First Foundation Advisors Buys 3,827 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

First Foundation Advisors raised its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 13.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 31,694 shares of the scientific and technical instruments company's stock after acquiring an additional 3,827 shares during the period. First Foundation Advisors' holdings in Keysight Technologies were worth $5,091,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after purchasing an additional 61 shares during the last quarter. Caprock Group LLC lifted its holdings in shares of Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock valued at $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC boosted its position in shares of Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock valued at $387,000 after buying an additional 66 shares during the last quarter. OLD National Bancorp IN grew its holdings in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after buying an additional 68 shares in the last quarter. Finally, RMR Wealth Builders raised its position in Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

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Insider Buying and Selling

In related news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

NYSE:KEYS traded up $0.27 during trading hours on Tuesday, reaching $136.66. The stock had a trading volume of 272,253 shares, compared to its average volume of 1,151,485. The stock has a market cap of $23.62 billion, a P/E ratio of 39.05, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The stock has a 50 day simple moving average of $157.02 and a 200 day simple moving average of $161.02. 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 12-month low of $119.72 and a 12-month high of $186.20.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on KEYS shares. Robert W. Baird upped their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $184.44.

Keysight Technologies 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.