Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 27.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,220 shares of the scientific and technical instruments company's stock after selling 4,882 shares during the period. HighTower Advisors LLC's holdings in Keysight Technologies were worth $2,097,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at about $27,000. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies in the third quarter worth about $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the third quarter worth about $29,000. Family Firm Inc. purchased a new position in shares of Keysight Technologies in the second quarter worth about $30,000. Finally, American National Bank & Trust purchased a new position in shares of Keysight Technologies in the third quarter worth about $31,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Down 1.1 %

KEYS traded down $1.85 during trading hours on Friday, hitting $166.50. 754,550 shares of the company's stock were exchanged, compared to its average volume of 1,203,538. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $175.39. The firm has a 50 day moving average of $161.32 and a 200 day moving average of $148.49. The firm has a market cap of $28.89 billion, a P/E ratio of 47.57, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00. 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 topic of several research reports. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 21st. Robert W. Baird boosted their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday, November 20th. Morgan Stanley boosted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $177.30.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the company's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares of the company's stock, valued at $5,267,113.04. This represents a 12.59 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company's stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,063 shares of company stock valued at $4,603,201. Insiders own 0.60% of the company's stock.

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.