Why Alan Edrick Unloaded 10,000 Shares of OSI Systems, Inc. (OSIS)?; Acasti Pharma – Class A (ACST) SI Decreased By 25.82%

Acasti Pharma Inc. (NASDAQ:ACST) Logo

Acasti Pharma Inc – Class A (NASDAQ:ACST) had a decrease of 25.82% in short interest. ACST’s SI was 769,900 shares in February as released by FINRA. Its down 25.82% from 1.04 million shares previously. With 1.17M avg volume, 1 days are for Acasti Pharma Inc – Class A (NASDAQ:ACST)’s short sellers to cover ACST’s short positions. The stock decreased 3.32% or $0.0302 during the last trading session, reaching $0.8798. About 440,462 shares traded. Acasti Pharma Inc. (NASDAQ:ACST) has declined 57.56% since February 14, 2018 and is downtrending. It has underperformed by 57.56% the S&P500. Some Historical ACST News: 23/04/2018 – ACASTI PHARMA – PROCEEDS FROM OFFERING, WITH CASH ON HAND TO BE USED BY CO FOR DEVELOPMENT OF CAPRE, ADVANCEMENT OF CO’S PHASE 3 PROGRAM; 23/04/2018 – Acasti Pharma: Each Unit Will Comprise One Common Share, One Common Share Purchase Warrant; 24/04/2018 – ACASTI PHARMA PRICES $10 MILLION UNDERWRITTEN OFFERING; 23/04/2018 – Acasti Pharma to Use Proceeds to Further Develop CaPre, Advance Phase 3 Pgrm; 23/04/2018 – Acasti Pharma to Grant Underwriters Overallotment Option Equal to 16% of Addtl Units; 14/05/2018 – Acasti Pharma Announces Full Exercise of Over-Allotment Option; 18/05/2018 – Acasti Pharma Retains Crescendo Communications for Investor Relations Services in the United States; 21/03/2018 lNAP’s Jennifer Curry, a Hosting and Managed Services Expert, to Appear at CAPRE’s Greater Chicago & Midwest Data Center Summit; 09/05/2018 – Milldam Public Relations’ Adam Waitkunas to Participate in Blockchain Panel at CAPRE’s Greater Portland Data Center Summit; 09/05/2018 – Milldam Public Relations’ Adam Waitkunas to Participate in Blockchain Panel at CAPRE’s Greater Portland Data Center Summit

Acasti Pharma Inc., a biopharmaceutical company, focuses on the research, development, and commercialization of prescription drugs for the treatment of cardiovascular diseases. The company has market cap of $66.63 million. The company's lead product candidate is CaPre, an omega-3 phospholipid for the treatment of hypertriglyceridemia. It currently has negative earnings.

More notable recent Acasti Pharma Inc. (NASDAQ:ACST) news were published by: Nasdaq.com which released: “Medexus Pharmaceuticals Schedules Third Quarter Fiscal 2019 Conference Call – Nasdaq” on February 13, 2019, also Seekingalpha.com with their article: “Acasti Pharma nabs new European patent – Seeking Alpha” published on January 09, 2019, Seekingalpha.com published: “Acasti up 4% premarket on advancement of CaPre studies – Seeking Alpha” on December 31, 2018. More interesting news about Acasti Pharma Inc. (NASDAQ:ACST) were released by: Seekingalpha.com and their article: “Acasti Pharma hits enrollment targets in late-stage studies of CaPre; shares ahead 3% premarket – Seeking Alpha” published on December 20, 2018 as well as Globenewswire.com‘s news article titled: “Acasti Pharma Prices C$24 Million Underwritten Offering TSX Venture Exchange:ACST – GlobeNewswire” with publication date: October 04, 2018.

OSI Systems, Inc. designs, manufactures, and sells electronic systems and components worldwide. The company has market cap of $1.59 billion. The company's Security segment provides baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names. It has a 44.89 P/E ratio. This segment also offers site design, installation, training, and technical support services; and turnkey security screening solutions under the S2 name.

More notable recent OSI Systems, Inc. (NASDAQ:OSIS) news were published by: Nasdaq.com which released: “OSI Systems, Inc. (OSIS) Shares March Higher, Can It Continue? – Nasdaq” on January 29, 2019, also Nasdaq.com with their article: “Mid-Morning Market Update: Markets Open Higher; D. R. Horton Profit Misses Views – Nasdaq” published on January 25, 2019, Nasdaq.com published: “Moving Average Crossover Alert: OSI Systems – Nasdaq” on January 31, 2019. More interesting news about OSI Systems, Inc. (NASDAQ:OSIS) were released by: Nasdaq.com and their article: “Bright Near-Term Outlook for Electronics Components Industry – Nasdaq” published on February 04, 2019 as well as Streetinsider.com‘s news article titled: “OSI Systems (OSIS) Announces $11M Order for RTT Hold Baggage Screening Systems – streetinsider.com” with publication date: January 22, 2019.

Investors sentiment increased to 1.26 in Q3 2018. Its up 0.43, from 0.83 in 2018Q2. It increased, as 14 investors sold OSI Systems, Inc. shares while 47 reduced holdings. 23 funds opened positions while 54 raised stakes. 17.63 million shares or 0.28% less from 17.68 million shares in 2018Q2 were reported. Deutsche State Bank Ag, Germany-based fund reported 155,258 shares. River Road Asset Limited Liability Corp reported 0.17% of its portfolio in OSI Systems, Inc. (NASDAQ:OSIS). Granahan Invest Mngmt Ma invested in 1.54% or 371,866 shares. Sg Americas Secs Ltd Liability Company holds 9,466 shares. Css Ltd Liability Corp Il holds 1,028 shares. Tiaa Cref Inv Mngmt Limited Liability Company holds 0% or 85,463 shares in its portfolio. State Of New Jersey Common Pension Fund D invested 0.11% of its portfolio in OSI Systems, Inc. (NASDAQ:OSIS). Mason Street Advsr Ltd Liability holds 0.01% or 4,986 shares in its portfolio. Prudential Fincl has invested 0% in OSI Systems, Inc. (NASDAQ:OSIS). Nj State Employees Deferred Compensation Plan has invested 0.04% in OSI Systems, Inc. (NASDAQ:OSIS). Employees Retirement Sys Of Texas holds 0.01% or 7,000 shares. Savings Bank Of America Corp De has invested 0% of its portfolio in OSI Systems, Inc. (NASDAQ:OSIS). State Board Of Administration Of Florida Retirement Systems reported 7,878 shares. State Of Tennessee Treasury Department accumulated 0% or 9,233 shares. 67 were reported by Advisory Svcs Ltd Limited Liability Company.

The EVP & CFO of Osi Systems Inc, Alan Edrick has made an unexpected trade in the Pinksheet-listed Osi Systems Inc that is having a worth of $865,320 U.S. Dollars. As published in the Security Exchange Commission public form filed on February 12, 2019, Alan sold 10,000 shares which is based on a market stock price per share of $86.5. Presently, Alan Edrick owns 221,066 shares which make up exactly 1.22% of the Company’s market cap.

The stock increased 1.56% or $1.35 during the last trading session, reaching $87.85. About 162,740 shares traded. OSI Systems, Inc. (NASDAQ:OSIS) has risen 14.41% since February 14, 2018 and is uptrending. It has outperformed by 14.41% the S&P500. Some Historical OSIS News: 26/04/2018 – OSI SYSTEMS INC OSIS.O SEES FY 2018 SALES $1.065 BLN TO $1.095 BLN; 26/04/2018 – OSI SYSTEMS 3Q REV. $267.3M, EST. $263.4M; 23/04/2018 – OSI Systems Presenting at Conference May 23; 26/04/2018 – OSI RAISING FISCAL 2018 SALES AND NON-GAAP EPS GUIDANCE; 26/04/2018 – OSI Systems 3Q EPS 13c; 06/03/2018 OSI SYSTEMS INC – PROGRAM DOES NOT HAVE AN EXPIRATION DAT; 06/03/2018 – Because what else would you do with your cash when a contract that generated likely over half of EBITDA is drastically cut & could go away in two years? $OSIS announces share buyback; 26/04/2018 – OSI SYSTEMS INC OSIS.O SEES FY 2018 NON-GAAP SHR $3.50 TO $3.69; 26/04/2018 – OSI Systems Raises Fiscal Yr 2018 Guidance; 21/05/2018 – OSI Systems Presenting at ROTH Conference Jun 19

Since August 28, 2018, it had 1 buy, and 10 insider sales for $9.09 million activity. EDRICK ALAN I had sold 40,000 shares worth $2.88M on Monday, December 3. 250 shares were bought by Green James W, worth $19,163 on Tuesday, August 28. CHOPRA DEEPAK sold $278,426 worth of stock. 552 shares were sold by Maginnis Malcolm Peter, worth $39,494 on Tuesday, November 20. Ballhaus William Francis JR sold $60,170 worth of OSI Systems, Inc. (NASDAQ:OSIS) on Monday, February 4. MEHRA AJAY sold $2.42 million worth of OSI Systems, Inc. (NASDAQ:OSIS) on Monday, February 4. GOOD STEVEN C had sold 4,500 shares worth $311,220 on Thursday, December 6.

OSI Systems, Inc. (NASDAQ:OSIS) Institutional Positions Chart