Mark Adam Wallace Sells 6,000 Shares of Keysight Technologies, Inc. (NYSE:KEYS) Stock

Keysight Technologies, Inc. (NYSE:KEYS) SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $163.80 on Friday. The business’s fifty day moving average is $163.13 and its 200 day moving average is $151.11. The firm has a market cap of $28.37 billion, a price-to-earnings ratio of 46.80, a PEG ratio of 2.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $175.39.

Institutional Trading of Keysight Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Natixis Advisors LLC lifted its holdings in shares of Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after acquiring an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. grew its position in Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after acquiring an additional 17,962 shares during the last quarter. Vontobel Holding Ltd. increased its stake in Keysight Technologies by 1.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after purchasing an additional 10,579 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its position in Keysight Technologies by 318.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company’s stock valued at $7,835,000 after purchasing an additional 37,528 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KEYS. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 27th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Barclays lifted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Morgan Stanley increased their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Company Profile

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.