Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Bell Asset Management Ltd

Bell Asset Management Ltd lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 12.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,388 shares of the scientific and technical instruments company's stock after selling 6,567 shares during the period. Keysight Technologies accounts for about 1.4% of Bell Asset Management Ltd's holdings, making the stock its 19th biggest position. Bell Asset Management Ltd's holdings in Keysight Technologies were worth $7,612,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of KEYS. EverSource Wealth Advisors LLC raised its stake in shares of Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock worth $314,000 after buying an additional 61 shares in the last quarter. Caprock Group LLC boosted its position in shares of Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock worth $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC grew its stake in shares of Keysight Technologies by 2.8% during the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after purchasing an additional 66 shares during the period. OLD National Bancorp IN increased its holdings in shares of Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock valued at $340,000 after purchasing an additional 68 shares in the last quarter. Finally, RMR Wealth Builders boosted its holdings in Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock worth $417,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Remove Ads

Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The shares were 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 directly owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

KEYS has been the topic of several research analyst reports. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Robert W. Baird boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $184.44.

Keysight Technologies Trading Up 0.0 %

Shares of KEYS traded up $0.02 during mid-day trading on Friday, hitting $133.43. The company had a trading volume of 1,590,979 shares, compared to its average volume of 1,158,643. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The business's 50-day simple moving average is $157.85 and its 200-day simple moving average is $161.16. The stock has a market cap of $23.06 billion, a PE ratio of 38.12, a P/E/G ratio of 2.41 and a beta of 1.12. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.