OSI Systems, Inc’s filing revealed that its PRESIDENT AND CEO CHOPRA DEEPAK unloaded Company’s shares for reported $3.08 million on Nov 12 ’24. In the deal valued at $153.87 per share,20,000 shares were sold. As a result of this transaction, CHOPRA DEEPAK now holds 424,323 shares worth roughly $76.42 million.
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Then, CHOPRA DEEPAK sold 15,000 shares, generating $2,301,250 in total proceeds. Upon selling the shares at $153.42, the PRESIDENT AND CEO now owns 0 shares.
Before that, CHOPRA 2012 IRREVOCABLE TRUST bought 5,000 shares. OSI Systems, Inc shares valued at $767,326 were divested by the spouse at a price of $153.47 per share.
BofA Securities initiated its OSI Systems, Inc [OSIS] rating to a Buy in a research note published on September 30, 2024; the price target was $175. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Overweight”‘ rating. Imperial Capital began covering OSIS with “an Outperform” recommendation on July 27, 2021. Oppenheimer started covering the stock on December 10, 2020. It rated OSIS as “an Outperform”.
Price Performance Review of OSIS
On Tuesday, OSI Systems, Inc [NASDAQ:OSIS] saw its stock jump 0.21% to $180.09. Over the last five days, the stock has gained 6.57%. OSI Systems, Inc shares have risen nearly 39.55% since the year began. Nevertheless, the stocks have risen 45.96% over the past one year. While a 52-week high of $180.23 was reached on 12/03/24, a 52-week low of $120.42 was recorded on 01/17/24. SMA at 50 days reached $149.71, while 200 days put it at $141.88.
Levels Of Support And Resistance For OSIS Stock
The 24-hour chart illustrates a support level at 178.81, which if violated will result in even more drops to 177.54. On the upside, there is a resistance level at 181.73. A further resistance level may holdings at 183.37. The Relative Strength Index (RSI) on the 14-day chart is 83.34, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 14.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.18%. Stochastics %K at 97.19% indicates the stock is a selling.
How much short interest is there in OSI Systems, Inc?
A steep rise in short interest was recorded in OSI Systems, Inc stocks on 2024-11-15, growing by 0.63 million shares to a total of 1.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.35 million shares. There was a rise of 31.79%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 13, 2020 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $103 price target.
