Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 338,001 shares of the scientific and technical instruments company's stock after selling 5,250 shares during the quarter. Confluence Investment Management LLC owned approximately 0.20% of Keysight Technologies worth $54,293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Meeder Asset Management Inc. purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies during the third quarter worth approximately $28,000. Erste Asset Management GmbH acquired a new stake in shares of Keysight Technologies during the third quarter worth $29,000. American National Bank & Trust purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $31,000. Finally, Goodman Advisory Group LLC acquired a new position in Keysight Technologies during the 3rd quarter worth approximately $35,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. This represents a 6.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares in the company, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is currently owned by company insiders.

Keysight Technologies Stock Up 0.1 %

Shares of NYSE:KEYS traded up $0.21 during midday trading on Thursday, hitting $160.84. 724,667 shares of the company's stock traded hands, compared to its average volume of 1,202,335. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a market cap of $27.85 billion, a PE ratio of 45.95, a P/E/G ratio of 2.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm's fifty day moving average price is $162.98 and its two-hundred day moving average price is $150.92.

Analyst Ratings Changes

Several research firms have issued reports on KEYS. Susquehanna reiterated a "positive" rating and issued a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a "hold" rating to a "buy" rating in a report on Friday, December 27th. Barclays upped their target price 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. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Morgan Stanley increased their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $180.80.

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.