Do Hedge Funds and Insiders Love OSI Systems, Inc. (NASDAQ:OSIS)?

OSI Systems, Inc. (NASDAQ:OSIS) was in 17 hedge funds’ portfolio at the end of December. OSIS shareholders have witnessed an increase in enthusiasm from smart money lately. There were 13 hedge funds in our database with OSIS positions at the end of the previous quarter.

OSI Systems Inc. (NASDAQ:OSIS)According to most traders, hedge funds are seen as unimportant, old financial vehicles of the past. While there are greater than 8000 funds with their doors open at present, we hone in on the moguls of this club, about 450 funds. Most estimates calculate that this group oversees the majority of the smart money’s total asset base, and by monitoring their top investments, we have brought to light a number of investment strategies that have historically outstripped the broader indices. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points annually for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have trumped the S&P 500 index by 25 percentage points in 6.5 month (see the details here).

Just as integral, optimistic insider trading sentiment is another way to parse down the stock market universe. Obviously, there are a variety of motivations for an executive to downsize shares of his or her company, but only one, very simple reason why they would behave bullishly. Many academic studies have demonstrated the valuable potential of this method if investors know where to look (learn more here).

With these “truths” under our belt, we’re going to take a peek at the recent action regarding OSI Systems, Inc. (NASDAQ:OSIS).

How have hedgies been trading OSI Systems, Inc. (NASDAQ:OSIS)?

At year’s end, a total of 17 of the hedge funds we track were bullish in this stock, a change of 31% from one quarter earlier. With the smart money’s capital changing hands, there exists a few notable hedge fund managers who were boosting their stakes substantially.

According to our comprehensive database, Donald Chiboucis’s Columbus Circle Investors had the biggest position in OSI Systems, Inc. (NASDAQ:OSIS), worth close to $24 million, accounting for 0.2% of its total 13F portfolio. Sitting at the No. 2 spot is Malcolm Fairbairn of Ascend Capital, with a $13 million position; 0.7% of its 13F portfolio is allocated to the company. Other peers that are bullish include Jim Simons’s Renaissance Technologies, Ken Fisher’s Fisher Asset Management and Scott Burney’s Bluefin Investment Management.

Consequently, key hedge funds have jumped into OSI Systems, Inc. (NASDAQ:OSIS) headfirst. Manatuck Hill Partners, managed by Mark Broach, assembled the most valuable position in OSI Systems, Inc. (NASDAQ:OSIS). Manatuck Hill Partners had 5 million invested in the company at the end of the quarter. Glenn Russell Dubin’s Highbridge Capital Management also initiated a $3 million position during the quarter. The other funds with new positions in the stock are D. E. Shaw’s D E Shaw, John Zaro’s Bourgeon Capital, and Israel Englander’s Millennium Management.

How have insiders been trading OSI Systems, Inc. (NASDAQ:OSIS)?

Insider purchases made by high-level executives is most useful when the company in question has experienced transactions within the past half-year. Over the last half-year time frame, OSI Systems, Inc. (NASDAQ:OSIS) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s also examine hedge fund and insider activity in other stocks similar to OSI Systems, Inc. (NASDAQ:OSIS). These stocks are Altra Holdings, Inc. (NASDAQ:AIMC), General Cable Corporation (NYSE:BGC), Franklin Electric Co. (NASDAQ:FELE), GrafTech International Ltd (NYSE:GTI), and Littelfuse, Inc. (NASDAQ:LFUS). This group of stocks belong to the industrial electrical equipment industry and their market caps are closest to OSIS’s market cap.

Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Altra Holdings, Inc. (NASDAQ:AIMC) 9 0 3
General Cable Corporation (NYSE:BGC) 20 0 4
Franklin Electric Co. (NASDAQ:FELE) 7 0 5
GrafTech International Ltd (NYSE:GTI) 21 2 2
Littelfuse, Inc. (NASDAQ:LFUS) 9 0 3

With the returns shown by our strategies, retail investors should always monitor hedge fund and insider trading activity, and OSI Systems, Inc. (NASDAQ:OSIS) is no exception.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 37% between September 2012 and March 2013 versus 12.9% for the S&P 500 index. Try it now by clicking the link above.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!