Keysight Technologies, Inc. (NYSE:KEYS – Get Free Report) SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were 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 directly owns 30,637 shares in the company, valued at $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Keysight Technologies Trading Up 1.2 %
Keysight Technologies stock 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 company has a market capitalization of $29.80 billion, a price-to-earnings ratio of 49.07, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The business’s fifty day simple moving average is $160.05 and its two-hundred day simple moving average is $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.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Bank of America raised their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Barclays raised their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $177.30.
Hedge Funds Weigh In On Keysight Technologies
Large investors have recently modified their holdings of the stock. Ferguson Wellman Capital Management Inc. raised its holdings in Keysight Technologies by 0.6% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock worth $1,737,000 after buying an additional 73 shares during the last quarter. Wedmont Private Capital increased its holdings in shares of Keysight Technologies by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after purchasing an additional 74 shares in the last quarter. Cromwell Holdings LLC raised its stake in shares of Keysight Technologies by 15.9% in the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after purchasing an additional 75 shares during the last quarter. Allworth Financial LP increased its holdings in Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after buying an additional 75 shares in the last quarter. Finally, Diversified LLC lifted its stake in Keysight Technologies by 3.6% during the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after acquiring an additional 78 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.
About Keysight Technologies
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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