Keysight Technologies Inc (NYSE:KEYS) SVP Sells $817,902.72 in Stock

Keysight Technologies Inc (NYSE:KEYS) SVP Ingrid A. Estrada sold 7,624 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $107.28, for a total value of $817,902.72. Following the transaction, the senior vice president now owns 84,048 shares in the company, valued at $9,016,669.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

KEYS stock traded up $1.42 during midday trading on Wednesday, hitting $103.16. The company’s stock had a trading volume of 1,358,901 shares, compared to its average volume of 1,702,114. The firm has a 50-day simple moving average of $103.65 and a 200-day simple moving average of $92.95. The firm has a market capitalization of $19.35 billion, a P/E ratio of 23.82, a PEG ratio of 2.55 and a beta of 1.28. The company has a quick ratio of 2.50, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. Keysight Technologies Inc has a 52-week low of $55.91 and a 52-week high of $110.00.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, November 26th. The scientific and technical instruments company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.21. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Keysight Technologies had a return on equity of 29.25% and a net margin of 14.43%. The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 earnings per share. On average, sell-side analysts expect that Keysight Technologies Inc will post 4.62 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in KEYS. Golden State Wealth Management LLC grew its position in shares of Keysight Technologies by 32.1% during the third quarter. Golden State Wealth Management LLC now owns 412 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 100 shares in the last quarter. Stephens Inc. AR increased its stake in shares of Keysight Technologies by 6.8% during the second quarter. Stephens Inc. AR now owns 2,377 shares of the scientific and technical instruments company’s stock worth $213,000 after buying an additional 151 shares during the period. CWM LLC raised its holdings in Keysight Technologies by 69.3% in the third quarter. CWM LLC now owns 381 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 156 shares in the last quarter. Commonwealth Bank of Australia raised its holdings in Keysight Technologies by 57.6% in the second quarter. Commonwealth Bank of Australia now owns 487 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 178 shares in the last quarter. Finally, Hartford Investment Management Co. raised its holdings in Keysight Technologies by 0.9% in the second quarter. Hartford Investment Management Co. now owns 20,620 shares of the scientific and technical instruments company’s stock valued at $1,852,000 after acquiring an additional 188 shares in the last quarter. Hedge funds and other institutional investors own 88.23% of the company’s stock.

A number of equities research analysts have recently weighed in on KEYS shares. Susquehanna Bancshares reaffirmed a “buy” rating and issued a $127.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 27th. Credit Suisse Group reissued an “outperform” rating and set a $125.00 target price (up previously from $110.00) on shares of Keysight Technologies in a research note on Wednesday, November 27th. Bank of America began coverage on Keysight Technologies in a report on Monday, November 18th. They set a “neutral” rating and a $115.00 target price for the company. Robert W. Baird upgraded Keysight Technologies from a “neutral” rating to an “outperform” rating and raised their target price for the company from $82.00 to $100.00 in a report on Thursday, August 22nd. Finally, ValuEngine downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $109.45.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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Insider Buying and Selling by Quarter for Keysight Technologies (NYSE:KEYS)

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