SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 7.3% Passive Stake in OSI Systems Inc.
Beneficial Ownership Disclosure
FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an amended Schedule 13G disclosing a combined beneficial ownership of 7.3% of OSI Systems Inc.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, collectively beneficially own 1,235,311.32 shares of OSI Systems Inc. common stock.
- This aggregate amount represents 7.3% of the class of OSI Systems Inc. common stock.
- FMR LLC holds sole voting power over 1,234,067.09 shares and sole dispositive power over 1,235,311.32 shares.
- Abigail P. Johnson holds sole dispositive power over 1,235,311.32 shares, with no sole or shared voting power.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a change from a previous filing.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of OSI Systems Inc.
Sentiment
Score: 6
Explanation: The filing indicates a significant passive ownership stake by a major institutional investor, FMR LLC, and its principal, Abigail P. Johnson, in OSI Systems Inc. This suggests a long-term investment perspective without intent to influence control, which is generally viewed as a stable and positive signal for the company's existing management and strategy.
Positives
- A significant passive stake by a major institutional investor like FMR LLC can signal confidence in the company's long-term prospects.
- The filing explicitly states the shares are held in the ordinary course of business and not for control, which can reduce concerns about activist investor intervention.
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake, potentially influencing investor confidence and perception of stability.
- Management: Reassures management that the significant stake is passive and not intended to influence control.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for Stephanie J. Brown on behalf of FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where the Power of Attorney (accession number: -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Stephanie J. Brown on behalf of Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where the Power of Attorney (accession number: -23-000038) for Abigail P. Johnson was incorporated by reference. |
| 2025-03-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-05-09 | Date of signing of the Schedule 13G Amendment No. 1. |
Keywords
OSI Systems Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing, Ownership Disclosure
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