Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report)'s share price reached a new 52-week high on Thursday . The company traded as high as $186.20 and last traded at $185.18, with a volume of 923854 shares trading hands. The stock had previously closed at $184.69.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on KEYS shares. Robert W. Baird upped their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. Susquehanna reaffirmed a "positive" rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, November 20th. Bank of America increased their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $180.80.
View Our Latest Report on Keysight Technologies
Keysight Technologies Price Performance
The firm has a market capitalization of $30.32 billion, a PE ratio of 50.10, a P/E/G ratio of 2.41 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The business's 50 day moving average is $169.77 and its two-hundred day moving average is $159.71.
Insider Activity
In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares of the company's stock, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. 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. 0.61% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Keysight Technologies
Institutional investors have recently made changes to their positions in the business. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the third quarter worth about $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC boosted its holdings in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after acquiring an additional 133 shares during the period. Finally, Sunbelt Securities Inc. grew its position in Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock worth $44,000 after acquiring an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.
About Keysight Technologies
(
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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.
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