Keysight Technologies, Inc. (NYSE:KEYS) CFO Sells $562,960.00 in Stock

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares of the company's stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Keysight Technologies Stock Performance

Shares of KEYS stock traded down $7.90 during trading hours on Friday, reaching $127.83. 879,769 shares of the company's stock were exchanged, compared to its average volume of 1,151,207. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $22.09 billion, a P/E ratio of 36.42, a P/E/G ratio of 2.41 and a beta of 1.12. The business has a fifty day moving average price of $164.17 and a 200-day moving average price of $162.22.

Analysts Set New Price Targets

Several equities research analysts recently commented on KEYS shares. Robert W. Baird boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised shares of 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 report on Monday, December 16th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, 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 report on Wednesday, February 26th. One equities 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.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $184.44.

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Institutional Trading of Keysight Technologies

A number of hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its stake in shares of Keysight Technologies by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock valued at $8,896,000 after buying an additional 1,755 shares during the period. Sequoia Financial Advisors LLC raised its holdings in Keysight Technologies by 8.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock valued at $4,448,000 after acquiring an additional 2,260 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Keysight Technologies by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock worth $3,018,000 after acquiring an additional 3,857 shares during the period. Portfolio Design Labs LLC grew its holdings in shares of Keysight Technologies by 17.7% during the 4th quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock worth $2,498,000 after purchasing an additional 2,336 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after purchasing an additional 323,235 shares during the period. 84.58% of the stock is owned by institutional investors.

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.