Keysight Technologies, Inc. (NYSE:KEYS) Short Interest Update

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,400,000 shares, a drop of 14.6% from the December 31st total of 2,810,000 shares. Based on an average daily volume of 1,170,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.4% of the shares of the stock are sold short.

Insider Activity

In related news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company's stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares of the company's stock, valued at approximately $5,267,113.04. The trade was a 12.59 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 33,063 shares of company stock worth $5,573,941. Insiders own 0.61% of the company's stock.

Institutional Investors Weigh In On Keysight Technologies

Several large investors have recently added to or reduced their stakes in the business. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the third quarter worth $29,000. American National Bank & Trust acquired a new stake in Keysight Technologies in the third quarter worth $31,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies in the third quarter valued at $35,000. Finally, Groupama Asset Managment raised its holdings in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Trading Down 0.2 %

KEYS traded down $0.29 during trading on Tuesday, reaching $176.03. 1,189,022 shares of the stock traded hands, compared to its average volume of 886,510. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock's 50-day moving average is $167.19 and its 200 day moving average is $155.95. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $180.26. The stock has a market capitalization of $30.44 billion, a PE ratio of 50.29, a P/E/G ratio of 2.26 and a beta of 1.02.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a report on Wednesday, November 20th. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a "hold" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price 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.