Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now owns 30,637 shares of the company's stock, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Keysight Technologies Trading Up 1.2 %
NYSE:KEYS opened at $171.73 on Friday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The firm has a fifty day simple moving average of $160.05 and a 200-day simple moving average of $147.62. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $29.80 billion, a P/E ratio of 49.07, a PEG ratio of 2.21 and a beta of 1.00.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on KEYS shares. Susquehanna reiterated a "positive" rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Bank of America boosted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a report on Wednesday, November 20th. StockNews.com cut shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, November 23rd. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a report on Wednesday, August 21st. Finally, Barclays upped their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.
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Institutional Trading of Keysight Technologies
Hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC grew its stake in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after acquiring an additional 323,235 shares during the period. Swedbank AB grew its stake in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Fort Pitt Capital Group LLC grew its stake in Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company's stock valued at $109,138,000 after acquiring an additional 254,985 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in Keysight Technologies by 506.3% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company's stock valued at $41,148,000 after buying an additional 251,274 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock valued at $158,692,000 after buying an additional 216,564 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.
Keysight Technologies Company Profile
(
Get Free Report)
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.
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