Satish Dhanasekaran Sells 17,822 Shares of Keysight Technologies, Inc. (NYSE:KEYS) Stock

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) CEO Satish Dhanasekaran sold 17,822 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares of the company's stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Keysight Technologies Stock Performance

KEYS traded up $1.26 on Wednesday, hitting $172.26. 847,018 shares of the stock traded hands, compared to its average volume of 1,210,635. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $29.89 billion, a PE ratio of 48.85, a P/E/G ratio of 2.20 and a beta of 1.00. The business has a fifty day moving average price of $159.17 and a two-hundred day moving average price of $147.21.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a research report on Wednesday, August 21st. StockNews.com cut Keysight Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, November 23rd. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Wells Fargo & Company reissued an "overweight" rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and an average target price of $177.30.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its holdings in shares of Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock worth $697,411,000 after acquiring an additional 323,235 shares in the last quarter. Swedbank AB boosted its holdings in shares of Keysight Technologies by 7.1% in the 3rd 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. Fort Pitt Capital Group LLC boosted its holdings in shares of Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company's stock worth $109,138,000 after acquiring an additional 254,985 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of Keysight Technologies by 506.3% in the 2nd 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 in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its holdings in shares of 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 acquiring an additional 216,564 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

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.