Keysight Technologies, Inc. (NYSE:KEYS) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC grew its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 7.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,400,035 shares of the scientific and technical instruments company's stock after buying an additional 323,235 shares during the period. Geode Capital Management LLC owned 2.54% of Keysight Technologies worth $697,411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of KEYS. Swedbank AB grew its stake in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after purchasing an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC increased its holdings in shares of Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company's stock valued at $109,138,000 after purchasing an additional 254,985 shares in the last quarter. D. E. Shaw & Co. Inc. raised its position in shares of Keysight Technologies by 506.3% in the second quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company's stock worth $41,148,000 after acquiring an additional 251,274 shares during the period. Kovitz Investment Group Partners LLC raised its holdings in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock worth $158,692,000 after purchasing an additional 216,564 shares during the period. Finally, Interval Partners LP purchased a new stake in shares of Keysight Technologies in the second quarter valued at approximately $29,512,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Activity

In related 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 transaction of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This trade represents a 6.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,063 shares of company stock valued at $4,603,201 in the last 90 days. Company insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

KEYS has been the topic of a number of research analyst reports. StockNews.com cut shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, November 23rd. Susquehanna reiterated a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Robert W. Baird raised their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 21st. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $177.30.

Keysight Technologies Trading Up 0.4 %

Shares of KEYS traded up $0.59 during midday trading on Thursday, reaching $168.35. The company had a trading volume of 890,786 shares, compared to its average volume of 1,205,295. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The firm has a 50 day simple moving average of $161.12 and a 200-day simple moving average of $148.29. The stock has a market cap of $29.22 billion, a PE ratio of 48.10, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00.

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.