Alan Edrick Insider Sell Transaction
It was made public in a legal report filed with the Security and Exchange Commission that Alan Edrick, who works for OSI Systems, Inc. (NASDAQ:OSIS)
Osi Systems Inc Stock Rating, Sentiment and Fundamentals
Because the insider trade is symbolic, it may mean that Alan is very negative regarding Osi Systems Inc’s potential. According to the four stock analysts that are covering the California-based Osi Systems Inc’s earnings potential, there is an expectation of earnings-per-share of $3.81 for the 2015 year, which gives Osi Systems Inc a Price to Earnings ratio of 25.08.
|Rating & Sentiment|
|Hedge Funds Sentiment:||BUY|
|Earnings + FCF Trend:||SELL|
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Over the last 200 days, the Osi Systems Inc’s stock price has seen a fast up move of 35.21 % and is now in a very steady and strong uptrend. Despite the lack of confidence given by Alan’s stock unloading, our time-tested trend-following model flashes a buy.
Price Chart of Osi Systems NASDAQ:OSIS Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
A combination of fundamental and technical analysis help speculators make the best money, just like the famous Leon Cooperman once claimed. This doesn’t look to be the case with this company.
Hedge Funds Ownership
SEC 13F filings revealed that, 166 hedge funds hold Osi Systems Inc. The tracked hedge funds have historically had a high interest in Osi Systems Inc’s stock, and that was also the case in Q2 2015. The institutional ownership was 93.94 % of the stock’s outstanding shares. They increased by 1.06 million the total shares they hold. As of that quarter these funds owned 18.53 million shares. A total of 26 funds closed their positions in Osi Systems Inc and 53 reduced their holdings. There were 14 funds that created new positions and 75 funds that added to their positions.
Mark Coe’s Coe Capital Management Llc is the most bullish hedge fund on Osi Systems Inc, with ownership of 41,970 shares as of Q2 2015 for less than 0.01% of the fund’s portfolio. Neumeier Poma Investment Counsel Llc is another bullish player owning 146,340 shares of the company or 2.20% of their stocks portfolio. The stock is also 2.18% of the fund’s AUM. In addition The New York-based fund Moab Capital Partners Llc have 1.26% of their stock portfolio invested in the stock for 59,362 shares. Brett Barakett’s Tremblant Capital Group disclosed it had purchased a stake worth 1.36% of the fund’s stock portfolio in Osi Systems Inc. Elk Creek Partners Llc is also an optimist about the company, owning 155,069 shares or 0.99% of their stock portfolio.
OSI Systems NASDAQ:OSIS Company Profile
OSI Systems, Inc. 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. The Company has three operating divisions: Security, Healthcare, and Optoelectronics and Manufacturing. Security provides security and inspection systems, turn-key security screening solutions and related services. Healthcare provides patient monitoring, diagnostic cardiology and anesthesia systems. Optoelectronics and Manufacturing provides specialized electronic components for the Security and Healthcare divisions, as well as for applications in the defense, aerospace, medical and industrial markets.
Company Website: OSI Systems
Osi Systems Inc was filled in Delaware on 2010-03-03. Now its market capitalization is: $1.88 billion and it has 20.02 million shares outstanding. As of writing it has 94.69% shareholders and the institutional ownership stands at 94.69%. Osi Systems Inc has 5810 employees. The stock closed at $95.5 yesterday and it had average 2 days volume of 123508 shares. It is up from the 30 days average shares volume of 49363. Osi Systems Inc has a 52 weeks low of $66.05 and a 250 days high of $96.08. The current price is above the 200 days Simple moving average. Osi Systems Inc last issued its quarterly earnings information on 10/29/2015. The company reported 0.53 EPS for the quarter, above the consensus estimate of 0.51 by 0.02. The company had a revenue of 200.05 million for 9/30/2015 and 266.60 million for 6/30/2015. Therefore, the revenue was -66,551,000 down.
Alan Edrick is also Vice President of Biosource International Inc, North American Scientific Inc, director of Vertical Branding, Inc.
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