OSIS - Insider Transaction: Alan Edrick Sells $599K Worth Of OSI Systems Shares | Benzinga
A substantial insider sell was reported on May 29, by Alan Edrick, EVP & CFO at OSI Systems (NASDAQ:OSIS), based on the recent SEC filing.
What Happened: Edrick's decision to sell 4,216 shares of OSI Systems was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $599,262.
The latest market snapshot at Thursday morning reveals OSI Systems shares down by 0.0%, trading at $134.73.
About OSI Systems
OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in America, and the rest from Europe, the Middle East, and Africa, and the Asia Pacific regions.
OSI Systems: Financial Performance Dissected
Revenue Growth: Over the 3 months period, OSI Systems showcased positive performance, achieving a revenue growth rate of 33.85% as of 31 March, ...