4 by Zacks. As per Thursday, April 28, the company rating was downgraded by Benchmark. The rating was maintained by TH Capital on Friday, October 30 with “Buy”. On Friday, October 30 the stock rating was maintained by Roth Capital with “Buy”. As per Wednesday, September 16, the company rating was initiated by Sidoti. As per Tuesday, June 21, the company rating was upgraded by Benchmark. BB&T Capital upgraded OSI Systems, Inc. (NASDAQ:OSIS) on Monday, May 9 to “Buy” rating. The rating was maintained by Benchmark on Thursday, January 28 with “Buy”.
According to Zacks Investment Research, “OSI Systems, Inc. is a premier worldwide designer and provider of components, subsystems and end-products based on optical and electromechanical pressure sensor technologies. The Company’s product range focuses on the fiber optics and high speed telecommunications for Gigabit Ethernet and Fibre Channel, Security and Inspection and Medical Diagnostics industries, three areas of excellent growth for our products. The Company also sees continued expansion in office automation, aerospace, computer peripherals and industrial automation industries.”
Insitutional Activity: The institutional sentiment decreased to 0.67 in Q2 2016. Its down 0.15, from 0.82 in 2016Q1. The ratio is negative, as 23 funds sold all OSI Systems, Inc. shares owned while 66 reduced positions. 28 funds bought stakes while 32 increased positions. They now own 17.28 million shares or 5.94% less from 18.37 million shares in 2016Q1.
Moreover, Raymond James & Assoc has 0% invested in OSI Systems, Inc. (NASDAQ:OSIS) for 8,289 shares. Schwab Charles Inv Mgmt has 80,167 shares for 0.01% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 395 shares in its portfolio. Summit Securities Grp Limited Liability Co owns 3,884 shares or 0.12% of their US portfolio. Century Cos last reported 0.01% of its portfolio in the stock. Moreover, River Road Asset Mngmt Ltd Liability Corp has 0.24% invested in OSI Systems, Inc. (NASDAQ:OSIS) for 198,040 shares. Connable Office owns 5,230 shares or 0.08% of their US portfolio. Dimensional Fund Advsrs Ltd Partnership holds 0.03% or 973,450 shares in its portfolio. Wesbanco National Bank reported 18,000 shares or 0.06% of all its holdings. Moreover, State Street Corporation has 0% invested in OSI Systems, Inc. (NASDAQ:OSIS) for 376,242 shares. The United Kingdom-based Aberdeen Asset Mngmt Public Ltd Co Uk has invested 0.07% in OSI Systems, Inc. (NASDAQ:OSIS). The New York-based Clearbridge Ltd has invested 0.05% in OSI Systems, Inc. (NASDAQ:OSIS). Tru Of Vermont has invested 0% of its portfolio in OSI Systems, Inc. (NASDAQ:OSIS). Palisade Capital Ltd Nj accumulated 0.09% or 42,786 shares. Bnp Paribas Arbitrage Sa holds 28,688 shares or 0.01% of its portfolio.
Insider Transactions: Since September 15, 2016, the stock had 0 insider purchases, and 1 sale for $190,050 net activity. $190,050 worth of OSI Systems, Inc. (NASDAQ:OSIS) was sold by GOOD STEVEN C on Thursday, September 15.
More important recent OSI Systems, Inc. (NASDAQ:OSIS) news were published by: Wsj.com which released: “OSI Systems to Buy American Science & Engineering for $269 Million” on June 21, 2016, also Fool.com published article titled: “Why OSI Systems, Inc. Shares Plummeted 30%”, Labusinessjournal.com published: “OSI Systems Completes $269 Million Acquisition of American Science and Engineering” on September 12, 2016. More interesting news about OSI Systems, Inc. (NASDAQ:OSIS) was released by: Reuters.com and their article: “BRIEF-Osi Systems Inc expands size of board to seven members” with publication date: October 14, 2016.
OSIS Company Profile
OSI Systems, Inc., incorporated on March 3, 2010, through its subsidiaries, operates as a vertically integrated designer and maker of specialized electronic systems and components for critical applications. The Firm sells its products and provides related services in markets, including homeland security, healthcare, defense and aerospace. The Firm operates in three divisions, which include Security, which provides security and inspection systems, turnkey security screening solutions and related services; Healthcare, which provides patient monitoring, diagnostic cardiology, anesthesia delivery and ventilation systems, and defibrillators, and Optoelectronics and Manufacturing, which provides electronic components and electronic manufacturing services for the Security and Healthcare divisions, as well as to external original equipment maker (OEM) clients and end users for applications in the medical and industrial markets, among others.
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