Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Congress Asset Management Co.

Congress Asset Management Co. trimmed its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 35.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,255 shares of the scientific and technical instruments company's stock after selling 4,072 shares during the quarter. Congress Asset Management Co.'s holdings in Keysight Technologies were worth $1,165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC lifted its holdings in shares of Keysight Technologies by 18.5% in the 4th quarter. V Square Quantitative Management LLC now owns 15,213 shares of the scientific and technical instruments company's stock valued at $2,444,000 after buying an additional 2,371 shares during the period. Mcrae Capital Management Inc. lifted its holdings in Keysight Technologies by 0.6% in the fourth quarter. Mcrae Capital Management Inc. now owns 113,051 shares of the scientific and technical instruments company's stock valued at $18,159,000 after acquiring an additional 700 shares during the period. Asset Management One Co. Ltd. boosted its position in shares of Keysight Technologies by 3.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 75,561 shares of the scientific and technical instruments company's stock worth $12,310,000 after purchasing an additional 2,373 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Keysight Technologies by 512.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 50,539 shares of the scientific and technical instruments company's stock worth $8,129,000 after purchasing an additional 42,289 shares during the period. Finally, Lester Murray Antman dba SimplyRich lifted its position in shares of Keysight Technologies by 5.9% during the 4th quarter. Lester Murray Antman dba SimplyRich now owns 2,382 shares of the scientific and technical instruments company's stock valued at $382,000 after acquiring an additional 133 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Trading Down 5.2 %

Shares of KEYS traded down $9.57 during trading hours on Friday, hitting $175.33. The stock had a trading volume of 1,847,340 shares, compared to its average volume of 923,398. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm has a market cap of $30.32 billion, a P/E ratio of 50.10, a P/E/G ratio of 2.41 and a beta of 1.02. The company's fifty day simple moving average is $169.77 and its 200 day simple moving average is $159.71. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20.

Insider Buying and Selling

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction dated 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 directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

KEYS has been the topic of a number of research reports. Bank of America upped their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $180.80.

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.