Insider Selling: Keysight Technologies, Inc. (NYSE:KEYS) SVP Sells 6,000 Shares of Stock

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Keysight Technologies Stock Performance

Shares of KEYS traded up $0.21 during mid-day trading on Thursday, hitting $160.84. 724,667 shares of the company's stock were exchanged, compared to its average volume of 1,202,335. The firm has a market capitalization of $27.85 billion, a P/E ratio of 45.95, a P/E/G ratio of 2.12 and a beta of 1.00. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The business's 50 day moving average is $162.84 and its two-hundred day moving average is $150.85. 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

A number of research analysts have recently commented on the company. Barclays increased their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Bank of America boosted their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research report on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a "hold" rating to a "buy" rating in a research report on Friday, December 27th. Finally, Robert W. Baird boosted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $180.80.

Hedge Funds Weigh In On Keysight Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock valued at $1,248,773,000 after buying an additional 194,294 shares during the period. Swedbank AB raised its position in Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock worth $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Keysight Technologies by 7.9% in 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 acquiring an additional 323,235 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Keysight Technologies by 14.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company's stock worth $153,470,000 after purchasing an additional 141,062 shares in the last quarter. Finally, Vontobel Holding Ltd. grew its stake in shares of Keysight Technologies by 1.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company's stock worth $171,830,000 after purchasing an additional 10,579 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Company 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.