Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 29.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,052 shares of the scientific and technical instruments company's stock after selling 4,714 shares during the period. Sanctuary Advisors LLC's holdings in Keysight Technologies were worth $1,882,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth about $27,000. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $29,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies during the 2nd quarter worth approximately $30,000. Finally, American National Bank & Trust purchased a new stake in Keysight Technologies in the 3rd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares of the company's stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a legal 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 that occurred 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 of the company's stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,063 shares of company stock worth $4,603,201. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on KEYS shares. 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. Barclays boosted their target price 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. Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 20th. Bank of America boosted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley increased their target price on 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, one has issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $180.80.

Keysight Technologies Stock Down 0.2 %

Shares of KEYS stock traded down $0.36 during trading hours on Thursday, hitting $159.85. 1,110,953 shares of the company were exchanged, compared to its average volume of 1,205,227. The business's 50-day simple moving average is $161.88 and its two-hundred day simple moving average is $149.05. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The stock has a market capitalization of $27.74 billion, a price-to-earnings ratio of 45.67, a P/E/G ratio of 2.15 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.

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.