Keysight Technologies, Inc. (NYSE:KEYS) Stake Boosted by Benjamin Edwards Inc.

Benjamin Edwards Inc. grew its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 5,597.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,464 shares of the scientific and technical instruments company's stock after acquiring an additional 7,333 shares during the quarter. Benjamin Edwards Inc.'s holdings in Keysight Technologies were worth $1,186,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of KEYS. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new position in shares of Keysight Technologies in the third quarter worth $29,000. American National Bank & Trust acquired a new position in shares of Keysight Technologies during the third quarter valued at $31,000. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies during the second quarter valued at about $27,000. Finally, Family Firm Inc. acquired a new stake in Keysight Technologies in the second quarter worth about $30,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Robert W. Baird raised their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a 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 note on Wednesday, August 21st. Finally, Morgan Stanley boosted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $177.30.

Insider Activity

In other news, SVP Kailash Narayanan sold 595 shares of the firm's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company's stock, valued at $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Lisa M. Poole sold 350 shares of the company's stock in a transaction 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 transaction, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,063 shares of company stock valued at $4,603,201 over the last three months. Insiders own 0.60% of the company's stock.

Keysight Technologies Price Performance

Shares of KEYS traded up $2.10 during trading hours on Friday, hitting $171.73. 940,461 shares of the company were exchanged, compared to its average volume of 1,522,557. The firm has a fifty day simple moving average of $160.05 and a 200-day simple moving average of $147.63. The company has a market capitalization of $29.80 billion, a PE ratio of 49.07, a PEG ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39.

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.