Investors Purchase Large Volume of OSI Systems Put Options (OSIS)

OSI Systems, Inc. (NASDAQ:OSIS) saw unusually large options trading activity on Tuesday. Stock traders bought 3,401 put options on the company. This is an increase of 2,782% compared to the average daily volume of 118 put options.

A number of equities analysts have recently commented on OSIS shares. Zacks Investment Research downgraded shares of OSI Systems from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. BidaskClub raised shares of OSI Systems from a “strong sell” rating to a “sell” rating in a report on Friday, December 22nd. B. Riley reaffirmed a “buy” rating and set a $108.00 price objective on shares of OSI Systems in a report on Tuesday, October 24th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $79.00 price objective on shares of OSI Systems in a report on Monday, January 8th. Two research analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $91.40.

Hedge funds have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. lifted its holdings in OSI Systems by 2.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 105,129 shares of the technology company’s stock valued at $7,901,000 after purchasing an additional 2,239 shares during the last quarter. Northern Trust Corp lifted its holdings in OSI Systems by 8.0% during the 2nd quarter. Northern Trust Corp now owns 251,527 shares of the technology company’s stock valued at $18,902,000 after purchasing an additional 18,525 shares during the last quarter. First Trust Advisors LP lifted its holdings in OSI Systems by 126.5% during the 3rd quarter. First Trust Advisors LP now owns 9,431 shares of the technology company’s stock valued at $862,000 after purchasing an additional 5,268 shares during the last quarter. Neumeier Poma Investment Counsel LLC lifted its holdings in OSI Systems by 11.4% during the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 414,815 shares of the technology company’s stock valued at $31,173,000 after purchasing an additional 42,470 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new position in OSI Systems during the 2nd quarter valued at about $108,791,000.

OSI Systems (OSIS) opened at $68.53 on Friday. OSI Systems has a 1-year low of $53.80 and a 1-year high of $96.64. The stock has a market cap of $1,299.88, a PE ratio of 20.52, a P/E/G ratio of 1.46 and a beta of 0.73. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.08. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. The firm had revenue of $257.13 million during the quarter, compared to the consensus estimate of $248.52 million. During the same period last year, the firm posted $0.44 EPS. The firm’s quarterly revenue was up 16.8% on a year-over-year basis. equities analysts predict that OSI Systems will post 3.47 earnings per share for the current fiscal year.

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OSI Systems Company Profile

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.

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