Janus Henderson Group PLC Sells 83,568 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Janus Henderson Group PLC cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 9.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 832,808 shares of the scientific and technical instruments company's stock after selling 83,568 shares during the quarter. Janus Henderson Group PLC owned approximately 0.48% of Keysight Technologies worth $132,347,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new stake in Keysight Technologies in the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter valued at $29,000. American National Bank & Trust acquired a new position in Keysight Technologies in the 3rd quarter valued at $31,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter worth $27,000. Finally, Family Firm Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter worth $30,000. 84.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Satish Dhanasekaran sold 17,822 shares of the business's 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 transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP John Page sold 3,884 shares of the business's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $658,959.44. Following the transaction, the senior vice president now owns 37,081 shares in the company, valued at $6,291,162.46. This represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,651 shares of company stock valued at $3,844,690 over the last quarter. Insiders own 0.60% of the company's stock.

Keysight Technologies Stock Down 1.5 %

KEYS traded down $2.61 during trading on Thursday, reaching $169.65. 821,481 shares of the stock traded hands, compared to its average volume of 1,210,635. The stock has a market cap of $29.44 billion, a price-to-earnings ratio of 49.23, a price-to-earnings-growth ratio of 2.19 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 company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock's 50-day simple moving average is $159.57 and its two-hundred day simple moving average is $147.38.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Susquehanna reiterated a "positive" rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 21st. Bank of America raised their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research report on Wednesday, November 20th. Wells Fargo & Company reaffirmed an "overweight" rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, StockNews.com lowered Keysight Technologies from a "buy" rating to a "hold" rating in a report on Saturday, November 23rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.

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.