State of Alaska Department of Revenue boosted its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 74.2% during the second quarter, Holdings Channel reports. The firm owned 3,501 shares of the technology company’s stock after buying an additional 1,491 shares during the period. State of Alaska Department of Revenue’s holdings in OSI Systems were worth $263,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. GW Henssler & Associates Ltd. boosted its stake in OSI Systems by 0.4% in the first quarter. GW Henssler & Associates Ltd. now owns 3,098 shares of the technology company’s stock worth $226,000 after buying an additional 13 shares during the period. Kirr Marbach & Co. LLC IN boosted its stake in OSI Systems by 1.2% in the first quarter. Kirr Marbach & Co. LLC IN now owns 3,395 shares of the technology company’s stock worth $248,000 after buying an additional 40 shares during the period. Miles Capital Inc. boosted its stake in OSI Systems by 1.7% in the first quarter. Miles Capital Inc. now owns 3,065 shares of the technology company’s stock worth $224,000 after buying an additional 52 shares during the period. Municipal Employees Retirement System of Michigan boosted its stake in OSI Systems by 1.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 4,140 shares of the technology company’s stock worth $302,000 after buying an additional 60 shares during the period. Finally, Eqis Capital Management Inc. boosted its stake in OSI Systems by 2.3% in the first quarter. Eqis Capital Management Inc. now owns 2,963 shares of the technology company’s stock worth $216,000 after buying an additional 68 shares during the period.
OSI Systems, Inc. (NASDAQ OSIS) traded up 1.16% during midday trading on Tuesday, hitting $80.90. 14,214 shares of the company traded hands. OSI Systems, Inc. has a 12-month low of $59.76 and a 12-month high of $82.26. The stock’s 50-day moving average price is $76.76 and its 200 day moving average price is $75.40. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 62.28 and a beta of 0.78.
WARNING: This report was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://stocknewstimes.com/2017/08/01/osi-systems-inc-nasdaqosis-position-boosted-by-state-of-alaska-department-of-revenue.html.
A number of research firms have issued reports on OSIS. B. Riley restated a “buy” rating and set a $87.00 price target on shares of OSI Systems in a report on Saturday, April 29th. BidaskClub upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Jefferies Group LLC began coverage on shares of OSI Systems in a report on Wednesday, April 12th. They set a “buy” rating and a $86.00 price target for the company. Zacks Investment Research cut shares of OSI Systems from a “buy” rating to a “hold” rating in a report on Wednesday, June 14th. Finally, Sidoti began coverage on shares of OSI Systems in a report on Wednesday, May 24th. They set a “buy” rating and a $99.00 price target for the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $87.50.
About OSI Systems
OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.
Want to see what other hedge funds are holding OSIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OSI Systems, Inc. (NASDAQ:OSIS).
Receive News & Ratings for OSI Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
